Gene Sheridan hopes to expand his power company’s market from cell phones to data centers, solar panels and electric vehicles with a $1 billion public offering.
Gallium Nitride Valley. The words don’t have quite the same ring to them as Silicon Valley. But at the pace Gene Sheridan’s Navitas Semiconductor is growing, Gallium Nitride (GaN) could be the next big combination of elements (Gallium and Nitrogen) to power the modern world.
Navitas has entered a definitive agreement to combine with Live Oak Acquisition Corp. II (NYSE: LOKB), a publicly-traded special-purpose acquisition company (SPAC).
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