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.

Navan is making headlines as it prepares to be the first large company to test the IPO waters during a shutdown of the Securities and Exchange Commission. This is significant because it raises questions about the regulatory environment and how companies can navigate these challenges. Investors and analysts will be closely watching this move, as it could set a precedent for future IPOs in uncertain times.