# 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.

- Type: Acquisition
- Announced: 2021-05-07
- Where: United States
- Value: $400.0M
- Status: announced
- Products: GaN power ICs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Navitas Semiconductor](https://endata.com/companies/28196.md)
- [Live Oak Acquisition Corp. II](https://endata.com/companies/54962.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1821769/000119312521154316/d306538dex991.htm), 2021-05-07: "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"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.