Core Viewpoint - Navitas Semiconductor Corporation has announced a private placement of 14,814,813 shares of Class A common stock at a price of $6.75 per share, aiming to raise approximately $100 million to support its transformation into high-power markets and drive long-term value creation [1][2]. Group 1: Capital Raise Details - The private placement is expected to close on or about November 10, 2025, subject to customary closing conditions [1]. - The net proceeds from this offering will be used for working capital and other general corporate purposes [1]. - Needham & Company is acting as the sole placement agent for this private placement [2]. Group 2: Strategic Focus - The capital raised will support Navitas' transformation and accelerate its momentum into higher-power markets, including AI data centers, performance computing, energy and grid infrastructure, and industrial electrification [2]. - The company is focusing its energy on the high-power markets that are shaping the future [2]. Group 3: Regulatory Compliance - The securities are being offered in a private placement under Section 4(a)(2) of the Securities Act of 1933 and Regulation D, and have not been registered under the Act or applicable state securities laws [3]. - The company has agreed to file a registration statement with the SEC covering the resale of the shares no later than five business days following the Purchase Agreement [4].