Dr. Ranbir Singh Reports 8.1% Stake in Navitas Semiconductor and Signals Potential Proxy Contest

Dr. Ranbir Singh filed a Schedule 13D/A regarding his holdings in Navitas Semiconductor Corp (NVTS). As of the filing date, Dr. Singh beneficially owns 18,645,603 shares, representing an 8.1% stake. This follows a private transaction on July 28, 2025, where 18,645,603 shares were transferred from SiCPower, LLC to Dr. Singh. Consequently, SiCPower no longer holds any securities and has ceased to be a reporting person. The filing highlights significant activist intent. Dr. Singh, a current board member, expressed serious concerns to the Chairman regarding excessively long board tenures, lack of alignment due to share sales by other directors, and dilutive capital raises. He has called for a board refresh, specifically targeting three Class II directors whose terms are expiring. Dr. Singh stated that if the board does not engage meaningfully to address these issues, he intends to nominate at least two candidates for election at the upcoming annual meeting. He remains open to constructive dialogue but is prepared for a proxy contest to ensure fresh perspectives and relevant expertise on the board.