Welcome to our dedicated page for Navitas Semiconductor SEC filings (Ticker: NVTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Navitas Semiconductor Corporation filings document formal disclosures for an operating power semiconductor company focused on GaNFast gallium nitride power ICs and GeneSiC silicon carbide devices. Recent Form 8-K reports furnish unaudited quarterly and full-year financial results, with management commentary on high-power markets such as AI data centers, grid and energy infrastructure, performance computing and industrial electrification.
The company’s regulatory filings also record governance and leadership matters, including CFO transition disclosures, board expansion, director appointments, committee assignments, non-employee director compensation and equity awards. Regulation FD disclosures describe strategic technology and manufacturing collaborations tied to gallium nitride solutions for high-power applications.
Navitas Semiconductor Corporation issued 3,277,438 shares of Class A common stock on May 22, 2026 to satisfy its obligations for Triggering Event I under its 2021 Business Combination Agreement tied to the Live Oak Acquisition Corp. II merger.
Under that agreement, former Legacy Navitas stockholders and certain other persons may receive up to a total of 10,000,000 Class A common shares if the company’s stock price reaches specified targets before October 19, 2026.
Navitas Semiconductor Corporation entered into a Settlement, Release and Amendment Agreement with Live Oak Sponsor Partners II, LLC regarding contingent earnout shares from its prior business combination. The original Business Combination Agreement allowed former Legacy Navitas holders and certain others to receive up to 10,000,000 Earnout Shares if stock price targets are met before October 19, 2026.
Under the new agreement, Navitas will transfer 726,225 Sponsor Earnout Shares to Live Oak Sponsor so these shares are fully vested, non-forfeitable, and no longer subject to transfer restrictions. This transfer is in addition to 421,000 Sponsor Earnout Shares previously agreed as earned, while 115,775 Sponsor Earnout Shares are forfeited by Live Oak Sponsor. Both parties grant broad mutual releases related to the prior letter agreement, and Live Oak Sponsor agrees to indemnify Navitas against certain claims from its equityholders.
Navitas Semiconductor Corporation disclosed that it has effectively completed sales under its at-the-market stock offering program. Under a Sales Agreement with Craig-Hallum Capital Group LLC and UBS Securities LLC, the company could offer up to $125.0 million of Class A common stock through an at-the-market program.
As of May 12, 2026, Navitas has sold 6,529,666 shares of common stock, generating approximately $122.0 million in net proceeds after commissions and estimated offering expenses. Assuming all trades settle, the common stock registered under the related May 11, 2026 prospectus supplement has been fully sold.
Navitas Semiconductor Corporation has called a virtual annual stockholder meeting for June 25, 2026 at 8:00 a.m. Pacific Time. Holders of Class A common stock at the April 28, 2026 record date, totaling 233,713,166 shares, are entitled to one vote per share.
Stockholders will vote on four main items: electing three Class II directors; approving an amendment to declassify the board so all directors stand for annual elections starting with the 2027 meeting; an advisory “Say-On-Pay” vote on executive compensation; and ratifying KPMG LLP as independent auditor for the year ending December 31, 2026.
The proxy outlines a majority-independent, 10‑member board, an existing classified structure, and a proposal to move to annual director elections as a governance “best practice.” It details compensation for named executive officers, including a significant RSU grant and performance-based equity structure for new CEO Chris Allexandre, and describes an executive severance plan covering senior leaders in change-in-control or involuntary termination scenarios.
Navitas Semiconductor Corporation entered into a new Sales Agreement with Craig-Hallum Capital Group and UBS Securities to establish an at-the-market equity program. The company may offer and sell up to $125.0 million of Class A common stock from time to time under this arrangement.
The sales can be made on Nasdaq or other markets at prevailing or related market prices, with the Sales Agents earning up to 3.0% of aggregate gross proceeds on shares they sell. Any sales will be made under Navitas’ automatic shelf registration statement on Form S-3ASR and a related prospectus supplement.
Navitas is not obligated to sell any shares and can suspend offerings at any time. The company also sent Jefferies LLC written notice confirming termination of a prior open market sale agreement to remove any uncertainty about its status.
Navitas Semiconductor Corporation is offering up to $125,000,000 of Class A common stock in an at-the-market sales agreement. The offering may be made from time to time through Craig-Hallum Capital Group LLC and UBS Securities LLC as sales agents. The prospectus supplement states the offer is being made under the Company’s shelf registration (Form S-3ASR) and assumes the Nasdaq last reported sale price of $18.20 per share on May 8, 2026.
The prospectus shows shares outstanding of 233,713,166 as of May 8, 2026 and illustrates an illustrative sale of 6,868,132 shares at $18.20 to reach the aggregate $125.0M. Net proceeds are stated to be used for working capital and general corporate purposes, including potential acquisitions. Sales agent commissions are up to 3.0% of gross proceeds.
Navitas Semiconductor Corporation filed a shelf registration statement to offer up to $250,000,000 of securities consisting of common stock, preferred stock, debt securities, warrants, rights and units, to be sold from time to time.
The prospectus states securities may be offered in one or more offerings from time to time after the effective date, with specific terms and amounts to be set forth in prospectus supplements. The document discloses Nasdaq listing information (Class A Common Stock trading under the symbol NVTS) and a last reported sale price of $18.20 per share as of May 8, 2026.
Morgan Stanley Smith Barney LLC submitted a Form 144 disclosing proposed resale of 85,000 shares of Common stock under a restricted-stock designation dated 03/13/2026. The filing lists multiple recent sales by Todd Glickman totaling 197,684 shares across three dates in February–March 2026.
The filing records per-sale amounts and dollar values; timing and methods for the 85,000-share resale are tied to the restricted-stock entry dated 03/13/2026.
Navitas Semiconductor reported weaker results for the quarter ended March 31, 2026. Net revenue fell to $8.6 million from $14.0 million a year earlier, mainly from lower mobile and consumer demand, especially in Asia and China. Cost of revenues dropped but stayed about 62% of sales, while research and development and selling, general and administrative costs remained high relative to revenue.
The company posted a net loss of $33.8 million versus $16.8 million last year, or -$0.15 per share compared with -$0.09. Results were further affected by a $7.9 million loss from the change in fair value of earnout liabilities and $10.3 million of stock-based compensation. Navitas ended the quarter with $223.4 million in cash, cash equivalents and restricted cash and used $16.4 million in operating cash flow, while continuing its Navitas 2.0 restructuring to emphasize high-power markets such as AI data centers and energy infrastructure.
Navitas Semiconductor reported first quarter 2026 revenue of $8.6 million, up sequentially but down from $14.0 million a year earlier as it pivots from mobile and consumer toward high-power markets like AI data centers and energy infrastructure.
GAAP results showed a net loss of $33.8 million, compared with a $16.8 million loss in the prior-year quarter, driven in part by a $7.9 million loss from the change in fair value of earnout liabilities and ongoing amortization of acquisition-related intangibles. On a non-GAAP basis, the net loss improved to $9.8 million from $11.2 million.
Non-GAAP gross margin reached 39.0%, up slightly from 38.7% in the prior quarter, while GAAP gross margin was negative due to amortization charges. The company ended March 31, 2026 with $221.0 million in cash and cash equivalents and $420.0 million of stockholders’ equity, supporting its strategy to grow in GaN and high-voltage SiC high-power applications.