Company: NAVN
Filing Date: 2025-10-10
Form Type: S-1/A
Source: 0001628280-25-044812
Chunk: 124

Company: Navan, Inc.
Filing Date: 2025-10-10
Form: S-1/A
Chunk 124
---
 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; 81 • 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 competitive and rapidly changing environment, and new risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties, and assumptions, the forward-looking events and circumstances discussed