Navitas Semiconductor raises $122M net via ATM equity offering; program fully sold

Navitas Semiconductor Corp

• 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.

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