Khosla Ventures Acquisition Co. II restates financials; Class K shares reclassified as liabilities

Nextdoor Holdings, Inc.

Company restates previously issued financials due to reclassification of Class K shares as derivative liabilities at fair value.
Dismissed Marcum LLP and appointed BDO USA, LLP as new auditor on August 8, 2021.
Non-reliance covers unaudited Q1 2021, audited Feb 1 2021, and March 26 2021 balance sheet.
Going forward, Class K shares will be classified as liabilities with fair value measurement each period.

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