Navitas Semiconductor Corp - 8-K Filing
Navitas Semiconductor entered into a Settlement Agreement with Live Oak Sponsor Partners II on May 18, 2026. The agreement resolved disputes over the vesting of earnout shares under their Sponsor Letter Agreement from 2021. Navitas released an additional 726,225 Class A common shares to Live Oak Sponsor (including 421,000 Tranche II Earnout Shares and 305,225 or 72.5% of the Tranche III Earnout Shares), while 115,775 remaining Tranche III shares were forfeited.
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