Core Insights - Bragar Eagel & Squire, P.C. is investigating potential claims against Navan, Inc. for possible violations of federal securities laws and unlawful business practices [2][3] Company Overview - Navan, Inc. conducted its initial public offering on October 30, 2025, selling approximately 36.9 million shares at $25.00 per share [7] - The company reported a GAAP loss from operations of $79 million for the third quarter of fiscal 2026, compared to a loss of $19 million in the same period the previous year [7] - Navan's GAAP operating margin was reported at -41%, a significant decline from -13% in the same period last year [7] Management Changes - The CFO of Navan stepped down effective immediately, just six weeks after the IPO, and was provided with accelerated vesting of 100% of unvested restricted stock units and stock options, along with a cash payment of $3.7 million [7] Market Reaction - Following the announcement of the CFO's departure and the financial results, Navan's stock price fell by $1.74, or 11.9%, closing at $12.90 per share on December 16, 2025, impacting investors negatively [7]
NAVAN ALERT: Bragar Eagel & Squire, P.C. is Investigating Navan, Inc. on Behalf of Navan Stockholders and Encourages Investors to Contact the Firm