M&A
confidence high
sentiment neutral
materiality 0.20
Navitas agrees to buy 1.46M Magnachip shares for $5M ($3.42 each)
Navitas Semiconductor Corp
- Navitas to purchase 1,461,988 shares of Magnachip common stock at $3.42/share, aggregate $5,000,000.
- Closing expected on or about September 24, 2026, subject to customary conditions.
- Magnachip to file Form S-3 resale registration within 30 days post-closing; shares issued under Section 4(a)(2) exemption.