 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 publicly-traded special-purpose acquisition company, provided certain updates related to their proposed business combination, which values the combined entity at a pro forma equity value of 1.04 billion. 