Navitas Semiconductor Files 8-K on Shareholder Vote and Exhibits
Ticker: NVTS · Form: 8-K · Filed: Jun 7, 2024 · CIK: 1821769
| Field | Detail |
|---|---|
| Company | Navitas Semiconductor CORP (NVTS) |
| Form Type | 8-K |
| Filed Date | Jun 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-action, financials, filing
TL;DR
Navitas filed an 8-K for shareholder votes and financials. Nothing major to see here.
AI Summary
On June 7, 2024, Navitas Semiconductor Corp. filed an 8-K report detailing the submission of matters to a vote of security holders. The filing also includes financial statements and exhibits. The company, incorporated in Delaware, is involved in the semiconductors and related devices industry.
Why It Matters
This filing indicates a formal process of shareholder engagement and the submission of important financial and operational documents for public record.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and financial information, not indicating any immediate operational or financial distress.
Key Numbers
- 001-39755 — SEC File Number (Identifies the company's filing with the SEC.)
- 85-2560226 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Navitas Semiconductor Corp. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- June 7, 2024 (date) — Date of report
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote, but the specific details of these matters are not elaborated upon in the provided text.
What are the key financial statements included in this filing?
The filing states that financial statements are included, but the specific content or nature of these statements is not detailed in the provided excerpt.
When was Navitas Semiconductor Corp. incorporated?
Navitas Semiconductor Corp. was incorporated in Delaware.
What is the primary business of Navitas Semiconductor Corp. according to the SIC code?
According to the Standard Industrial Classification (SIC) code 3674, the company is involved in 'SEMICONDUCTORS & RELATED DEVICES'.
What is the address of Navitas Semiconductor Corp.'s principal executive offices?
The address of the principal executive offices is 3520 Challenger Street, Torrance, California 90503-1640.
Filing Stats: 642 words · 3 min read · ~2 pages · Grade level 12.3 · Accepted 2024-06-07 16:33:28
Key Financial Figures
- $0.0001 — tered Class A Common Stock, par value $0.0001 per share NVTS The Nasdaq Stock Market
Filing Documents
- i-20240607.htm (8-K) — 46KB
- i-20240607_g1.jpg (GRAPHIC) — 106KB
- 0001821769-24-000074.txt ( ) — 456KB
- i-20240607.xsd (EX-101.SCH) — 2KB
- i-20240607_def.xml (EX-101.DEF) — 13KB
- i-20240607_lab.xml (EX-101.LAB) — 23KB
- i-20240607_pre.xml (EX-101.PRE) — 14KB
- i-20240607_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. At our 2024 annual stockholders' meeting on June 7, 2024, stockholders approved the four proposals set forth below. Each proposal is described in more detail in our definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on April 26, 2024. The number of votes for, against, withheld or abstaining, and the number of broker non-votes, as applicable to each proposal, are set forth below. Proposal No. 1: To elect two Class III directors to the board of directors for terms expiring at the 2027 annual stockholders' meeting and until their respective successors are elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Richard J. Hendrix 96,939,825 3,120,441 40,169,926 Gary K. Wunderlich, Jr. 74,194,211 25,866,055 40,169,926 Proposal No. 2: To authorize a resolution approving, on an advisory basis, the compensation of our named executive officers as disclosed in the summary compensation table and the related narrative discussion in our 2024 proxy statement. Votes For Votes Against Abstentions Broker Non-Votes 96,268,610 2,653,244 1,138,412 40,169,926 Proposal No. 3: To recommend, on an advisory basis, the preferred frequency of future advisory votes on the executive compensation of our named executive officers, as among a frequency of once every year, once every two years or once every three years. One Year Two Years Three Years Abstentions Broker Non-Votes 98,122,676 96,448 1,262,356 578,786 40,169,926 Proposal No. 4: To ratify, on an advisory basis, the appointment of Moss Adams LLP as the Company's registered independent public accounting firm for the year ending December 31, 2024. Votes For Votes Against Abstentions 137,587,983 1,104,732 1,537,477
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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 7, 2024 By: /s/ Gene Sheridan Gene Sheridan President and Chief Executive Officer