I-P-Go! Shares of Navan, a travel-tech firm based in Silicon Valley, hit the exchanges on Thursday. The company priced its initial public offering at $25 per share, raising roughly $923 million.

The $25 per-share price is within the $24–$26 range the company zeroed-in on last week, when it also announced it would sell nearly 37 million shares of common stock. The IPO puts Navan’s valuation at around $9.2 billion.

Navan shares will trade on the Nasdaq under the ticker “NAVN.”

Founded in 2015, the company bills itself as “an all-in-one business travel, payments, and expense management platform that makes travel easy for frequent travelers,” helping customers find flights and hotels, automating expensing, and delivering “an intuitive experience travelers love and finance teams rely on.” In

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