Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: The following table sets forth purchases of shares of our common stock by us during the quarterly period ended March 31, 2022.
−Removed: (a) (b) (c) (d)
−Removed: Total number of shares (or units) purchased
−Removed: Average price paid per share (or unit)
−Removed: Total number of shares (or units) purchased as part of publicly announced plans or programs
−Removed: Maximum number (or approximate dollar value) of shares (or units) that may yet be purchased under the plans or programs
−Removed: January 1-31, 2022 — — — —
−Removed: February 1-28, 2022 — — — —
−Removed: March 1-31, 2022 66,829 (1)
−Removed: Total 66,829 $8.23 — —
−Removed: (1) On March 11, 2022, we purchased 66,829 shares of our common stock from Todd Glickman, Senior Vice President, Interim Chief Financial Officer and Treasurer, for $8.23 per share or an aggregate purchase price of $550,003.
−Removed: For additional information, see the disclosure under “Purchase of Shares from Executive Officer” in Note 15 of the Consolidated Financial Statements in Item 1 of Part I of this report, and the Stock Repurchase Agreement with Mr.
−Removed: Glickman filed as Exhibit 10.5 to this report, each of which is incorporated by reference herein.
+Added: On June 10, 2022, in connection with the acquisition of VDDTECH srl, a private Belgian company (“VDDTech”), by Navitas Semiconductor Limited, our wholly owned subsidiary, we issued 414,207 shares of our common stock to the former shareholders of VDDTech.
+Added: Consideration for all of the capital stock of VDDTech consisted of 150,616 shares and approximately $791,000 in cash.
+Added: The shares were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, or Rule 506 thereunder.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.