NAVN News
Archived Headlines
- Corporate travel software provider Navan sets terms for a $923 million IPO 10/10/25
- StubHub founder's 100-to-1 super-voting rights signal the return of dual class shares in the IPO market 09/25/25
- US IPO Weekly Recap: Large listings continue to draw interest in 6 IPO week, as pipeline grows 09/19/25
- Corporate travel software provider Navan files for an estimated $800 million IPO 09/19/25
Renaissance Capital's October IPO Market Update
The long-awaited IPO pickup lost some of its steam in October, as the US government shutdown disrupted timelines and delayed deal activity. Twenty-two IPOs raised a combined $3.2 billion, in line with the 10-year historical average by deal count (21) but well...read more
US IPO Weekly Recap: Navan slips, and Medline joins the pipeline to close out October
Three sizable IPOs and four SPACs debuted this week to wrap up October. Three IPOs submitted initial filings. Corporate travel software provider Navan (NAVN) priced its IPO at the midpoint to raise $923 million at a $6.9 billion market cap. The company...read more
Corporate travel software provider Navan prices IPO at $25 midpoint
Navan, which provides software for corporate travel and expense management, raised $923 million by offering 36.9 million shares (19% secondary) at $25, the midpoint of the range of $24 to $26. At pricing, Navan commands a market cap of $6.9 billion. Formerly...read more
US IPO Week Ahead: First major post-shutdown launches set to IPO
Two sizable IPOs are scheduled for the week ahead, both of which launched after the government shutdown began. The first notable name to set terms under the updated SEC guidance, Navan (NAVN) plans to raise $923 million at a $6.9 billion market cap. The...read more