Navitas issues 3.28M shares to former Legacy Navitas stockholders as earnout

Navitas Semiconductor Corp

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.

item 8.01

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accession 0001104659-26-065737

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