Groowe Groowe BETA / Newsroom
⏱ News is delayed by 15 minutes. Sign in for real-time access. Sign in

Form 8-K

sec.gov

8-K — Navitas Semiconductor Corp

Accession: 0001104659-26-042619

Filed: 2026-04-13

Period: 2026-04-07

CIK: 0001821769

SIC: 3674 (SEMICONDUCTORS & RELATED DEVICES)

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Financial Statements and Exhibits

Documents

8-K — tm2611717d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2611717d1_ex99-1.htm)

GRAPHIC (tm2611717d1_8kimg001.jpg)

GRAPHIC (tm2611717d1_ex99-1img001.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — FORM 8-K

8-K (Primary)

Filename: tm2611717d1_8k.htm · Sequence: 1

false

0001821769

0001821769

2026-04-07

2026-04-07

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

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):

April 7, 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 5.02. Departure of Directors or Certain Officers; Election

of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 7, 2026, the Board of Directors (the

“Board”) of Navitas Semiconductor Corporation (the “Company”) expanded the size of the Board from

eight to ten members and designated the two newly created director positions as Class III directors. On the same date, the Board appointed

Gregory M. Fischer to serve as a Class III director, effective immediately to hold office until the expiration of his term at the Company’s

2027 annual meeting of stockholders.

In connection with his appointment to the Board,

Mr. Fischer was also appointed to serve as a member of the Compensation Committee and the Executive Steering Committee of the Board.

Mr. Fischer will participate in the Company’s

standard non-employee director compensation arrangements. Under the terms of those arrangements, he will receive a pro-rata portion of

each of an annual retainer of $45,000 for his service on the Board, $7,500 for his service on the compensation committee of the Board,

$7,500 for his service on the executive steering committee of the Board, and an initial grant of 22,048 restricted stock units that vest

in full immediately prior to the director election at the subsequent annual stockholders meeting, subject to the director’s continued

service on the Board at that time.

There are no arrangements or understandings between

Mr. Fischer and any other person pursuant to which Mr. Fischer was selected as a director. Mr. Fischer is not a party to any transaction

requiring disclosure under Item 404(a) of Regulation S-K.

A copy of the press release announcing the appointment

of Mr. Fischer to the Board is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Number

Description

99.1

Press Release dated April 13, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

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: April 13, 2026

By:

/s/ Chris Allexandre

Chris Allexandre

President and Chief Executive Officer

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2611717d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

Navitas Semiconductor Appoints Gregory M. Fischer

as Independent Director to its Board

Ex-Broadcom Executive Brings Over 40 Years

of Semiconductor Technology and Business Leadership Experience to Navitas’ Board as Part of Strategic Transformation to High-Power

Markets

TORRANCE,

Calif., April 13, 2026 – Navitas Semiconductor, (Nasdaq: NVTS), an industry leader in next-generation GaNFast™

gallium nitride (GaN) and GeneSiC™ silicon carbide (SiC) power semiconductors, today announced the appointment of semiconductor

veteran, Gregory M. Fischer, to its Board effective immediately. Fischer brings extensive semiconductor operating experience to the Board

and will stand for reelection in 2027 as a Class III director. He will serve on the Compensation and Executive Steering committees.

”I am pleased to welcome Greg to the Navitas

board of directors. Navitas has made great strides over the last year toward our mission of being the leader in high power semiconductors.

Greg is joining at a pivotal time for Navitas and adding his talent and experience to our current board is an important step in ensuring

that Chris and our full management team have the support and access to key insights required for success in this highly competitive, fast

moving market,” said Richard Hendrix, Chairman of the Board of Navitas.

Commenting on his appointment, Greg Fischer said,

"I am thrilled to join Navitas’ board of directors to support the Company’s transformation and rapid growth as it capitalizes

on the AI revolution. I believe my extensive background in governance and industry leadership will further strengthen Navitas’ foundation

as we scale leading-edge GaN and high-voltage SiC technologies to high-power markets. It is an exciting time to be a part of this

exceptional team and the pivot to Navitas 2.0 as the Company leads the next generation of power semiconductors."

Fischer has served more than 40 years in the technology

industry at leading, publicly-traded semiconductor companies, currently serving as an independent director of Semtech Corporation and

previously as senior vice president and general manager at Broadcom Inc. Prior to joining Broadcom, Fischer served in leadership roles

at Conexant Systems Inc., Rockwell International Corporation, and Rockwell Collins Avionics Co. Since December 2021, he has been

an independent advisor to Gerson Lehrman Group, a professional services firm, and AlphaSights Ltd., an information services company specializing

in connecting clients with experts. Fischer also serves on the advisory board of Syntiant Corp., an edge-AI neural processor and modeling

company. Fischer earned a B.S. in Electrical Engineering from the Milwaukee School of Engineering and an M.B.A. from the University of

Iowa.

About Navitas

Navitas

Semiconductor (Nasdaq: NVTS) is a next-generation power semiconductor leader in gallium

nitride (GaN) and IC integrated devices, and high-voltage silicon carbide (SiC) technology, driving innovation across AI data centers,

energy and grid infrastructure, performance computing and industrial electrification. With more than 30 years of combined expertise in

wide bandgap technologies, GaNFast™ power ICs integrate GaN power, drive, control, sensing, and protection, delivering faster

power delivery, higher system density, and greater efficiency. GeneSiC™  high-voltage SiC devices leverage patented

trench-assisted planar technology to provide industry-leading voltage capability, efficiency, and reliability for medium-voltage

grid and infrastructure applications. Navitas has over 300 patents issued or pending and is the world’s first semiconductor company

to be CarbonNeutral®-certified.

Navitas

Semiconductor, GaNFast, GaNSense, GeneSiC, and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor Limited

and affiliates. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products

or services of their respective owners.

Investor Relations Contacts:

Shelton Group

Leanne Sievers | Brett Perry

nvts-ir@sheltongroup.com

Cautionary Statement Regarding Forward-Looking Statements

This press release includes “forward-looking

statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements

are attempts to predict or indicate future events or trends or similar statements that are not a reflection of historical fact. Forward-looking

statements may be identified by the use of words such as “we expect” or “are expected to be,” “estimate,”

“plan,” “project,” “forecast,” “intend,” “anticipate,” “believe,”

“seek,” or other similar expressions. Forward-looking statements are based on current expectations of the management of Navitas

and are not predictions of actual future performance. Our businesses are subject to certain risks that could materially and adversely

affect our respective business, financial condition, results of operations, or the value of our securities. You are encouraged to review

these and other risk factors set forth in the Risk Factors section of our most recent annual report on Form 10-K, as updated in our

most recent quarterly report on Form 10-Q, and in other documents we file with the SEC.

###

GRAPHIC

GRAPHIC

Filename: tm2611717d1_8kimg001.jpg · Sequence: 6

Binary file (8718 bytes)

Download tm2611717d1_8kimg001.jpg

GRAPHIC

GRAPHIC

Filename: tm2611717d1_ex99-1img001.jpg · Sequence: 7

Binary file (215203 bytes)

Download tm2611717d1_ex99-1img001.jpg

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 9

v3.26.1

Cover

Apr. 07, 2026

Cover [Abstract]

Document Type

8-K

Amendment Flag

false

Document Period End Date

Apr. 07, 2026

Entity File Number

001-39755

Entity Registrant Name

Navitas Semiconductor Corporation

Entity Central Index Key

0001821769

Entity Tax Identification Number

85-2560226

Entity Incorporation, State or Country Code

DE

Entity Address, Address Line One

3520 Challenger Street

Entity Address, City or Town

Torrance

Entity Address, State or Province

CA

Entity Address, Postal Zip Code

90503-1640

City Area Code

844

Local Phone Number

654-2642

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Title of 12(b) Security

Class A Common Stock, par value $0.0001 per share

Trading Symbol

NVTS

Security Exchange Name

NASDAQ

Entity Emerging Growth Company

false

X

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Cover page.

+ References

No definition available.

+ Details

Name:

dei_CoverAbstract

Namespace Prefix:

dei_

Data Type:

xbrli:stringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

na

Period Type:

duration

X

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

na

Period Type:

duration

X

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

na

Period Type:

duration