Company: NAVN
Filing Date: 2025-09-19
Form Type: S-1
Source: 0001628280-25-042130
Chunk: 116

Company: Navan, Inc.
Filing Date: 2025-09-19
Form: S-1
Chunk 116
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 expectations regarding customers’ T&E budgets and IT spending budgets; • market acceptance of our platform and our ability to increase adoption of our platform; • beliefs and objectives for future operations; • our ability to attract new customers and retain and grow sales within our existing customers; • our ability to drive adoption and expansion of our additional offerings, including Payments, Expense Management, Meetings and Events, VIP, and Bleisure; • our ability to continue developing, improving, and implementing AI and ML into our platform and offerings, including Navan Cognition, our proprietary AI framework for our platform, and related AI features and functionalities; • our ability to timely and effectively scale, enhance and adapt our platform; • our ability to develop and introduce new offerings and products and bring them to market in a timely manner; • our ability to operate and expand internationally; • our expectations concerning relationships with third parties, including our expectations concerning relationships with suppliers and payment partners, and our ability to maintain commission rates and access to travel inventory; • future acquisitions or investments in complementary companies, products, services, or technologies and our ability to successfully integrate them into our business and operations; • our ability to maintain, protect, and enhance our intellectual property; • the effects of increased competition in our markets and our ability to compete effectively; 77 • our ability to stay in compliance with laws and regulations that currently apply or may become applicable to our business both in the United States and internationally; • our ability to maintain high-quality, cost-effective customer support, including through automation and AI-enabled tools, while controlling customer support costs; • economic and industry trends, projected growth, or trend analysis, including as it relates to AI; • general macroeconomic conditions in the United States and globally, including the effects of tariffs, immigration policy, inflation, rising or volatile interest rates, foreign currency fluctuations, instability in the global banking system, climate-related events, and geopolitical conflicts or tensions such as those in the Ukraine, the Middle East, and between China and Taiwan; • the impact of remote and hybrid work models on our business, operations, and the markets in which we operate; • our ability to operate and grow our business in light of macroeconomic uncertainty; • increased expenses associated with being a public company; and • other statements regarding our future operations, financial condition, and prospects and business strategies. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including those described in the section titled “Risk Factors” and elsewhere in this prospectus. Moreover, we operate in a very