Navitas Semiconductor and Live Oak II Announce Additional $18mm PIPE Investment and Up to $30mm Forward-Purchase Agreement In Connection With $1.04 Billion SPAC Business Combination

Navitas Semiconductor and Live Oak II Announce Additional $18mm PIPE Investment and Up to $30mm Forward-Purchase Agreement In Connection With $1.04 Billion SPAC Business Combination

Additional Investors add $18mm in commitments, at same terms as existing PIPE investors, bringing total anticipated PIPE proceeds to $173mmNew forward-purchase agreement up to $30mm from affiliate of Atalaya Capital Management Dublin, Ireland and Memphis, TN. –...
EVTECH Positive on Next-Gen GaN Semiconductor for EV to Improve Performance, Efficiency and Reliability of their Automotive On-Board Chargers

EVTECH Positive on Next-Gen GaN Semiconductor for EV to Improve Performance, Efficiency and Reliability of their Automotive On-Board Chargers

EVTECH is working with Navitas on ways to develop new OBC and DC/DC technology platforms. In a powerful testimonial video, Jack (Dinggang) PING (平定钢), EVTECH’s VP for research and development, highlights how Navitas’ GaNFast power ICs, with integrated GaN FET,...