secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001193125-21-318575
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KVSB stockholders approve Nextdoor merger; gross proceeds at least $655M
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- Gross proceeds of at least $655M from $270M PIPE and $385M trust cash (after ~7.41% redemptions).
- Combined company to trade as Nextdoor Holdings, Inc. on NYSE under ticker 'KIND' starting Nov 8.
- BCA proposal passed with 40.2M for vs 0.84M against; all other proposals also approved.
- Redemption price ~$10.00/share; deadline to withdraw redemptions is Nov 4 at 5 PM ET.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000119312521318575/0001193125-21-318575-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000119312521318575/d254747d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-318575

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