The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Navan, Inc. (“Navan” or “the Company”) (NASDAQ: NAVN) for violations of the federal securities laws.

Investors who purchased the Company's securities pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's October 31, 2025, initial public offering ("IPO"), are encouraged to contact the firm before April 24, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Navan misled investors by failing to inform them that it would need to massively ramp up its sales and marketing expenditures after the IPO to achieve usage yield growth, grow its Gross Booking Volume, and sustain revenues. Based on these facts, the Company’s public statements were false and materially misleading throughout the IPO period. When the market learned the truth about Navan, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

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