BRIEF-Khosla Ventures Acquisition Co. II Stockholders Approve Business Combination With Nextdoor, Inc.

Reuters

Nov 03, 2021

Nov 2 (Reuters) - Khosla Ventures Acquisition II Co

* KHOSLA VENTURES ACQUISITION CO. II STOCKHOLDERS APPROVE BUSINESS COMBINATION WITH NEXTDOOR, INC.

* FOLLOWING CLOSING, COMBINED COMPANY WILL BE KNOWN AS NEXTDOOR HOLDINGS, INC

* GROSS PROCEEDS OF AT LEAST $655 MILLION FROM FULLY COMMITTED $270 MILLION PIPE AND $385 MILLION OF CASH HELD IN TRUST

* TRANSACTION IS EXPECTED TO RAISE AT LEAST $385 MILLION FROM KVSB TRUST PROCEEDS

* KHOSLA VENTURES - FOLLOWING CLOSING, COMBINED CO'S SHARES EXPECTED TO TRADE ON NEW YORK STOCK EXCHANGE ON NOV 8, 2021 UNDER TICKER SYMBOL "KIND"

* REDEEMING STOCKHOLDERS MAY ELECT TO WITHDRAW THEIR REDEMPTION RIGHTS BY NOVEMBER 4, 2021

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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II Stockholders Approve Business Combination With Nextdoor, Inc.","media":"Reuters","content":"<html><body><p>Nov 2 (Reuters) - Khosla Ventures Acquisition II Co</p><p> :</p><p>   * KHOSLA VENTURES ACQUISITION CO. 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II Stockholders Approve Business Combination With Nextdoor, Inc.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-11-03 07:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Nov 2 (Reuters) - Khosla Ventures Acquisition II Co</p><p> :</p><p>   * KHOSLA VENTURES ACQUISITION CO. II STOCKHOLDERS APPROVE BUSINESS COMBINATION WITH NEXTDOOR, INC.</p><p>   * FOLLOWING CLOSING, COMBINED COMPANY WILL BE KNOWN AS NEXTDOOR HOLDINGS, INC</p><p>   * GROSS PROCEEDS OF AT LEAST $655 MILLION FROM FULLY COMMITTED $270 MILLION PIPE AND $385 MILLION OF CASH HELD IN TRUST</p><p>   * TRANSACTION IS EXPECTED TO RAISE AT LEAST $385 MILLION FROM KVSB TRUST PROCEEDS</p><p>   * KHOSLA VENTURES - FOLLOWING CLOSING, COMBINED CO'S SHARES EXPECTED TO TRADE ON NEW YORK STOCK EXCHANGE ON NOV 8, 2021 UNDER TICKER SYMBOL \"KIND\"</p><p>   * REDEEMING STOCKHOLDERS MAY ELECT TO WITHDRAW THEIR REDEMPTION RIGHTS BY NOVEMBER 4, 2021</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OLPX","symbol_name":"Olaplex Holdings, Inc.","start_time":0,"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2180731125","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2180731125","pubTimestamp":1635895215,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Nov 2 (Reuters) - Khosla Ventures Acquisition II Co :   * KHOSLA VENTURES ACQUISITION CO. 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II STOCKHOLDERS APPROVE BUSINESS COMBINATION WITH NEXTDOOR, INC.   * FOLLOWING CLOSING, COMBINED COMPANY WILL BE KNOWN AS NEXTDOOR HOLDINGS, INC   * GROSS PROCEEDS OF AT LEAST $655 MILLION FROM FULLY COMMITTED $270 MILLION PIPE AND $385 MILLION OF CASH HELD IN TRUST   * TRANSACTION IS EXPECTED TO RAISE AT LEAST $385 MILLION FROM KVSB TRUST PROCEEDS   * KHOSLA VENTURES - FOLLOWING CLOSING, COMBINED CO'S SHARES EXPECTED TO TRADE ON NEW YORK STOCK EXCHANGE ON NOV 8, 2021 UNDER TICKER SYMBOL \"KIND\"   * REDEEMING STOCKHOLDERS MAY ELECT TO WITHDRAW THEIR REDEMPTION RIGHTS BY NOVEMBER 4, 2021Source text for Eikon:    Further company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}