secwatch.observer — SEC 8-K summary
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Issuer:     Navitas Semiconductor Corp (NVTS)
CIK:        0001821769
Form:       8-K/A
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001193125-21-329813
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Navitas Semiconductor completes SPAC merger with Live Oak Acquisition II; begins trading as NVTS
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- Business combination closed: Live Oak Acquisition II acquires Navitas Semiconductor; combined entity now Nasdaq-listed as NVTS.
- 10,135,544 public shares redeemed at ~$10 each for aggregate ~$101.4M; trust balance ~$152M before closing.
- Post-closing: 117,733,507 common shares, 11,276,706 options, 4,525,344 RSUs, and warrants outstanding.
- Todd Glickman appointed Interim CFO; previously SVP Finance, with new employment agreement effective at closing.
- Legacy Navitas historical financials for 9 months ended Sept 30, 2021 included as exhibits (unaudited).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821769/000119312521329813/0001193125-21-329813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821769/000119312521329813/d606117d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-329813

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer