Company: NAVN
Filing Date: 2025-06-20
Form Type: DRS
Source: 0001628279-25-000383
Chunk: 355

Company: Navan, Inc.
Filing Date: 2025-06-20
Form: DRS
Chunk 355
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able convertible preferred stock to 14 accredited investors at a purchase price of $12.4829 per share for an aggregate purchase price of approximately $154.0 million.

• Between February 9, 2022 and April 20, 2022, the Registrant granted restricted stock awards to certain of its service providers to purchase an aggregate 305,578 shares of its Class A common stock under the 2015 Plan with per share purchase prices ranging from $0.2275 to $1.43.

• The Registrant granted options to its directors, officers, employees, consultants, and other service providers to purchase an aggregate of shares of its Class A common stock under the 2015 Plan with per share exercise prices ranging from $ to $ , and the Registrant issued of its Class A common stock upon exercise of stock options under its 2015 Equity Incentive Plan, or 2015 Plan.

• The Registrant granted to its employees, consultants, and other service providers an aggregate of restricted stock units to be settled in shares of Class A common stock under the 2015 Plan.

Unless otherwise stated, the sales of the above securities were deemed to be exempt from registration under the Securities Act in reliance upon Section 4(a)(2) of the Securities Act (or Regulation D or Regulation S promulgated thereunder), or Rule 701 promulgated under Section 3(b) of the Securities Act, or Rule 701, as transactions by an issuer not involving any public offering or pursuant to benefit plans and contracts relating to compensation as provided under Rule 701. The recipients of the securities in each of these transactions represented their intentions to acquire the securities for investment only and not with a view to or for sale in connection with any distribution thereof, and appropriate legends were placed upon the stock certificates issued in these transactions.

## ITEM 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES.
(a) Exhibits.

| Exhibit 
 Number  |     | Description of Document                                                                                                                                      |
| 1.1*    |     | Form of Underwriting Agreement.                                                                                                                              |
| 3.1*    |     | Amended and Restated Certificate of Incorporation of Navan, Inc., as amended and currently in effect.                                                        |
| 3.2*    |     | Form of Amended and Restated Certificate of Incorporation of Navan, Inc., to be in effect immediately prior to completion of this offering.                  |
| 3.3     |