Philadelphia, Pennsylvania--(Newsfile Corp. - June 22, 2026) - Grabar Law Office is investigating whether certain officers and directors of Navan, Inc. (NASDAQ: NAVN) breached their fiduciary duties owed to the Company and its shareholders.

What is the Investigation's Focus?

Grabar Law Office is investigating allegations concerning Navan's disclosures, internal reporting systems, oversight practices, and public statements made in connection with the Company's October 30, 2025 initial public offering ("IPO").

If you are a current Navan Inc. (NASDAQ: NAVN) shareholder who has continuously held Navan shares since on or shortly after the Company's October 30, 2025 IPO, you are encouraged to visit https://grabarlaw.com/the-latest/navan-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call us at 267-507-6085 to discuss your rights and potential claims. You can pursue claims on behalf of Navan against officers and directors responsible for alleged misconduct and seek corporate governance reforms designed to improve oversight, transparency, disclosure practices, and shareholder value, including a court approved service award at no cost to you whatsoever.

Why? As alleged in a federal securities fraud class action complaint, Navan, Inc. (NASDAQ: NAVN) represented in its IPO materials that it had experienced significant growth in revenue, gross booking volume ("GBV"), and platform adoption. The Company's offering documents highlighted strong historical growth metrics and discussed plans to continue expanding customer relationships and platform usage. Navan's October 30, 2025, IPO offering documents allegedly omitted material information concerning the Company's business and financial condition, including that at the time of the IPO, Navan possessed information indicating that revenue growth was decelerating and that the Company would substantially increase sales and marketing spending in order to sustain reported growth metrics. The complaint further alleges that these trends were not adequately disclosed to investors in the Company's registration statement and prospectus.

The investigation is focused on whether Navan's directors and senior officers:

• Failed to maintain adequate oversight concerning the Company's growth trends and operating performance;
• Failed to ensure that material information concerning revenue trends and operating expenses was timely escalated and disclosed;
• Failed to maintain effective disclosure controls and procedures;
• Caused or permitted the dissemination of allegedly misleading registration statement and prospectus disclosures;
• Failed to provide shareholders with complete information regarding the Company's sales and marketing expenditures and their impact on future performance; and
• Exposed the Company to significant legal, financial, and reputational harm.

What Can You do now?

Shareholders Are Encouraged to Contact Grabar Law Office

If you are a current Navan Inc. (NASDAQ: NAVN) shareholder who has continuously held Navan shares since on or shortly after the Company's October 30, 2025 IPO, you are encouraged to visit https://grabarlaw.com/the-latest/navan-shareholder-investigation/, contact Joshua H. Grabar at jgrabar@grabarlaw.com, or call us at 267-507-6085 to discuss your rights and potential claims. You can pursue claims on behalf of Navan against officers and directors responsible for alleged misconduct and seek corporate governance reforms designed to improve oversight, transparency, disclosure practices, and shareholder value, including a court approved service award at no cost to you whatsoever.

About Grabar Law Office

Grabar Law Office represents institutional and individual investors in shareholder derivative litigation, securities litigation, corporate governance matters, and antitrust litigation nationwide. The firm has extensive experience prosecuting claims involving breaches of fiduciary duty, failures of oversight, misleading disclosures, inadequate internal controls, and corporate governance failures.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302428

Source: Grabar Law Office