Transphorm Inc (TGAN) Quote

https://www.renesas.com/us/en/about/press-center/news-search?news_type=press_release

https://en.wikipedia.org/wiki/Renesas_Electronics

Industry Semiconductor
Predecessor NEC Electronics, Renesas Technology (chip units of Hitachi and Mitsubishi)
Founded November 1, 2002; 21 years ago as Renesas Technology
April 1, 2010; 13 years ago as Renesas Electronics
Headquarters Tokyo
, Japan
Key people
Hidetoshi Shibata (Representative Director, President and CEO)[1]
Products Semiconductors
Revenue Increase ¥1,500.9 billion (2022)[2]
Operating income
Increase ¥424.1 billion (2022)[2]
Net income
Increase ¥256.6 billion (2022)[2]
Total assets Increase ¥2.81 trillion (2022)[2]
Total equity Increase ¥1.54 trillion (2022)[2]
Number of employees
21,017 (as of December 31, 2022)[3]

Stock price: RNECY (OTCMKTS) $8.02 -0.10 (-1.23%)
Mar 14, 2:03?PM EDT - Disclaimer
Subsidiaries: Intersil, Integrated Device Technology, MORE
CEO: Hidetoshi Shibata (Jul 2019–)
Revenue: 1.501 trillion JPY (2022)
Headquarters: Koto City, Tokyo, Japan
President: Hidetoshi Shibata
Founded: November 1, 2002
Predecessor: NEC Electronics, Renesas Technology (chip units of Hitachi and Mitsubishi)

Renesas to Acquire Transphorm to Expand its Power Portfolio with GaN Technology

January 11, 2024
https://ir.transphormusa.com/news-releases/news-release-details/renesas-acquire-transphorm-expand-its-power-portfolio-gan

TGAN////MONSTER IN THE MAKING

Trading on Nasdaq is expected to commence at the market open on February 22, 2022, and the shares will continue to trade under the ticker symbol "TGAN". The Company's shares will continue to trade on the OTCQX until trading on Nasdaq commences. Stockholders are not required to take any action as a result of the uplisting.

TGAN moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions

Transphorm GaN: Revolutionizing Electric Vehicles

88 views
Mar 1, 2021

Yeah saw that, to da moon...lol

Transphorm Announces the Close of JV Transaction for Acquisition of AFSW Wafer-Fab

08/02/2021
https://www.otcmarkets.com/stock/TGAN/news/Transphorm-Announces-the-Close-of-JV-Transaction-for-Acquisition-of-AFSW-Wafer-Fab?id=314201

Added long.

Maybe some good news coming. Nice bounce and volume.

Transphorm Co-Founder, President and COO Primit Parikh Scheduled to Appear on Fox Business Network’s The Claman Countdown Today Around 3:30 pm EDT

GOLETA, Calif.--(BUSINESS WIRE)-- Transphorm, Inc. (OTCQB: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products, announced today its co-founder & COO, Primit Parikh, Ph.D., is scheduled to be a guest on the Fox Business Network’s show, The Claman Countdown today around 3:30 pm EDT.

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1845918

No, was wondering the same.

Does anyone have any idea what the 400,000 plus shares traded on 3-18-21 were about?

Transphorm’s GaN Products Meet Crypto Mining Power Supply Units Performance Requirements

High Reliability, High Performance, and Robust Packaging Underscore Company’s Value for Crypto Mining Application

GOLETA, Calif.--(BUSINESS WIRE)-- Transphorm, Inc. (OTCQB: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products, announced today that its device portfolio is optimally designed and proven to support the growing demand for high performing power supply units (PSUs) driving the mining of cryptocurrencies such as Bitcoin.

The Company’s GaN FETs are proven to reliably perform under harsh environments with high efficiency in various power applications, thereby minimizing wasted electricity. Transphorm is the only high voltage GaN supplier to date to publicly announce a customer’s products currently in production are known to be used for crypto mining purposes.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210304005483/en/

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1829203

Transphorm Appoints Katharina McFarland to Board of Directors

GOLETA, Calif.--(BUSINESS WIRE)-- Transphorm, Inc. (“Transphorm” or the “Company”) (OTCQB: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products—today announced the appointment of Katharina McFarland to the Company’s Board of Directors, effective February 23, 2021.

With over 30 years of government service, McFarland is widely recognized as a leading subject-matter expert on government acquisition, program management and procurement. She is currently the president of Blue Oryx Inc., a consulting services firm. Previously, McFarland served as the Assistant Secretary of Defense for Acquisition and Acting Assistant Secretary of the Army for Acquisitions, Logistics & Technology as the Army’s Service Acquisition Executive and Chief Science Advisor. Prior to her political appointments, McFarland held roles as the President of the Defense Acquisition University, and the Director for Acquisition at the Missile Defense Agency. McFarland currently serves as a director on the board of Science Applications International Corporation (NYSE: SAIC), which had acquired Engility Holdings, Inc., where she previously served as a director. McFarland holds a Bachelor of Science degree in engineering from Queen’s University, a master’s degree in program management from the Program Management Institute, and an honorary doctoral degree in engineering from Cranfield University.

“Katharina is a highly respected expert in her field, and we are pleased to welcome her as a new independent director,” stated Mario Rivas, Transphorm’s Chief Executive Officer. “Her unique and extensive experience in government service and procurement brings a new and informed perspective, which is highly relevant to our current and prospective GaN business with the DoD and other government agencies, while also serving to expand the depth and expertise of our Board. This appointment also demonstrates our commitment to board diversification in order to further strengthen the breadth, talent and background of our directors. I look forward to Katharina’s valuable contributions to Transphorm as we continue to execute on our strategic growth plan.”

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1820025

Nice bump in volume and PPS today.

Keysight and Transphorm Create Power Supply Reference Design That Lowers Product Costs; Speeds Time to Market

Enables engineers to simulate and optimize SMPS designs before building hardware

SANTA ROSA, Calif.--(BUSINESS WIRE)-- Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, and Transphorm, Inc. (OTCQB: TGAN), a global supplier of high reliability, high performance gallium nitride (GaN) power conversion products, have announced the availability of a new power supply reference design that enables engineers to identify and correct design errors before building hardware, thereby lowering product costs and speeding time to market.

Switched-mode power supplies provide greater efficiency, increased power density and lower overall system costs when using GaN devices. However, GaN, a high switching speed, high performance wide bandgap semiconductor, can produce voltage spikes that result in detrimental radiated electromagnetic interference. As a result, optimized layout design and placement of components before building hardware is critical when using GaN.

The new power supply reference design (download user guide here), available with Keysight’s PathWave Advanced Design System, is a virtual prototype based on Transphorm’s 4 kW high efficiency single-phase AC-DC conversion evaluation board. It consists of the component and board models needed for engineers to visualize and optimize the time and frequency domains’ behavior of voltages, currents and electromagnetic fields.

"The need for switch-mode power supplies is driving rapid adoption of wide bandgap semiconductors," said Tom Lillig, general manager of Keysight’s PathWave Software Solutions division. “The new reference design of Transphorm’s high voltage GaN solution will speed time to market of this technology, which is changing how the world powers electronic products."

Keysight’s PathWave ADS software provides pre-compliance analysis via a virtual prototype that ensures the intended design configuration performs as intended, eliminating the need to build a virtual workspace. Virtual prototypes are complementary to physical prototypes, which are the gold standard for compliance and measured characteristics. However, they can also be expensive and present physical challenges to certain in-house test and measurement protocols. Virtual prototypes are easy to change and can flag device overstress as warning messages during simulation. The voltage, current and fields can be monitored and corrected at every time step in the simulation. All data is available for analysis including inside a semiconductor package.

"Transphorm looks for partnerships that help our customers close skill gaps, increase design simplicity and reduce time to market,” said Philip Zuk, vice president of Worldwide Technical Marketing and North American Sales, Transphorm. “With proper modeling, analysis of any design type prior to physical prototyping is a useful resource. Teaming with Keysight enables us to bring our 4 kW AC-DC power conversion board into a virtual design environment that will be advantageous to product designers.”

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1807809

Bel Power Solutions and Transphorm Announce Family of Titanium Efficiency AC to DC Power Supplies

1.5 to 3.2 kW TET Series Respond to Ramping Opportunity for GaN-based Data Center Power Supplies

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1787375

Transphorm Announces Closing of $15 Million Private Placement of Common Stock

Positioned to Capitalize on Significant Market Opportunities and Growing Adoption of GaN Power Conversion Devices

GOLETA, Calif.--(BUSINESS WIRE)-- Transphorm, Inc. (OTCQB: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products—today announced the closing of a common stock only private placement of 5,000,000 shares at a price of $3.00 per share, resulting in gross proceeds to Transphorm of $15.0 million, before deducting placement agent commissions, financial advisor fees and other offering expenses.

“We are very pleased with the strong support from the financial community for Transphorm’s vision and the representative growth opportunities for our high-voltage GaN power devices,” stated Mario Rivas, Chief Executive Officer. “In addition to strengthening Transphorm’s overall financial position, completion of this funding enables us to aggressively ramp production in support of secured design-ins for fast charging power adapter applications, while simultaneously expanding the sampling and qualification of our Gen IV and Gen V SuperGaN® products for EV automotive applications. Entering 2021, we are well positioned to benefit from industry megatrends, such as 5G communications and vehicle electrification, due to the increasing demand for high reliability, high performance GaN power conversion devices that can deliver the features and functionality required by a growing cross-section of strategic partners and customers.”

Transphorm intends to utilize the net proceeds to scale volume shipments of GaN products for the fast charging power adapter, server, communication and gaming power supply markets as well as converters/inverters for industrial and renewable applications, expanded sampling and qualification in EV automotive applications, growth of its epi wafer business, as well as working capital to support general operations.

The securities sold in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state or other jurisdiction’s securities laws, and may not be resold absent registration under, or exemption from registration under, the Securities Act. Transphorm has agreed to file a registration statement with the Securities and Exchange Commission registering the resale of the shares of common stock issued and sold in the private placement within 30 days of the closing of the private placement.

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1773511

Transphorm Announces Pricing of $15 Million Private Placement of Common Stock

GOLETA, Calif.--(BUSINESS WIRE)-- Transphorm, Inc. (OTCQB: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products—today announced the pricing of a private placement of 5,000,000 shares of its common stock at a price of $3.00 per share, for expected gross proceeds to Transphorm of $15.0 million, before deducting placement agent commissions, financial advisor fees and other offering expenses.

The closing of the private placement is expected to occur on or about December 22, 2020, subject to the satisfaction of customary closing conditions. Transphorm intends to utilize the net proceeds to scale the continued ramp of new design-ins and volume shipments of GaN products for the fast charging power adapter, server, power supply and other markets, expanded sampling and qualification of products for EV automotive applications, growth of its epi wafer business as well as working capital to support general operations.

The securities to be sold in the private placement have not been registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state or other jurisdiction’s securities laws, and may not be resold absent registration under, or exemption from registration under, the Securities Act. Transphorm has agreed to file a registration statement with the Securities and Exchange Commission registering the resale of the shares of common stock to be issued and sold in the private placement within 30 days of the closing of the private placement.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

Loop Capital Markets LLC and Spartan Capital Securities, LLC acted as placement agents for the private placement. B. Riley Securities, Inc. and Craig-Hallum Capital Group LLC acted as financial advisors for the private placement.

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1772202

Transphorm Announces $4 Million Multi-Year Development Agreement with Yaskawa Electric

GOLETA, Calif.--(BUSINESS WIRE)-- Transphorm, Inc. (OTCQB: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products—today announced the Company entered into an expanded, multi-year cooperation and development agreement with its long-term strategic partner, Yaskawa Electric Corporation (“Yaskawa”), the leading manufacturer of low and medium voltage variable frequency drives, servo motors, machine controllers and industrial robots. As part of the agreement, Yaskawa will make investments in Transphorm totaling $4 million, with the first tranche of $1 million to be provided by mid-December 2020. This agreement is an expansion of the next phase of cooperation initiated in 2017 with Yaskawa’s investment of $15 million in Transphorm.

Yaskawa intends to use Transphorm’s leading GaN power device products for a variety of industrial power conversion applications commencing with servo motor and variable frequency drive applications. Power device development activity by Transphorm under this agreement will benefit Yaskawa by enhancing its next generation of products in the mentioned applications.

“Transphorm greatly values its long-term relationship with Yaskawa as it has helped to advance the development of Transphorm’s GaN FET platforms, resulting in high performance power devices for industrial and motor control applications as well as other focused markets,” stated Umesh Mishra, Co-founder and CTO, Transphorm. “The device development under this contract will further enhance the specifications of Transphorm’s products, while maintaining our best-in-class quality and reliability. These enhanced product features will make our new GaN products appealing for servo drives for robotics and motion control as well as a broader range of industrial and white goods applications.”

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1765267

Transphorm’s SuperGaN Gen V FET Delivers World’s Lowest Packaged On-resistance, Targeting Electric Vehicle Applications

Transphorm and Strategic Partner Marelli Positioned to Penetrate Rapidly Growing EV Power Conversion Market

https://www.otcmarkets.com/stock/TGAN/news/Transphorms-SuperGaN-Gen-V-FET-Delivers-Worlds-Lowest-Packaged-On-resistance-Targeting-Electric-Vehicle-Applications?id=282119

Transphorm Releases Latest High Voltage GaN Reliability Data

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1727812

Yeah, me too.

Nice to see more volume. I'm holding steady...

Transphorm Releases 4 kW Analog-controlled Bridgeless Totem-pole GaN Evaluation Board

https://www.otcmarkets.com/stock/TGAN/news/Transphorm-Releases-4-kW-Analog-controlled-Bridgeless-Totem-pole-GaN-Evaluation-Board?id=272643

Transphorm to Host Business Update Call and Webcast on August 25, 2020

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1676454

Good news. I picked some up yesterday as well.

Good to see news. I added some shares yesterday. Waiting patiently.

Transphorm’s Second 900 V GaN FET is Now in Production

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1673063

I picked up more at $9 today. Hoping it goes back over $20 soon, but it is very thin and unpredictable.

Transphorm Reports Second Quarter 2020 Results

https://www.businesswire.com/news/home/20200811005810/en/

Wow congrats guys nice ....

What a ride.

Well, briefly anyway.

L2 showing $39x40. Wow.

Congrats and good luck getting filled.

I have a few shares, and am bid-sitting for more, but it is very hard to get filled.

Just plain crazy.

Bid at $23. No volume yet.

Thanks, saw that. They are looking good.

Here's good background info on Transphorm, Inc:

https://finance.yahoo.com/news/transphorm-inc-raises-21-million-130000226.html

Nice! Looking good.

15 x 20 now after few 10s hit.

$8x$10 showing on L2 now. A bit of volume could get things moving quickly.

TGAN tier change to OTCQB, company is moving fast IMO.

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1659523

TGAN moves on air. $10 on the Ask now.