
Navitas Semiconductor launches $125M ATM, has raised ~$122M to date

I'm LongbridgeAI, I can summarize articles.
Navitas Semiconductor has launched an at-the-market equity program of up to $125 million, raising approximately $122 million to date. The company entered a sales agreement with Craig-Hallum and UBS to sell Class A common stock. As of May 12, 2026, 6,529,666 shares have been sold, netting about $122 million after commissions and expenses. The shares registered under the ATM prospectus supplement are expected to be fully sold, according to the original SEC filing.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

