{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-047879","form_type":"8-K","ticker":"NAVN","cik":"0001639723","company_name":"Navan, Inc.","filed_at":"2025-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.020671+00:00","generated_at":"2026-05-17T00:53:54.110290+00:00","sec_items":["1.01","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Navan (NAVN) completes IPO, adopts dual-class stock with 30:1 voting for founders","bullets":["IPO closed Oct 31, 2025; shares trade on Nasdaq under ticker NAVN.","Co-founders Cohen and Twig exchange Class A shares for Class B shares (1:1) with 30 votes each.","Equity exchange rights allow founders to convert future equity awards into super-voting Class B shares.","Amended charter and bylaws effective IPO closing; founders subject to lock-up agreements with underwriters."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-047879","json":"https://secwatch.observer/filing/0001628280-25-047879.json","markdown":"https://secwatch.observer/filing/0001628280-25-047879.md","text":"https://secwatch.observer/filing/0001628280-25-047879.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1639723/000162828025047879/0001628280-25-047879-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1639723/000162828025047879/navan-closing8xk.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:53:54.110290+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2401e27fcff0bfc83d0d7a7103d824a7bb538b69","claim":"Navan, Inc.: Amended and restated bylaws in connection with IPO (effective 2025-10-31).","evidence_excerpt":"On October 31, 2025, the Company’s amended and restated bylaws (the “Restated Bylaws”) became effective in connection with the closing of the IPO.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639723/000162828025047879/0001628280-25-047879-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-10-31"}],"fact_type":"governance_change"},{"claim_id":"d7df55a122b082746ecdd2ce8fdea55a57be4b7a","claim":"Navan, Inc.: Amended and restated certificate of incorporation in connection with IPO (effective 2025-10-31).","evidence_excerpt":"On October 31, 2025, the Company filed an amended and restated certificate of incorporation (the “Restated Certificate”) with the Secretary of State of the State of Delaware in connection with the closing of the IPO.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1639723/000162828025047879/0001628280-25-047879-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-10-31"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}