BlackRock, Inc. Increases Position in Navitas Semiconductor Corp to 6.7%

On April 24, 2026, BlackRock, Inc. filed a Schedule 13G/A with the SEC, reporting a significant increase in its stake in Navitas Semiconductor Corp (NVTS). As of the event date on March 31, 2026, BlackRock beneficially owns 15,364,841 shares of common stock, representing a 6.7% ownership stake in the company. This is a substantial increase from a previous reported position of zero shares. BlackRock holds sole dispositive power over all 15,364,841 shares and sole voting power over 15,070,739 shares. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. Various subsidiaries of BlackRock are involved in the holding, though no individual person's interest exceeds 5% of the total outstanding common shares. The filing was signed by Spencer Fleming, Managing Director at BlackRock, Inc.