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NAVN SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Navan, Inc. Investors - Contact Kirby McInerney LLP by April 24, 2026

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NAVN A securities fraud lawsuit has been filed against Navan, Inc. alleging inadequate disclosure of increased spending and slowing revenue trends at the time of its IPO. Subsequent financial results showed a significant increase in net loss and a decline in usage yield, leading to a sharp drop in share price and the CFO's departure.

NAVN SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of Navan, Inc. Investors - Contact Kirby McInerney LLP by April 24, 2026 NEW YORK CITY, NY / ACCESS Newswire / March 4, 2026 / ( ACCESSWIRE)- Kirby McInerney LLP reminds investors who purchased Navan, Inc. ("Navan" or the "Company") (NASDAQ:NAVN) securities to contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests in the securities fraud class action lawsuit at no cost.

If you suffered a loss on your Navan investments, you have until April 24, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff applications submitted after this deadline. The lead plaintiff oversees the litigation on behalf of the class and may influence key decisions, including litigation strategy and settlement. Courts regularly appoint individual investors as lead plaintiffs, not only institutions.

Follow the link below for more information about the lawsuit:

[ CONTACT THE FIRM IF YOU SUFFERED A LOSS]

What Is The Lawsuit About?

? The lawsuit alleges that the Company's October 31, 2025, IPO offering materials did not adequately disclose that, at the time of the IPO, Navan had sharply increased sales and marketing spending and was facing slowing revenue trends, which were necessary to sustain its reported growth metrics.

On October 31, 2025, Navan conducted its initial public offering, selling approximately 36.9 million shares at $25.00 per share.

On December 15, 2025, Navan reported its first quarterly financial results as a public company, for the quarter ended October 31, 2025. In doing so, Navan revealed "GAAP net loss was ($225 million), compared to a net loss of ($42 million) in the third quarter of fiscal year 2025" and that its usage yield declined to 6.9% from 7.5% the year prior. Navan also disclosed that its Chief Financial Officer, Amy Butte, would be departing from her role. On this news, the price of Navan shares declined by $1.74 per share, or approximately 11.89%, from $14.64 per share on December 15, 2026 to close at $12.90 on December 16, 2026.

[ CLICK HERE TO LEARN MORE ABOUT THE CLASS ACTION]

What Should I Do?

If you purchased or otherwise acquired Navan securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[HOW CAN I PROTECT MY RIGHTS?]

Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP's website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Kirby McInerney LLP

Lauren Molinaro, Esq.

212-699-1171

https://www.kmllp.com

https://securitiesleadplaintiff.com/

[email protected]

SOURCE: Kirby McInerney LLP