Navitas completes $50M ATM equity offering; $100M total in 2025

Navitas Semiconductor Corp

Completed sale of $50M in Class A common stock under ATM program announced May 27, 2025; full registered amount sold.
Additional $50M sold under prior ATM program announced March 20, 2025; total 2025 ATM sales reach $100M.
Net proceeds to be used for working capital, general corporate purposes, and potential acquisitions (no current agreements).
Jefferies served as sales agent; Needham, Craig-Hallum, Rosenblatt acted as financial advisors.

item 7.01

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