July 06, 2021
Nextdoor, Inc. (Nextdoor), the neighborhood network, and Khosla Ventures Acquisition Co. II (Nasdaq:KVSB) (KVSB), a special purpose acquisition company sponsored by an affiliate of Khosla Ventures, LLC, have announced that they have entered into a definitive agreement under which Nextdoor would become a publicly listed company. Upon closing of the proposed transaction, the combined company will be listed under the ticker symbol “KIND.”
Latham & Watkins LLP represents KVSB in the transaction with a corporate deal team led by Bay Area partners Jim Morrone, Luke Bergstrom, and Brian Paulson and Houston partner Ryan Maierson, with associates Andrew Tremble, Austin Sheehy, Trevor Bossi, and Joseph Kmetz. Advice was also provided on tax matters by Bay Area partner Kirt Switzer, with associate Derek Gumm; on benefits and compensation matters by Bay Area partner Julie Crisp, with associate Megan Ampe; on data privacy matters by Bay Area counsel Robert Blamires and London counsel Danielle van der Merwe, with associates Kiara Vaughn and Jagveen Tyndall; on technology transactions matters by Bay Area partner JD Marple, with associates Heather Lui and Andrew Huang; and on antitrust matters by Washington, D.C. counsel Patrick English.