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Navitas Semiconductor and Live Oak II Announce Additional PIPE Investment and Up to 2mm-Share Redemption Backstop In Connection With $1.04 Billion SPAC Business Combination

DUBLIN and MEMPHIS, Tenn., Aug. 23, 2021 /PRNewswire/ -- Navitas Semiconductor ("the Company" or "Navitas"), the industry leader in GaN power integrated circuits ("ICs"), and its partner Live Oak Acquisition Corp. II ("Live Oak II") (NYSE:LOKB), a publ