Navan has launched its IPO roadshow, targeting a $6.5 billion valuation and pricing shares between $24 and $26 ahead of its Nasdaq debut.
The company, an AI-powered business travel and expense management platform, is seeking to raise up to $960 million through a Nasdaq listing.
Navan Inc. has officially launched its initial public offering roadshow, marking a pivotal moment for the travel-tech sector as investor appetite for corporate software returns.
Author's summary: Navan launches IPO roadshow.