{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-058734","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2026-05-11T21:02:12+00:00","discovered_at":"2026-05-11T21:04:00.331876+00:00","generated_at":"2026-05-11T21:05:18.084692+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Navitas Semiconductor enters $125M ATM equity offering; terminates prior Jefferies sales agreement","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-058734","json":"https://secwatch.observer/filing/0001104659-26-058734.json","markdown":"https://secwatch.observer/filing/0001104659-26-058734.md","text":"https://secwatch.observer/filing/0001104659-26-058734.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000110465926058734/0001104659-26-058734-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000110465926058734/tm2613239d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T21:05:18.084692+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0a4fc04a22e2306d8000b884134aad3d7204b1a7","claim":"Navitas Semiconductor Corp entered into Sales Agreement with Craig-Hallum Capital Group LLC and UBS Securities LLC valued at $125.0 million (effective 2026-05-11).","evidence_excerpt":"On May 11, 2026, Navitas Semiconductor Corporation, a Delaware corporation (the “ Company ”), entered into a Sales Agreement (the “ Sales Agreement ”) with Craig-Hallum Capital Group LLC and UBS Securities LLC (together, the “ Sales Agents ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821769/000110465926058734/0001104659-26-058734-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Craig-Hallum Capital Group LLC and UBS Securities LLC"},{"label":"Value","value":"$125.0 million"},{"label":"Effective","value":"2026-05-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}