SAN FRANCISCO and MENLO PARK, Calif., Nov. 5, 2021 /PRNewswire/ -- Nextdoor, Inc. ("Nextdoor"), the neighborhood network, and Khosla Ventures Acquisition Co. II (NASDAQ:KVSB) ("KVSB"), a special purpose acquisition company sponsored by an affiliate of Khosla Ventures, LLC ("Khosla Ventures"), today completed their previously announced transaction to take Nextdoor public. The combined company is expected to start trading on The New York Stock Exchange ("NYSE") on November 8, 2021 under the new ticker symbol "KIND" for Nextdoor Class A common stock. Nextdoor's purpose is to cult

MENLO PARK, Calif., Nov. 4, 2021 /PRNewswire/ -- Khosla Ventures Acquisition Co. II ("KVSB") (NASDAQ:KVSB) today confirmed that the closing of the Business Combination is expected to occur on November 5, 2021, subject to the satisfaction or waiver of all closing conditions. Following closing, the combined company will be known as Nextdoor Holdings, Inc. and its shares are expected to trade on the New York Stock Exchange ("NYSE") on November 8, 2021 under the ticker symbol "KIND." Less than 5% of the shares of KVSB currently have elections outstanding to redeem their shares.  As a result, the transaction is expected to raise at least $396 million from KVSB trust proceeds (or more if additiona

MENLO PARK, Calif., Nov. 2, 2021 /PRNewswire/ -- Khosla Ventures Acquisition Co. II ("KVSB") (NASDAQ:KVSB) today announced that its stockholders approved the proposals that were conditions to closing of the previously announced business combination with Nextdoor, Inc. ("Nextdoor" or the "Company") at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission. The closing of the Business Combination is expected to occur on or about November 5, 2021, subject to the satisfaction or waiver of all closing conditions. Following closing, the combined company will be known as Nextdoor Holdings, Inc.

MENLO PARK, Calif., Nov. 1, 2021 /PRNewswire/ -- Khosla Ventures Acquisition Co. II ("KVSB") (NASDAQ:KVSB), a special purpose acquisition company, today announced that it expects all conditions to be met, including minimum cash proceeds, subject to stockholder approval, to complete its previously announced business combination with Nextdoor, Inc. ("Nextdoor"), the neighborhood network. The transaction is expected to raise at least $363.3 million from KVSB trust proceeds (after giving effect to preliminary redemption elections, which may be withdrawn, representing approximately 13% of the trust account), and $270 million from a fully committed common stock private placement (PIPE), resulting

SAN FRANCISCO and MENLO PARK, Calif., Oct. 29, 2021 /PRNewswire/ -- Khosla Ventures Acquisition Co. II (NASDAQ:KVSB) ("KVSB"), a special purpose acquisition company sponsored by an affiliate of Khosla Ventures, LLC ("Khosla Ventures"), today announced that it will voluntarily transfer the listing of its Class A common stock from the Nasdaq Capital Market ("Nasdaq") to the New York Stock Exchange ("NYSE") in connection with, and upon the closing of, the previously announced business combination (the "Business Combination") with Nextdoor, Inc. ("Nextdoor"), the neighborhood network. The shares of Class A common stock of the post-business combination company, to be renamed Nextdoor Holdings, In

Record Q3 Total Gross Debt and Equity Commitments of $719.6 Million Record Q3 Total Gross Fundings of $431.1 Million Record Year-to-Date Total Gross Debt and Equity Commitments of $1.69 Billion Record Year-to-Date Total Gross Fundings of $1.07 Billion Record Undistributed Earnings Spillover of $181.7 Million, or $1.57(1) per Ending Shares Outstanding Increased the Company's Quarterly Base Cash Distribution to $0.33 per Share Closed Public Offering of $325.0 Million 2.625% Notes due 2026 Q3 2021 Financial Achievements and Highlights Net Investment Income "NII" of $38.1 million, or $0.33 per share Total Investment Income of $70.2 million Record total gross new debt and equity com

SAN FRANCISCO and MENLO PARK, Calif., Oct. 21, 2021 /PRNewswire/ -- Khosla Ventures Acquisition Co. II (NASDAQ:KVSB) ("KVSB"), a special purpose acquisition company sponsored by an affiliate of Khosla Ventures, LLC ("Khosla Ventures"), today announced that the Special Meeting of Stockholders ("Special Meeting") to vote on the approval and adoption of KVSB's business combination agreement with Nextdoor, Inc. ("Nextdoor"), the neighborhood network, will be held via live telecast on November 2, 2021 at 11:00 a.m. ET. Stockholders of record as of the close of business on October 6

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ -- Nextdoor, Inc.  ("Nextdoor" or the "Company") today announced its upcoming executive discussion on LinkedIn Live, to be held on Tuesday, October 26, 2021, beginning at 3 p.m. ET and expected to conclude at 3:45 p.m. ET. Management will share more about Nextdoor's opportunity, business model, platform, and financials. As previously announced, Nextdoor and Khosla Ventures Acquisition Co. II (NASDAQ:KVSB) ("KVSB"), a special purpose acquisition company sponsored by an affiliate of Khosla Ventures, LLC ("Khosla Ventures"), intend to li

SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ -- At its 2021 virtual Investor Day held on September 20, 2021, Nextdoor, Inc. (the "Company") announced an increase in 2021 revenue guidance, to $181 million from $178 million. This raises the Company's full year implied growth rate to 47% year-over-year from 44%. Nextdoor also raised 2022 revenue guidance to $252 million, implying a 40% full year 2022 growth rate. A replay of the virtual Investor Day, along with the slide deck and transcript, is now available on our Investor Relations website, investors.nextdoor.com. Nextdoor and K

SAN FRANCISCO and MENLO PARK, Calif., Sept. 17, 2021 /PRNewswire/ -- Nextdoor, Inc. ("Nextdoor" or the "Company") and Khosla Ventures Acquisition Co. II (NASDAQ:KVSB) ("KVSB"), a special purpose acquisition company sponsored by an affiliate of Khosla Ventures, LLC ("Khosla Ventures"), today announced that they intend to list the Class A common stock of Nextdoor Holdings, Inc. on the New York Stock Exchange ("NYSE") upon closing of their proposed business combination transaction. "We are thrilled to announce our intention to list on the NYSE and join its remarkable roster of industry-leading companies and some of the world's most respected brands," said Sarah Friar, Chief Executive Officer, N