---
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"
generated_at: "2026-06-14T13:17:33.937892+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Navitas Semiconductor prices $80M public offering of 10M shares at $8.00/share

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001821769-23-000099
- JSON: https://secwatch.observer/filing/0001821769-23-000099.json
- Plain text: https://secwatch.observer/filing/0001821769-23-000099.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Morgan Stanley & Co. LLC and Jefferies LLC, as representatives of the several underwriters
  - Value: $75.2 million
  - Effective: 2023-05-23
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1821769/000182176923000099/0001821769-23-000099-index.htm

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