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Navan Acquires AI-Powered Events Platform BoomPop; Shares Fall

Navan Acquires AI-Powered Events Platform BoomPop; Shares Fall

MT newswireMT newswire2026/09/09 20:52
04:52 PM EDT, 09/09/2026 (MT Newswires) -- Navan (NAVN) said Wednesday it has acquired AI-driven events platform BoomPop as it plans to expand into the meetings and events business. The transaction, whose deal value was not disclosed, is expected to have no material impact on the business travel and expense platform's guidance, the company added. Navan's shares fell nearly 13% in after-hours trading.
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