Navitas Semiconductor to go public via SPAC merger with Live Oak II

Navitas Semiconductor, a GaN power IC company, announced a definitive agreement to merge with Live Oak Acquisition Corp. II, valuing the combined entity at $1.4 billion. The deal raises approximately $400 million in capital, including a $145 million PIPE.

“Navitas Semiconductor, the Industry Leader in Gallium Nitride (GaN) Power ICs, to Go Public at an Enterprise Value of $1.04 Billion via Live Oak II SPAC Business Combination”sec.gov

• 1 source
• sec.govEX-99.1May 7, 2021

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