Navan Announces Closing of Initial Public Offering

Core Viewpoint - Navan, Inc. has successfully closed its initial public offering (IPO), raising significant capital through the sale of Class A common stock at a price of $25.00 per share [1] Group 1: IPO Details - The IPO consisted of a total of 36,924,406 shares of Class A common stock [1] - Out of the total shares, 30,000,000 shares were sold by Navan, while 6,924,406 shares were sold by existing stockholders [1]