Software Firm Tests IPO Waters During Shutdown

The Wall Street JournalThursday, October 30, 2025 at 1:40:00 PM
Software Firm Tests IPO Waters During Shutdown
Navan is making headlines as it prepares for an initial public offering (IPO) during a period when the Securities and Exchange Commission is not fully operational. This move is significant as it marks Navan as the first large company to attempt such a debut under these unusual circumstances, raising questions about the implications for investors and the market. It highlights the challenges and risks companies face when navigating regulatory environments that are in flux.
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