Form 8-K
8-K — Navitas Semiconductor Corp
Accession: 0001104659-26-078274
Filed: 2026-06-26
Period: 2026-06-25
CIK: 0001821769
SIC: 3674 (SEMICONDUCTORS & RELATED DEVICES)
Item: Submission of Matters to a Vote of Security Holders
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 25, 2026
Navitas
Semiconductor Corporation
(Exact name of registrant
as specified in its charter)
Delaware
001-39755
85-2560226
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
3520
Challenger Street, Torrance,
California
90503-1640
(Address
of principal executive offices)
(Zip
Code)
Registrant’s telephone
number, including area code: (844) 654-2642
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which
registered
Class
A Common Stock, par value $0.0001 per share
NVTS
The
Nasdaq Stock
Market LLC
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of
the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.07. Submission of Matters to a Vote of Security Holders.
On June 25, 2026, Navitas Semiconductor Corporation
(the “Company”) held its 2026 annual meeting of stockholders (the “Annual Meeting”). A total of 233,713,166 shares
of the Company’s Class A common stock, par value of $0.0001 per share (“Class A common stock”) were eligible
to vote at the Annual Meeting. There were 157,213,045 shares of Class A common stock represented at the Annual Meeting by valid proxies
or voted at the meeting, which constituted a quorum. Set forth below are the proposals voted upon at the Annual Meeting, which are more
fully described in the Proxy Statement in connection with the Annual Meeting, filed with the Securities and Exchange Commission
(the “SEC”) on May 11, 2026 (the Proxy Statement”), as supplemented by the Supplement to Proxy Statement, filed with
the SEC on May 15, 2026 (the “Supplement”).
Proposal 1: To elect three directors
to serve as members of the board of directors until the 2027 annual meeting of stockholders and until their successors are elected and
qualified if Proposal 2 is approved or until the 2029 annual meeting of stockholders and until their successors are elected and qualified
if Proposal 2 is not approved.
Stockholders of the Company elected each of the
three nominees set forth in Proposal 1 at the Annual Meeting. The voting results were as follows:
Nominee
Votes For
Votes Withheld
Broker Non-Votes
Brian Long
61,624,637
37,342,598
58,245,810
David Moxam
77,922,261
21,044,974
58,245,810
Dipender Saluja
75,620,082
23,347,153
58,245,810
Proposal 2: To approve an amendment
to the Navitas Semiconductor Corporation Second Amended and Restated Certificate of Incorporation to declassify the board of directors,
as set forth in the form of Certificate of Amendment attached as Appendix A to the Proxy Statement, as supplemented by the Supplement, and
modify the terms of all elected directors, including the Class II directors elected at the annual meeting, to expire at the 2027
annual meeting of stockholders.
Stockholders of the Company did not approve Proposal
2 at the Annual Meeting. Notwithstanding the foregoing, Proposal 2 received a substantial majority of the votes actually cast at the Annual
Meeting. The voting results were as follows:
Votes For
Votes Against
Abstentions
Broker Non-Votes
96,981,859
1,661,077
324,299
58,245,810
Because Proposal 2 was not approved, the terms of each of the directors
elected in Proposal 1 will expire at the Company’s 2029 annual meeting of stockholders.
Proposal 3: To vote on an advisory
resolution to approve the Company’s executive compensation.
Stockholders of the Company approved Proposal
3 at the Annual Meeting. The voting results were as follows:
Votes For
Votes Against
Abstentions
Broker Non-Votes
61,355,926
18,050,372
19,560,937
58,245,810
Proposal 4: To ratify the appointment
of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Stockholders of the Company approved Proposal
4 at the Annual Meeting. The voting results were as follows:
Votes For
Votes Against
Abstentions
156,408,738
573,484
230,823
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NAVITAS SEMICONDUCTOR CORPORATION
Dated: June 26, 2026
By:
/s/ Chris Allexandre
Chris Allexandre
President and Chief Executive Officer
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