Nextdoor Holdings Inc Stock Price, News & Analysis

Nextdoor (NYSE: KIND) released its inaugural Transparency Report, emphasizing trust and transparency in community engagement. The report showcases unique community moderation practices and highlights positive impacts from features like the Kindness Reminder and Anti-Racism Reminder, leading to an average 34.4% and 34.6% content edit rate, respectively. With 233,648 volunteer moderators and a median removal time of 4.6 hours for reported content, only 0.34% was deemed harmful. This initiative supports Nextdoor's goal of fostering a kinder world through responsible online interactions.

Nextdoor Holdings, Inc. (NYSE: KIND) will announce its financial results for Q4 and full year 2021 after U.S. markets close on March 1, 2022. A conference call will follow at 2:00 p.m. PT/5:00 p.m. ET to discuss the results and future outlook. Investors can access a live webcast on Nextdoor’s Investor Relations website, where a recording will also be available for one year. The platform connects users across 285,000 neighborhoods globally, serving nearly 1 in 3 households in the U.S.

Nextdoor Holdings (NYSE: KIND) announced that CEO Sarah Friar and CFO Mike Doyle will participate in a fireside chat at the UBS Global TMT Conference on December 6, 2021, starting at 7:00 a.m. ET. This three-day event is focused on technology, media, and telecom sectors, providing a platform for investors to hear insights from industry leaders.

A webcast will be available on Nextdoor's Investor Relations website, along with a recorded version post-event. Nextdoor connects over 285,000 neighborhoods across 11 countries, with nearly 1 in 3 U.S. households using the app.

Nextdoor Holdings, Inc. (NYSE: KIND) released its financial results for the third quarter of 2021, which ended on September 30, indicating key developments within the company. Following the announcement, a conference call is scheduled for 2:00 p.m. PT to discuss these results and future outlook. The company has seen substantial engagement, with nearly 1 in 3 U.S. households utilizing its app across over 280,000 neighborhoods in 11 countries. Detailed results and insights are also available on their Investor Relations website.

Khosla Ventures Acquisition Co. II (KVSB) announced stockholder approval for its business combination with Nextdoor, Inc. during a special meeting held on November 2, 2021. The closing is expected on or about November 5, 2021, with Nextdoor Holdings, Inc. shares to trade on the NYSE under ticker symbol KIND starting November 8, 2021. The transaction is projected to raise a minimum of $655 million, including $385 million from trust proceeds and $270 million from a private placement. Stockholders can withdraw redemption elections until November 4, 2021.

Khosla Ventures Acquisition Co. II (KVSB) will transfer its Class A common stock listing from Nasdaq to NYSE following its business combination with Nextdoor, Inc., which will be renamed Nextdoor Holdings, Inc. (symbol: KIND). The transition is scheduled to occur after market close on November 5, 2021, contingent on meeting NYSE listing requirements. KVSB's shares will continue trading on Nasdaq until the deal closes, which enhances KVSB’s market presence and aligns with Nextdoor's community-focused mission.