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.
This move signals renewed confidence in tech-enabled travel platforms following years of pandemic-driven disruption.
Navan Inc., the AI-powered business travel and expense management platform, has officially launched its initial public offering roadshow.
Author's summary: Navan launches IPO roadshow with $6.5 billion valuation goal.