Navitas launches $125M at-the-market stock offering through Craig-Hallum and UBS

Filed May 11, 2026 · Period ending May 11, 2026 · ~1 min read

Key Changes

• high

  Navitas established an at-the-market equity program to sell up to $125 million of Class A common stock over time at prevailing market prices. The company has no obligation to sell shares and can suspend the program anytime, providing flexible capital access.

  Item 1.01 verify on EDGAR →
• medium

  Sales will be executed through Craig-Hallum and UBS Securities acting as agents, who will receive up to 3% of gross proceeds as compensation. The company will net approximately 97% of any sale proceeds under standard ATM fee structures.

  Item 1.01 verify on EDGAR →
• medium

  The offering operates under a newly effective shelf registration statement (Form S-3ASR) filed May 11, 2026, which allows immediate access to capital markets without additional SEC review delays.

  Item 1.01 verify on EDGAR →