secwatch.observer — SEC 8-K summary
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Issuer:     Nextdoor Holdings, Inc. (NXDR)
CIK:        0001846069
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001846069-23-000003
Event type: litigation
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1846069/000184606923000003/0001846069-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1846069/000184606923000003/kind-20230213.htm
  HTML page:      https://secwatch.observer/filing/0001846069-23-000003

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