secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2021-09-01T23:59:59+00:00
Accession:  0001193125-21-262560
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000119312521262560/0001193125-21-262560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000119312521262560/d161575d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-262560

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer