Company: NAVN
Filing Date: 2025-09-19
Form Type: S-1
Source: 0001628280-25-042130
Chunk: 400

Company: Navan, Inc.
Filing Date: 2025-09-19
Form: S-1
Chunk 400
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URITIES. Since February 1, 2022, the Registrant has issued and sold the following securities: • In April 2025, the Registrant issued SAFEs to accredited investors in an aggregate principal amount of $53.8 million. • In April 2025, the Registrant issued warrants to purchase up to approximately 0.16% of the Registrant’s capital stock on a fully diluted basis, calculated as of the initial public filing of this registration statement, to accredited investors at an exercise price of $0.03 per share. • In February 2025, the Registrant issued SAFEs to accredited investors in an aggregate principal amount of $101.2 million. • In February 2025, the Registrant issued warrants to purchase up to approximately 0.29% of the Registrant’s capital stock on a fully diluted basis, calculated as of the initial public filing of this registration statement, to accredited investors at an exercise price of $0.03 per share. • In February 2025, the Registrant issued warrants to purchase up to 486,588 shares of its Class A common stock to accredited investors at an exercise price of $0.03 per share. • In September 2022, the Registrant issued a warrant to purchase up to 599,280 shares of its Class A common stock to an accredited investor at an exercise price of $0.03 per share. In November 2022, the Registrant issued 599,280 shares of its Class A common stock to the aforementioned accredited investor upon the exercise of the warrant. • Between July and September 2022, the Registrant sold an aggregate of 2,670,319 shares of its Series G redeemable convertible preferred stock and an aggregate of 1,441,963 shares of its

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Series G-1 redeemable convertible preferred stock to 14 accredited investors at a purchase price of $ 37.4487 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 101,858 shares of its Class A common stock under the 2015 Plan with per share purchase prices ranging from $0.6825 to $4.29. • The Registrant granted options to its directors, officers, employees, consultants, and other service providers to purchase an aggregate of shares of its Class A