“We are at the right time, with the right technology and certainly the right team to accelerate the world’s transition from fossil fuels to clean, electrical energy. Let’s Go GaNFast!” | State

EL SEGUNDO, Calif. and MEMPHIS, Tenn., Oct. 19, 2021 /PRNewswire/ -- Navitas Semiconductor ("Navitas") (NASDAQ: NVTS), the industry leader in GaN power ICs, announced today the completion of its business combination with Live Oak Acquisition Corp. II ("Live Oak II") (NYSE: LOKB). Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating.