{"filings":[{"id":1304320,"accession_number":"0001104659-26-078274","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-06-26T20:15:41+00:00","items":["5.07"],"status":"ready","headline":"Navitas stockholders elect three directors but reject board declassification proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elect Brian Long, David Moxam, Dipender Saluja to board terms expiring 2029.","Proposal 2 (declassify board) failed despite 98.3% of votes cast; needed 2/3 of outstanding shares.","Advisory say-on-pay approved: 61.36M for, 18.05M against, 19.56M abstentions.","Ratification of KPMG as FY2026 auditor approved: 156.41M for, 0.57M against.","Broker non-votes of 58.25M shares on all non-routine proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1058958,"accession_number":"0001104659-26-074127","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-06-15T21:15:57+00:00","items":["8.01"],"status":"ready","headline":"Navitas Semiconductor issues 3.28M shares to finalize earnout obligations","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 3,280,666 shares of Class A common stock to satisfy Triggering Event III under the 2021 Business Combination Agreement.","Total earnout shares issued now 9,841,948; all Triggering Events and earnout issuances completed.","Earnout shares were contingent on stock price achieving targets by October 19, 2026; all targets now met.","No further earnout shares remain issuable; contingent liability fully resolved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":945836,"accession_number":"0001104659-26-071850","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-06-09T20:17:25+00:00","items":["5.02"],"status":"ready","headline":"Director Ranbir Singh resigns from Navitas Semiconductor board effective June 9, 2026","summary_kind":"llm","event_type":"leadership","confidence":"medium","bullets":["Dr. Ranbir Singh resigned as board member and Chair of Executive Steering Committee, effective immediately.","Resignation follows Singh's Schedule 13D filings on April 23 and May 29, 2026.","No reason provided on Form 8-K; references prior activist-related Schedule 13D filings.","Singh had served on the Board since November 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":861323,"accession_number":"0001104659-26-070530","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-06-04T20:15:32+00:00","items":["8.01"],"status":"ready","headline":"Navitas issues 3.28M shares to satisfy earnout obligations under business combination agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 3,277,438 shares to former Legacy Navitas stockholders for Triggering Event II.","Issued 6,406 shares to employees net of tax withholding for Triggering Event I and II.","Total shares issued to date under the agreement: 6,561,282; all Triggering Event I and II issuances completed.","Former stockholders retain contingent right to up to 10M additional shares if price targets met by Oct 19, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":609960,"accession_number":"0001104659-26-065737","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-05-22T20:20:37+00:00","items":["8.01"],"status":"ready","headline":"Navitas issues 3.28M shares to former Legacy Navitas stockholders as earnout","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 3,277,438 shares of Class A common stock on May 22, 2026, to satisfy Triggering Event I under 2021 Business Combination Agreement.","Former Legacy Navitas stockholders can earn up to 10M total shares if stock price targets met by October 19, 2026.","Share issuance triggered automatically based on stock price conditions; no new cash raised.","Dilution of ~3.3M shares for existing stockholders; prior earnout structure disclosed at time of merger."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":609800,"accession_number":"0001104659-26-065731","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-05-22T20:15:57+00:00","items":["1.01","9.01"],"status":"ready","headline":"Navitas Semiconductor settles earnout dispute with sponsor; forfeits 115,775 shares and releases 1,147,225 shares","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Settlement resolves disputes over earnout shares from 2021 business combination; 421,000 Tranche II shares and 305,225 Tranche III shares released immediately.","Live Oak Sponsor forfeits 115,775 shares (27.5% of Tranche III) that were subject to dispute.","Mutual release of all claims related to earnout vesting disputes; parties agree to confidentiality and non-disparagement.","Navitas avoids potential litigation over triggers for earnout vesting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":50522,"accession_number":"0001104659-26-059828","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-05-13T12:15:33+00:00","items":["8.01","9.01"],"status":"ready","headline":"Navitas Semiconductor raises $122M net via ATM equity offering; program fully sold","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered into Sales Agreement with Craig-Hallum and UBS for ATM offering of up to $125M in common stock.","Sold 6,529,666 shares with net proceeds of approximately $122M as of May 12, 2026.","All shares registered under the ATM prospectus supplement are fully sold, pending settlement.","Proceeds intended for general corporate purposes; no specific use stated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":15083,"accession_number":"0001104659-26-058734","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-05-11T21:02:12+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Navitas Semiconductor enters $125M ATM equity offering; terminates prior Jefferies sales agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered Sales Agreement with Craig-Hallum Capital Group LLC and UBS Securities LLC for ATM offering of up to $125M of Class A common stock.","Agents receive up to 3.0% of gross proceeds; shares sold on Nasdaq or in negotiated transactions at market prices.","On May 8, 2026, terminated the Jefferies Open Market Sale Agreement dated March 19, 2025, to avoid uncertainty.","Offering made under shelf registration statement on Form S-3ASR filed May 11, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95825,"accession_number":"0001104659-26-055620","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Navitas Q1 revenue $8.6M (+18% sequential); new CFO Tonya Stevens appointed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 GAAP gross margin (9.3%) vs (17.2%) prior quarter; non-GAAP gross margin 39.0% (up 30 bps).","GAAP operating loss $27.8M; non-GAAP operating loss $11.7M. 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Fischer as independent director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board expanded from 8 to 10 members; Fischer appointed as Class III director effective April 7, 2026.","Fischer will serve on Compensation and Executive Steering committees.","He receives pro-rata annual retainer of $45,000 plus $15,000 in committee fees and 22,048 RSUs vesting before 2027 annual meeting.","Fischer brings over 40 years of semiconductor experience, most recently as SVP/GM at Broadcom.","Appointment supports Navitas's strategic transformation to high-power GaN and SiC markets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109154,"accession_number":"0001104659-26-029469","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-03-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Navitas Semiconductor CFO Todd Glickman to depart; Tonya Stevens named successor effective March 30, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Todd Glickman to leave; will serve as consultant through March 30, 2026.","Tonya Stevens appointed CFO and Treasurer effective as of the Transition Date (March 30, 2026).","Company accelerated vesting of 211,528 unvested RSUs originally scheduled to vest September 20, 2026.","Departure described as mutual decision to pursue new opportunities; transition support arranged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109153,"accession_number":"0001104659-26-026385","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Navitas appoints Tonya Stevens as CFO, effective March 30, 2026; Glickman departs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tonya Stevens appointed CFO, effective March 30, 2026; succeeds Todd Glickman who departs after transition.","Stevens joins from Lattice Semiconductor (Nasdaq: LSCC) where she was CAO and interim CFO.","Base salary $425k, target bonus 65%, one-time equity award of $4.5M in RSUs vesting over 4 years.","Eligible for annual equity awards: ~$1M for 2026, ~$1.5M from 2027, split RSUs and NSOs.","Stevens has over 30 years experience including Intel, PwC, and is a CPA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109152,"accession_number":"0001821769-26-000003","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Navitas Q4 2025 revenue $7.3M, down 59% YoY; guides Q1 growth to $8.0-8.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $7.3M vs $18.0M YoY; full-year revenue $39.4M, down 45% from $71.1M in 2024.","GAAP loss from ops $41.4M including $16.6M restructuring charge; non-GAAP loss $12.1M.","High-power markets (AI data centers, grid) contributed >50% of Q4 revenue; mobile <25%.","Ended Q4 with $236.9M cash; raised $95.6M via November 2025 private placement.","Q1 2026 guidance: revenue $8.0-8.5M, non-GAAP gross margin ~38.7%, opex ~$15M."],"consensus_eps_estimate":-0.0521,"consensus_eps_actual":-0.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":45916000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":109151,"accession_number":"0001104659-26-019220","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Navitas Semiconductor CFO Todd Glickman departs; 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Needham & Company acted as sole placement agent.","Navitas intends to accelerate transformation into AI data centers, energy infrastructure, and industrial electrification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125647,"accession_number":"0001821769-25-000212","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Navitas Q3 revenue plunges 53% YoY to $10.1M; guides Q4 to ~$7.0M amid pivot","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $10.1M, down 53% YoY from $21.7M and 30% sequentially from $14.5M.","GAAP operating loss of $19.4M; 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TSMC to exit GaN by July 2027","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["TSMC, Navitas' sole GaN wafer source, will cease GaN production in July 2027.","New partnership with Powerchip (PSMC) for 200mm GaN-on-Si production at Fab 8B in Hsinchu, Taiwan.","Initial device qualification expected Q4 2025; 100V GaN production in 1H26, 650V transition over 12-24 months.","180nm CMOS process targets improved performance, cost, and yields for AI data centers, EVs, solar, and appliances."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160406,"accession_number":"0001628280-25-027705","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Navitas Semiconductor collaborates with Nvidia on 800V HVDC architecture for AI data centers","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Collaboration with Nvidia on 800V HVDC architecture for next-gen AI data centers.","Navitas' GaN and SiC technologies selected to support Nvidia's Rubin Ultra GPUs and Kyber racks.","Estimated benefits: up to 5% efficiency improvement, 70% maintenance cost reduction, 45% less copper.","Navitas previously launched 8.5 kW AI data center PSU and 12 kW PSU at Computex.","ATM offering expanded: up to $50M additional shares may be sold; 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no other bylaw changes reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":160401,"accession_number":"0001821769-25-000047","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2025-04-02T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Navitas Semiconductor dismisses auditor Moss Adams, appoints KPMG; material weaknesses remain","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On March 28, 2025, Navitas dismissed Moss Adams as independent auditor; Audit Committee approved KPMG on March 27.","Moss Adams reports for FY2023 and FY2024 were unqualified; no disagreements on accounting principles.","Material weaknesses in internal control over financial reporting as of Dec 31, 2024 remain unremediated, including classification in statements of operations and external reporting processes.","Previously identified material weaknesses for FY2023 were remediated, but FY2024 weaknesses persist; letter from Moss Adams filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178666,"accession_number":"0001821769-25-000032","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K/A","filed_at":"2025-03-21T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Navitas Semiconductor files 8-K/A to update legal exhibit for prior offering, no new business news","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Amendment filed March 21, 2025 to update Exhibit 5.1 for securities offering originally disclosed May 23, 2023.","Underwriting agreement dated May 23, 2023 with Morgan Stanley & Co. and Jefferies LLC remains unchanged.","No changes to financial results, operations, or guidance disclosed.","Filing is procedural and does not contain material new information for investors."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.05,"calibrated_materiality_score":0.05,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178669,"accession_number":"0001821769-25-000029","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Navitas Semiconductor enters $50M at-the-market equity offering with Jefferies","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered into Open Market Sale Agreement with Jefferies LLC for up to $50M in Class A common stock.","Shares sold through 'at the market offering' program under existing S-3 registration statement.","Jefferies to receive up to 3.0% compensation on gross sales price; 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full amended bylaws included as Exhibit 3.1.","No changes to other bylaw provisions or fiscal year reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178667,"accession_number":"0001821769-25-000005","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Navitas Q4 revenue $18M (-31% YoY); FY24 revenue $83.3M (+5%); Q1 guidance $13-15M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP operating loss Q4 $39M vs $26.8M YoY; 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Todd Glickman named Interim CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Janet Chou resigns as CFO/Treasurer effective Oct 4, 2024 for personal reasons; not related to financial disclosures.","Todd Glickman, SVP Finance, appointed Interim CFO/Treasurer effective same date.","Glickman previously served as Interim CFO from Oct 2021 to May 2022; joined Navitas in 2015.","Glickman has over 18 years finance experience and holds BBA from Wisconsin-Madison and MBA from USC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":211587,"accession_number":"0001821769-24-000092","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Navitas Q2 revenue $20.5M (+13% YoY), GAAP op loss $31.1M; 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Wunderlich (74.2M for, 25.9M withheld, 26% withheld).","Advisory vote on named executive officer compensation approved: 96.3M for, 2.7M against, 1.1M abstain.","Stockholders recommended annual frequency for future say-on-pay votes (98.1M for one year).","Ratification of Moss Adams LLP as auditor for FY2024 approved (137.6M for, 1.1M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.15,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":230287,"accession_number":"0001821769-24-000058","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Navitas Q1 revenue up 73% YoY to $23.2M; 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GAAP gross margin 42.2% (up from 40.6% YoY).","FY 2023 revenue $79.5M, up 109% from $37.9M; GAAP gross margin improved to 39.1% from 31.5%.","New wins in AI data centers, home appliances, solar inverters, satellite internet; over 20 data center designs ramping in 2024.","Q1 2024 guidance: revenue ~$23M (±$500K), gross margin ~41%, opex ~$21.5M (excl. SBC).","Cash $152.8M at year-end; CEO acknowledges H1 headwinds but expects H2 acceleration."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":79456000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":248699,"accession_number":"0001821769-24-000006","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2024-01-10T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Navitas Semiconductor appoints Janet Chou CFO; Ron Shelton to leave March 15, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Ron Shelton departs March 15, 2024; will stay through Form 10-K filing expected Feb 2024.","Janet Chou appointed EVP, CFO and Treasurer, effective upon 10-K filing; previously VP/CFO Global Ops at Western Digital.","Chou receives $380k base salary, 60% target bonus (max 90%), and 408,059 RSUs vesting over 4 years.","Shelton receives 6 months salary/benefits continuation and acceleration of 46,875 unvested RSUs.","Company also announced participation at CJS Winter and Needham growth conferences on Jan 10 and Jan 17, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":248698,"accession_number":"0001821769-24-000003","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2024-01-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Navitas adopts Executive Severance Plan for SVP+; CEO gets 2x salary/benefits in change-of-control","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Plan covers senior VP and above, including named executive officers; effective Dec 27, 2023.","Non-CIC severance: CEO gets 1 year base salary + prorated bonus; other execs get 6 months.","CIC-period severance: CEO gets lump sum of 2x salary + 2x target bonus; other execs get 1.5x.","Time-based equity fully vests on CIC-qualifying termination; performance awards vest at actual.","No excise tax gross-up; benefits reduced if needed to avoid parachute penalty, subject to 105% net test."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":266191,"accession_number":"0001821769-23-000174","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2023-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Navitas Q3 revenue $22M (up 115% YoY); guides Q4 $25-26M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $22.0M, up 115% YoY and 22% sequentially; GAAP gross margin 32.3%, non-GAAP 42.1%.","GAAP operating loss $28.6M; non-GAAP operating loss $8.7M. Cash $176.7M.","Q4 guidance: revenue $25.0-$26.0M, gross margin ~42.5%, operating expenses ~$20.0M.","New platforms: GaNSafe, Gen-4 GaNSense, Gen-3 Fast SiC, and bi-directional GaN for high-power markets.","Customer wins: Xiaomi, Oppo, Samsung; GaN adoption in mobile chargers and new EV OBC platform."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":53399000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283442,"accession_number":"0001821769-23-000131","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2023-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Navitas Q2 revenue $18.1M (+110% YoY); 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prior audit reports unqualified with no disagreements.","Appointed Moss Adams LLP as new independent registered public accounting firm, effective same date.","No prior consultations with Moss Adams on accounting principles or disagreements noted.","Previously reported material weaknesses in internal controls for FY 2021-2022 and Q1 2023, discussed with Deloitte."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":283440,"accession_number":"0001821769-23-000120","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2023-07-05T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Navitas confirms GaN supply unaffected by China's gallium export restrictions","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["China's Ministry of Commerce announced gallium/germanium export restrictions starting August 2023.","Navitas uses GaN-on-Si wafers; its subcontractor has multiple worldwide gallium sources.","Navitas does not use germanium in any product; expects no impact on customer deliveries or business.","Gallium is a natural by-product of aluminum production, available globally.","Management states no adverse effect anticipated from the export controls."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":302910,"accession_number":"0001821769-23-000104","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2023-06-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Navitas Semiconductor announces results of 2023 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders reelected Brian Long, David Moxam, and Dipender Saluja as Class II directors: Long 81.1M for/2.3M withheld, Moxam 81.9M/1.5M, Saluja 73.5M/9.9M.","Ratification of Deloitte & Touche as independent auditor for FY2023: 119.5M for, 119K against, 224K abstain.","Meeting held June 8, 2023; broker non-votes of 36.5M on director election."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":302909,"accession_number":"0001821769-23-000102","cik":1821769,"company_name":"Navitas Semiconductor Corp","ticker":"NVTS","form_type":"8-K","filed_at":"2023-06-05T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Navitas underwriters exercise full option for 1.5M shares; total net proceeds $86.9M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Underwriters purchased additional 1,500,000 shares at $8.00, closing June 5, 2023.","Total shares sold increased to 11,500,000; aggregate gross proceeds reached $92.0M.","Net proceeds after discounts: $86.9M; additional $12M gross from option tranche.","Proceeds to fund working capital, potential acquisitions, or strategic manufacturing investments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":6865324030.449273,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-06-05T23:59:59+00:00|302909"}