---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-022882"
form_type: "8-K"
ticker: "NVTS"
cik: "0001821769"
company_name: "Navitas Semiconductor Corp"
filed_at: "2022-08-15T23:59:59+00:00"
generated_at: "2026-06-24T00:01:58.814439+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Navitas acquires GeneSiC for ~$100M+stock; Q2 revenue up 58% to $8.6M

## Summary
- Acquired GeneSiC for ~$100M cash + 24.9M shares + up to $25M earn-out; GeneSiC has >25% EBITDA margins, ~$25M 2022 revenue.
- Q2 2022 revenue $8.6M (+58% YoY); GAAP operating loss $20.0M; non-GAAP loss $0.07 per share.
- Q3 guidance: revenue $9-11M, gross margin ~40%, non-GAAP opex ~$14M (excluding stock-comp & amort).
- Dr. Ranbir Singh appointed EVP of GeneSiC; base salary $350K and LTIP options for 3.25M shares at $10 strike.
- Acquisition expected to be immediately accretive to EPS; positions Navitas as only pure-play GaN+SiC power semi company.

## SEC filing metadata
- accession: 0001628280-22-022882
- form_type: 8-K
- ticker: NVTS
- cik: 0001821769
- company_name: Navitas Semiconductor Corp
- filed_at: 2022-08-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.02, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821769/000162828022022882/0001628280-22-022882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821769/000162828022022882/i-20220815.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-022882
- JSON: https://secwatch.observer/filing/0001628280-22-022882.json
- Plain text: https://secwatch.observer/filing/0001628280-22-022882.txt

## Key facts
- Executive change
  Dr. Ranbir Singh was appointed as Executive Vice President for the GeneSiC business at Navitas Semiconductor Corp.
  - Action: appointed
  - Role: Executive Vice President for the GeneSiC business
  source text: On August 15, 2022, in connection with its acquisition of GeneSiC Semiconductor Inc. (“GeneSiC”), described in Item 1.01 of this Form 8-K, Navitas Semiconductor Corporation (“Navitas”) appointed Dr. Ranbir Singh as Executive Vice President for the GeneSiC business, reporting to President and CEO Gene Sheridan.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821769/000162828022022882/0001628280-22-022882-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.