Latest news with #SEC
Yahoo
an hour ago
- Business
- Yahoo
Navan Announces Confidential Submission of Draft Registration Statement
PALO ALTO, Calif., June 20, 2025--(BUSINESS WIRE)--Navan, Inc. has confidentially submitted a draft registration statement on Form S-1 with the SEC relating to a proposed initial public offering. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed initial public offering remains subject to the completion of the SEC review process as well as market and other conditions. This announcement is being issued pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended ("Securities Act"). This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act. About Navan Navan, the leading all-in-one business travel and expense management solution that makes travel easy for frequent travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit and learn more at View source version on Contacts Eric Smithesmith@
Business Wire
an hour ago
- Business
- Business Wire
Navan Announces Confidential Submission of Draft Registration Statement
PALO ALTO, Calif.--(BUSINESS WIRE)--Navan, Inc. has confidentially submitted a draft registration statement on Form S-1 with the SEC relating to a proposed initial public offering. The number of shares to be offered and the price range for the proposed offering have not yet been determined. The proposed initial public offering remains subject to the completion of the SEC review process as well as market and other conditions. This announcement is being issued pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended ("Securities Act"). This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act. About Navan Navan, the leading all-in-one business travel and expense management solution that makes travel easy for frequent travelers. From finding flights and hotels, to automating expense reconciliation, with 24/7 support along the way, Navan delivers an intuitive experience travelers love and finance teams rely on. See how Navan customers benefit and learn more at
Yahoo
2 hours ago
- Sport
- Yahoo
Rivals Five-Star: Key DL storylines to follow heading into Indianapolis
The Rivals Five-Star is being held June 23-24 at the Indianapolis Colts' practice facility. Here are four defensive line storylines we're following heading into the biggest event of the summer. RIVALS FIVE-STAR EVENT: Roster | ACC programs in the spotlight | Big Ten programs in the spotlight | SEC programs in the spotlight | Key QB storylines | Key RB storylines | Key WR storylines | Key TE storylines | Key OL storylines | Key Rivals Five-Star heading back to Indy BEST OF RIVALS CAMP SERIES: The five best QBs of the 2025 Rivals Camp Series regionals | Five best RBs | Five best WRs/TEs | Five best OL | Five best DL | Five best LBs | Five best DBs CLASS OF 2026 RANKINGS: Rivals250 | Team | Position | State CLASS OF 2027 RANKINGS: Rivals250 | Team | Position | State ALL EYES ON RICHARD WESLEY Not only has Richard Wesley reclassified to the 2026 group, but he made a brief commitment to Oregon and enters the event as the sole uncommitted five-star along the defensive front set to participate. Advertisement Wesley is a dynamic pass rusher who thrives in all settings, but this will of course be his most stout test yet given both the top-end talent and depth set to line up against him next week. His recruitment will also play as its own storyline in Indianapolis, fresh off of an official visit to Texas as the Longhorns attempt to close the gap with Oregon for the top-10 national recruit. JAKE KREUL'S ENCORE Jeff McCulloch/ Jake Kreul flashed on the regional scene as an underclassman but he truly broke out at last year's Rivals Five-Star event in Jacksonville. He was one of the recruits who stole the show with his combination of flash, technique, effort and overall success against another loaded field of blockers – with most already in college at this point. Advertisement Kreul has arguably the deepest set of pass rushing traits of any competitor set to work out, but now he is as well-known a recruit as there is in the trenches simultaneously. Will the uncommitted star follow up the breakout with a five-star stamp? SEC IS WELL-REPRESENTED Nick Lucero/ The future trench stars of America's top conference are spread throughout the defensive line group, with Texas A&M sporting two commitments in Samu Moala and Jordan Carter. Recent Florida commitment JaReylan McCoy is back at the Rivals Five-Star for the second year in a row. South Carolina commit Aiden Harris is also scheduled to attend. Even the uncommitted recruits up front have an SEC feel in blue-chippers Jake Kreul, KJ Ford, Deuce Geralds, Landon Barnes and Nolan Wilson on the roster as well. PAIR OF 2027 PROSPECTS WILL BE HARD TO MISS The defensive line group for the Rivals Five-Star is primarily rising-senior laden, but the two 2027s set to work out bring a combination of star power and physical prowess to the showcase. Advertisement KJ Green is a top-10 national recruit in the class, incredibly tall, lean and twitchy coming off the edge to the point he'll touch 40 scholarship offers sooner rather than later. On the interior, 6-foot-5, 315-pound Kasi Carrie already looks like he is on a college roster and the offer list backs that up as Oregon leads the race for the California native early on. The Rivals Five-Star always lifts an underclassman to new heights, so don't count out either prospect already tabbed top-three at his position at this stage.
Yahoo
3 hours ago
- Sport
- Yahoo
College football leaders revisit moving up season to Week Zero
ASHEVILLE, N.C. — College leaders are again exploring an earlier football kickoff date. Executives this week re-examined an issue that has, for years, been under discussion: making Week Zero a permanent playing date for college football teams. FBS leaders held more conversations on the long-discussed concept during the annual three-day gathering of Division I conference commissioners here this week. Advertisement Commissioners expect the conversation to continue in the coming weeks and months. While there is growing support for the move, no formal proposal has been introduced. That's not the case for FCS. The division is expected to formalize a proposal that permits schools to begin playing on Week Zero — a decision that would add a 12th regular season game to the schedule starting in 2026. For FBS, the decision is more complex. Some do not support shifting the season-opening week from Labor Day weekend — a holiday coinciding with a smorgasbord of college football. However, such a move creates an additional bye week for teams that choose to play on what would be the new Week 1 — an incentive that provides more rest during a college football season that continues to get extended. Advertisement 'My view is we should have a consistent start date,' SEC commissioner Greg Sankey told Yahoo Sports on Thursday. 'The adage is, teams make their most substantial improvement between Games 1 and 2. I think we should have a consistent start date. Labor Day weekend has been a good start date for college football. 'The fact we are taking another look at it could be interesting,' Sankey said of permanently playing on Week Zero. 'I'm not opposed to that. I want to make sure it's a broad view of the issues and not something narrow.' For now, schools wanting to play on Week Zero must be granted a waiver by NCAA governance committees. Under NCAA bylaw 17.11.4, FBS teams cannot play their first game until the Thursday before Labor Day. However, an exception to the rule was instituted in 2016 (NCAA bylaw 17.11.4.1), allowing Hawaii and teams that visit Hawaii the option to play on the Saturday before Labor Day weekend. Two years ago, there was the introduction of a foreign travel exemption (NCAA bylaw 17.11.4.3), allowing Navy to face Notre Dame in Dublin, Ireland. Advertisement Eliminating waivers across all NCAA areas has been a focal point for university leadership over the last several years, as they often result in difficult-to-defend legal challenges. 'We had a good discussion about the calendar and a uniform start date for FBS instead of continuing to deal with waiver requests, case by case,' American commissioner Tim Pernetti told Yahoo Sports. 'A consistent start date is a key element to the future of FBS.' Whether that standard start date will be in its current position or move up a week remains murky. Over the last three years, Week Zero has been central to discussions related to a long-discussed shift of the regular season by a week. Three years ago, College Football Playoff leaders spent several meetings discussing moving up the regular season by a week, which would shift rivalry games off of Thanksgiving, make conference championship weekend on that holiday and free up an extra weekend in December to hold rounds of a rapidly expanding playoff. Advertisement The latest conversations around Week Zero are, for now, not centered on a full shift in the regular season, though some hope, eventually, that will happen. The move from FCS to begin regularly playing on Week Zero may serve as a trigger for FBS. The two divisions often hold games against one another early in the season — quasi-preseason games for power programs looking to fine-tune a new team before bigger matchups on Labor Day weekend and beyond. Week Zero has been a popular playing date for a handful of teams, though the number is declining. Twelve games involving an FBS team were played on Week Zero in 2022. There are four FBS games scheduled for Week Zero this year — the same as last season.
Yahoo
3 hours ago
- Sport
- Yahoo
College football leaders rehashing moving up season to Week Zero
ASHEVILLE, N.C. — College leaders are again exploring an earlier football kickoff date. Executives this week re-examined an issue that has, for years, been under discussion: making Week Zero a permanent playing date for college football teams. FBS leaders held more conversations on the long-discussed concept during the annual three-day gathering of Division I conference commissioners here this week. Advertisement Commissioners expect the conversation to continue in the coming weeks and months. While there is growing support for the move, no formal proposal has been introduced. That's not the case for FCS. The division is expected to formalize a proposal that permits schools to begin playing on Week Zero — a decision that would add a 12th regular season game to the schedule starting in 2026. For FBS, the decision is more complex. Some do not support shifting the season-opening week from Labor Day weekend — a holiday coinciding with a smorgasbord of college football. However, such a move creates an additional bye week for teams that choose to play on what would be the new Week 1 — an incentive that provides more rest during a college football season that continues to get extended. Advertisement 'My view is we should have a consistent start date,' SEC commissioner Greg Sankey told Yahoo Sports on Thursday. 'The adage is, teams make their most substantial improvement between Games 1 and 2. I think we should have a consistent start date. Labor Day weekend has been a good start date for college football. 'The fact we are taking another look at it could be interesting,' Sankey said of permanently playing on Week Zero. 'I'm not opposed to that. I want to make sure it's a broad view of the issues and not something narrow.' For now, schools wanting to play on Week Zero must be granted a waiver by NCAA governance committees. Under NCAA bylaw 17.11.4, FBS teams cannot play their first game until the Thursday before Labor Day. However, an exception to the rule was instituted in 2016 (NCAA bylaw 17.11.4.1), allowing Hawaii and teams that visit Hawaii the option to play on the Saturday before Labor Day weekend. Two years ago, there was the introduction of a foreign travel exemption (NCAA bylaw 17.11.4.3), allowing Navy to face Notre Dame in Dublin, Ireland. Advertisement Eliminating waivers across all NCAA areas has been a focal point for university leadership over the last several years, as they often result in difficult-to-defend legal challenges. 'We had a good discussion about the calendar and a uniform start date for FBS instead of continuing to deal with waiver requests, case by case,' American commissioner Tim Pernetti told Yahoo Sports. 'A consistent start date is a key element to the future of FBS.' Whether that standard start date will be in its current position or move up a week remains murky. Over the last three years, Week Zero has been central to discussions related to a long-discussed shift of the regular season by a week. Three years ago, College Football Playoff leaders spent several meetings discussing moving up the regular season by a week, which would shift rivalry games off of Thanksgiving, make conference championship weekend on that holiday and free up an extra weekend in December to hold rounds of a rapidly expanding playoff. Advertisement The latest conversations around Week Zero are, for now, not centered on a full shift in the regular season, though some hope, eventually, that will happen. The move from FCS to begin regularly playing on Week Zero may serve as a trigger for FBS. The two divisions often hold games against one another early in the season — quasi-preseason games for power programs looking to fine-tune a new team before bigger matchups on Labor Day weekend and beyond. Week Zero has been a popular playing date for a handful of teams, though the number is declining. Twelve games involving an FBS team were played on Week Zero in 2022. There are four FBS games scheduled for Week Zero this year — the same as last season.
