Navan Moves Toward IPO With Confidential SEC Filing

Navan's first move toward an IPO has been a long time coming.

Navan, a business travel tech company, said Friday it has filed with the U.S. Securities and Exchange Commission for a proposed IPO – but it was a "confidential" submission and no financial details were publicly available.

“The number of shares to be offered and the price range for the proposed offering have not yet been determined,” the company said.

The company was last valued at $9.2 billion during its se