Navitas Semiconductor Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On June 25, 2026, Navitas Semiconductor Corporation (the “Company”) held its 2026 annual meeting of stockholders (the “Annual Meeting”). A total of 233,713,166 shares of the Company’s Class A common stock, par value of $0.0001 per share (“Class A common stock”) were eligible to vote at the Annual Meeting. There were 157,213,045 shares of Class A common stock represented at the Annual Meeting by valid proxies or voted at the meeting, which constituted a quorum. Set forth below are the proposals voted upon at the Annual Meeting, which are more fully described in the Proxy Statement in connection with the Annual Meeting, filed with the Securities and Exchange Commission (the “SEC”) on May 11, 2026 (the Proxy Statement”), as supplemented by the Supplement to Proxy Statement, filed with the SEC on May 15, 2026 (the “Supplement”).
Proposal 1: To elect three directors to serve as members of the board of directors until the 2027 annual meeting of stockholders and until their successors are elected and qualified if Proposal 2 is approved or until the 2029 annual meeting of stockholders and until their successors are elected and qualified if Proposal 2 is not approved.
Stockholders of the Company elected each of the three nominees set forth in Proposal 1 at the Annual Meeting. The voting results were as follows:
| Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||
| Brian Long | 61,624,637 | 37,342,598 | 58,245,810 | |||
| David Moxam | 77,922,261 | 21,044,974 | 58,245,810 | |||
| Dipender Saluja | 75,620,082 | 23,347,153 | 58,245,810 |
Proposal 2: To approve an amendment to the Navitas Semiconductor Corporation Second Amended and Restated Certificate of Incorporation to declassify the board of directors, as set forth in the form of Certificate of Amendment attached as Appendix A to the Proxy Statement, as supplemented by the Supplement, and modify the terms of all elected directors, including the Class II directors elected at the annual meeting, to expire at the 2027 annual meeting of stockholders.
Stockholders of the Company did not approve Proposal 2 at the Annual Meeting. Notwithstanding the foregoing, Proposal 2 received a substantial majority of the votes actually cast at the Annual Meeting. The voting results were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 96,981,859 | 1,661,077 | 324,299 | 58,245,810 |
Because Proposal 2 was not approved, the terms of each of the directors elected in Proposal 1 will expire at the Company’s 2029 annual meeting of stockholders.
Proposal 3: To vote on an advisory resolution to approve the Company’s executive compensation.
Stockholders of the Company approved Proposal 3 at the Annual Meeting. The voting results were as follows:
| Votes For | Votes Against | Abstentions | Broker Non-Votes | |||
| 61,355,926 | 18,050,372 | 19,560,937 | 58,245,810 |
Proposal 4: To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Stockholders of the Company approved Proposal 4 at the Annual Meeting. The voting results were as follows:
| Votes For | Votes Against | Abstentions | ||
| 156,408,738 | 573,484 | 230,823 |
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 26, 2026 | |||
| By: | /s/ Chris Allexandre | ||
| Chris Allexandre | |||
| President and Chief Executive Officer | |||