MarketPR
Navitas Semiconductor (NVTS) has entered a definitive agreement to purchase 1,461,988 shares of Magnachip Semiconductor common stock for a total of $5,000,000.
The transaction, filed via an 8-K on September 18, 2026, sets a closing date of approximately September 24, 2026.
This move signals a direct capital deployment into a peer's equity, a step that changes the balance sheet structure for the Torrance, California-based firm.
The Deal Mechanics The Stock Purchase Agreement was signed on September 19, 2026, with Navitas as the buyer and Magnachip as the seller.
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