Travel management company Navan has filed a registration statement with the US Securities and Exchange Commission for its planned initial public offering (IPO), making details of the company’s business available to potential investors.
The US-based company is making the proposed offering available via a prospectus through lead book-running managers Goldman Sachs and Citigroup.
Navan has applied to be listed under the symbol NAVN on the Nasdaq Global Select Market, but it has not yet determined the price range or the number of shares to be offered under the proposed offering.
The TMC’s IPO has been a long-anticipated move, with a registration statement previously filed in June that kept its financial details private. Navan last year hired Amy Butte as CFO, who has had experience of taking multiple companies public.
Navan also published its latest financial results as part of the…
