{"schema_version":"secwatch.filing_event.v1","accession":"0001821769-23-000099","form_type":"8-K","ticker":"NVTS","cik":"0001821769","company_name":"Navitas Semiconductor Corp","filed_at":"2023-05-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.867839+00:00","generated_at":"2026-06-14T13:17:33.937892+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Navitas Semiconductor prices $80M public offering of 10M shares at $8.00/share","bullets":["Offering of 10,000,000 shares of Class A common stock at $8.00 per share, gross proceeds $80.0M.","Underwriters granted a 30-day option for up to 1,500,000 additional shares at the same price.","Net proceeds expected ~$75.2M after underwriting discounts and expenses.","Proceeds will fund working capital, general corporate purposes, and potential acquisitions or strategic manufacturing investments.","Morgan Stanley and Jefferies are joint book-running managers; Deutsche Bank also book-runner."],"urls":{"canonical":"https://secwatch.observer/filing/0001821769-23-000099","json":"https://secwatch.observer/filing/0001821769-23-000099.json","markdown":"https://secwatch.observer/filing/0001821769-23-000099.md","text":"https://secwatch.observer/filing/0001821769-23-000099.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000099/0001821769-23-000099-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000099/i-20230523.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T13:17:33.937892+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"20d67dc54adc4c982e7a582c2f916df2071c90b9","claim":"Navitas Semiconductor Corp entered into Underwriting Agreement with Morgan Stanley & Co. LLC and Jefferies LLC, as representatives of the several underwriters valued at $75.2 million (effective 2023-05-23).","evidence_excerpt":"On May 23, 2023, Navitas Semiconductor Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC and Jefferies LLC, as representatives of the several underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell 10,000,000 shares of the Company’s Class A common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821769/000182176923000099/0001821769-23-000099-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Morgan Stanley & Co. LLC and Jefferies LLC, as representatives of the several underwriters"},{"label":"Value","value":"$75.2 million"},{"label":"Effective","value":"2023-05-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}