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Navitas Semiconductor to go public via Live Oak Acquisition combination, EV of $1.4B

  • Navitas Semiconductor, an industry leader in GaN Power ICs, to combine with Live Oak Acquisition (LOKB -1.0%) a publicly-traded special purpose acquisition company.
  • The transaction values the combined entity at a pro forma equity value of $1.4B and will result in Navitas becoming

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Navitas Semiconductor Corporation