---
schema_version: "secwatch.filing_event.v1"
accession: "0001846069-23-000003"
form_type: "8-K"
ticker: "NXDR"
cik: "0001846069"
company_name: "Nextdoor Holdings, Inc."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T08:17:56.626564+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Nextdoor settles shareholder litigation for $850,000 in fees and expenses

## Summary
- Agreed to pay $850,000 to plaintiff's counsel to resolve Fee and Expense Application in Umbright Action.
- Court closed the case subject to filing affidavit confirming notice issued; did not review reasonableness.
- Litigation stemmed from stockholder challenge to de-SPAC merger of Khosla Ventures Acquisition Co. II.
- Payment fully satisfies any fee or expense claims; no additional amounts sought.

## SEC filing metadata
- accession: 0001846069-23-000003
- form_type: 8-K
- ticker: NXDR
- cik: 0001846069
- company_name: Nextdoor Holdings, Inc.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846069/000184606923000003/0001846069-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846069/000184606923000003/kind-20230213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001846069-23-000003
- JSON: https://secwatch.observer/filing/0001846069-23-000003.json
- Plain text: https://secwatch.observer/filing/0001846069-23-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
