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Navitas Semiconductor Corp IPO

Completed

Navitas Semiconductor Corp completed its initial public offering on NYSE on December 3, 2020, pricing at $10.00 a share.

TickerLOKBU
ExchangeNYSE
StatusCompleted
Listing dateDecember 3, 2020
Offering price$10.00
Shares offered22,000,000
Total raised$220M

The offering

Navitas Semiconductor Corp sold 22,000,000 shares at $10.00 each on NYSE. Multiplied out, that is $220 million in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $220 million total recorded for the deal.

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Source: SEC EDGAR filings for Navitas Semiconductor Corp. This page is general information, not investment advice.