SAN FRANCISCO, 20 October 2021 / PRNewswire / – Nextdoor, Inc. (“Nextdoor” or the “Company”) today announced its next executive discussion on LinkedIn Live, which will be held on Tuesday, October 26, 2021, starting at 3 p.m. ET and should end at 3:45 p.m. ET. Management will share more information on 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 a subsidiary of Khosla Ventures, LLC (“Khosla Ventures”), have the intention to common shares of Nextdoor Holdings, Inc. on the New York Stock Exchange (“NYSE”) under the symbol “KIND” upon closing of their proposed business combination transaction.
The LinkedIn Live event will be moderated by Devin Banerjee, Editor-in-Chief, Business and Finance at LinkedIn, and include an interactive Q&A session with the CEO of Nextdoor Sarah brother and CFO Nextdoor Mike doyle.
You can register for the event and submit questions to the management team on LinkedIn. After the live event, you can view the recorded discussion on our Investor Relations website, investors.nextdoor.com.
About Nextdoor, Inc.
Nextdoor is where you connect to the neighborhoods that matter to you so you can belong. Our goal is to cultivate a smoother world where everyone has a neighborhood they can count on. Neighbors around the world turn to Nextdoor daily for reliable information, giving and getting help, getting things done, and making real connections with those nearby – neighbors, businesses and utilities. Today, neighbors trust Nextdoor in more than 280,000 neighborhoods in 11 countries. Nearly one in three households in the United States uses the network. Nextdoor is based at San Francisco. For more information and images: nextdoor.com/newsroom.
KVSB is a special purpose acquisition company sponsored by subsidiaries of Khosla Ventures. Khosla Ventures operates a series of venture capital funds that make early stage venture capital investments and provide strategic advice to entrepreneurs who create businesses of lasting significance. The company was founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems. Khosla Ventures has finished $ 14 billion assets under management and focuses on a wide range of sectors including artificial intelligence, agriculture / food, consumer, business, financial services, healthcare, space, sustainable energy , robotics, VR / AR and 3D printing. Collectively, Khosla Ventures’ investment portfolio has created nearly half a trillion dollars in market value.
This communication contains certain forward-looking statements within the meaning of federal securities laws regarding the proposed transaction between Nextdoor and KVSB. These forward-looking statements are generally identified by the words “believe”, “plan”, “expect”, “anticipate”, “estimate”, “intend”, “the strategy”, “the future”, ” opportunity ”,“ plan, “may”, “should”, “will”, “would”, “will”, “will continue”, “will probably result” and similar expressions. Forward-looking statements are predictions, projections and other statements regarding future events that are based on current expectations and assumptions and, therefore, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements contained in this communication. You should carefully consider the risks and uncertainties described in the “Risk Factors” section of the KVSB Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Registration Statement on Form S- 4 and other documents filed by the KVSB from time to time with the SEC. These documents identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in forward-looking statements. Forward-looking statements speak only as of the date on which they are made. Readers are cautioned not to place undue reliance on forward-looking statements, and Nextdoor and KVSB assume no obligation and do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither Nextdoor nor KVSB gives any assurance that Nextdoor or KVSB will meet its expectations.
Additional information and where to find it / Non-solicitation
In connection with the proposed transaction, KVSB has filed a registration statement on Form S-4 containing a power of attorney / prospectus with the SEC. The registration statement on Form S-4 is not yet in effect. Once effective, the proxy / prospectus will be sent to KVSB shareholders. KVSB and Nextdoor will also file other documents regarding the proposed transaction with the SEC. Before making a voting decision, investors and holders of KVSB securities are urged to read the Proxy Circular / Prospectus and all other relevant documents filed or to be filed with the SEC in connection with the proposed transaction as soon as they become available because they will contain important information on the proposed transaction. Investors and security holders will be able to obtain free copies of the Proxy Circular / Prospectus and all other relevant documents filed or to be filed with the SEC by KVSB and Nextdoor through the website maintained by the SEC. at www.sec.gov.
Participants in the solicitation
KVSB and Nextdoor and their respective directors and officers may be considered participants in the solicitation of proxies from KVSB shareholders in connection with the proposed transaction. Information on the directors and officers of KVSB and their ownership of the securities of KVSB is set out in the documents filed by KVSB with the SEC. To the extent that the holdings of KVSB securities have changed from the amounts printed in the KVSB registration statement on Form S-1, these changes have been or will be reflected on the change of ownership statements on Form 4 filed. with the SEC. A list of the names of such directors and officers as well as information regarding their interests in the business combination will be included in the proxy circular / prospectus when available. You can obtain free copies of these documents as described in the previous paragraph.
No offer or solicitation
These communications do not constitute an offer to sell or the solicitation of an offer to buy securities, nor a solicitation of a vote or approval, and there will be no sale of securities in any jurisdiction in which such an offer. , solicitation or sale would be illegal prior to registration or qualification under the securities laws of such jurisdiction. No offer of securities will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or an exemption therefrom.
SOURCE Nextdoor, Inc.