Travel tech firm Navan confidentially files to go public in US
By
Binu Mathew
US corporate travel and expense company Navan on Friday disclosed it had confidentially filed for a US initial public offering, as investor optimism for new listings grow.
The terms of the offering were not disclosed.
Activity in the U.S. IPO market, which started the year on a slower footing, has shown signs of a sustained revival after a couple of fresh flotations received overwhelming investor support.
