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Navitas Semiconductor ("the Company" or "Navitas"), the industry leader in GaN Power ICs, and Live Oak Acquisition Corp. II (NYSE:LOKB) ("Live Oak II" or "LOKB"), a blank check company, today announced that Live Oak II has filed with the U.S. Securities and Exchange Commission ("SEC") a registration statement on Form S-4 (the "Registration Statement"), which contains a preliminary proxy statement/prospectus, in connection with the proposed business combination between Live Oak II and Navitas announced on May 7, 2021. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Navitas, Live Oak II, and the proposed business combination.
Navitas Semiconductor: the Industry Leader in Gallium Nitride (GaN) Power ICs.
Live Oak's Class A common stock is currently traded on NYSE under the tickers "LOKB," "LOKB.U," and LOKB WS," respectively. In connection with the closing of the transaction, Live Oak's Class A common stock will be listed under the new ticker symbol "NVTS". Completion of the transaction, which is expected in the third quarter of 2021, is subject to approval by Navitas' and Live Oak's respective stockholders, the Registration Statement being declared effective by the SEC and other customary closing conditions.
A link to the filing is available under the "SEC Filings" section of the Navitas website at www.navitassemi.com/sec-filings/ . The filing can also be viewed on the SEC's website at www.sec.gov.
Posted In: LOKB
