other material
confidence high
sentiment neutral
materiality 0.15
Navitas stockholders elect three directors but reject board declassification proposal
Navitas Semiconductor Corp
- 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.