0001104659-26-058734
SEC filingNavitas Semiconductor entered a $125 million at-the-market offering program with Craig-Hallum and UBS and terminated its prior sales agreement with Jefferies.
Navitas Semiconductor has established a new at-the-market (ATM) equity offering program providing significant capital raising flexibility. The Sales Agreement with Craig-Hallum Capital Group LLC and UBS Securities LLC enables the issuance and sale of up to $125 million in Class A common stock through customary market channels including direct Nasdaq sales or negotiated transactions at prevailing prices. This replaces the prior Jefferies agreement terminated on May 8, 2026 which had already expired in July 2025 but required formal notice for clarity. The 3% agent commission is standard for ATM programs. Under the shelf registration S-3ASR (File No. 333-295754) effective May 11, 2026 the company maintains full control over timing volume and suspension of offerings. This structure allows opportunistic capital access without immediate dilution commitment supporting strategic flexibility for growth initiatives while providing investors potential participation at market prices.