NEW YORK, NY / ACCESSWIRE / September 17, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 16, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 13, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 12, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 12, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 10, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 9, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 6, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who own Navitas Semiconductor Inc. ("NVTS" or the "Company") (NASDAQ:NVTS) stock purchased prior to October 9, 2021. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the acquisition of the company, then known as Live Oak Acquisition Corp. II (LOKB), and whether the Board of NVTS harmed stockholders, and whether all material facts had been properly disclosed to stockholders.
Point72 has been steadily increasing its stake in Navitas Semiconductor. Navitas is a leader in gallium nitride (GaN) power integrated circuits.
With its stock down 61% YTD, I believe Navitas is a bargain in light of its rich customer pipeline which it will start tapping into next year. Navitas' revenues appear to have bottomed out considering the seasonality of its business and design wins. Navitas' advanced technology, especially its data center offering, could help it return to its meteoric growth in the coming years.
Navitas Semiconductor Corporation NVTS reported mixed results for the second quarter on Monday.