Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm

Reuters2021-07-06

July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.

The deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.

Nextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.

Founded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.

A SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .

The merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.

Khosla Ventures Acquisition Co II raised $400 million in its IPO.

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Comments

Vegelick
2021-07-07
Vegelick
Like pls
Billon
2021-07-06
Billon
Wow another big IPO
- LoneSurvivor:
  Is it you ? [Cool]
Newnew
2021-07-06
Newnew
[Miser]
- Ignis:
  hi
AlvinTham
2021-07-06
AlvinTham
Comment and like pls, thanks!
- Vegelick:
  Comment
- Huathk:
  Gs
Jazling
2021-07-06
Jazling
Wow
- Huathk:
  Gd
- AlvinTham:
  Comment and like pls, thanks!
- Jazling:
  Ok
Linh2
2021-07-06
Linh2
Ok
- yl2021:
  ok

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SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .\nThe merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.\nKhosla Ventures Acquisition Co II raised $400 million in its IPO.","news_type":1,"symbols_score_info":{"KVSA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":157185172,"gmtCreate":1625572972796,"gmtModify":1703744007137,"author":{"id":"3558143787814290","authorId":"3558143787814290","name":"Billon","avatar":"https://static.tigerbbs.com/92930653067c5a7e4656926dfd3f9be5","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3558143787814290","idStr":"3558143787814290"},"htmlText":"Wow another big IPO","listText":"Wow another big IPO","text":"Wow another big IPO","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157185172","repostId":1165946493,"repostType":4,"repost":{"id":"1165946493","kind":"news","pubTimestamp":1625570599,"share":"https://ttm.financial/m/news/1165946493?lang=en_US&edition=fundamental","pubTime":"2021-07-06 19:23","market":"us","language":"en","title":"Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm","url":"https://stock-news.laohu8.com/highlight/detail?id=1165946493","media":"Reuters","summary":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merg","content":"<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.</p>\n<p>The deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.</p>\n<p>Nextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.</p>\n<p>Founded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.</p>\n<p>A SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .</p>\n<p>The merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.</p>\n<p>Khosla Ventures Acquisition Co II raised $400 million in its IPO.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal ...</p>\n\n<a href=\"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVSA":"Khosla Ventures Acquisition Co."},"source_url":"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165946493","content_text":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.\nNextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.\nFounded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.\nA SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .\nThe merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.\nKhosla Ventures Acquisition Co II raised $400 million in its IPO.","news_type":1,"symbols_score_info":{"KVSA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137768,"gmtCreate":1625573324350,"gmtModify":1663230598837,"authorId":3579266597292844,"author":{"id":3579266597292844,"idStr":"3579266597292844","authorId":3579266597292844,"name":"LoneSurvivor","avatar":"https://static.tigerbbs.com/a82eb7b56f99eff92f30a4ece3e5c96c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.10","exceedPercentage":"80.80%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157185172,"type":1,"supId":0,"prevId":0,"content":"Is it you ? [Cool]","text":"Is it you ? [Cool]","html":"Is it you ? [Cool]"}],"langContent":"EN"},{"id":157186541,"gmtCreate":1625572900383,"gmtModify":1703744004673,"author":{"id":"3583016139705080","authorId":"3583016139705080","name":"Newnew","avatar":"https://static.tigerbbs.com/c1f72fa81dd8aa4df22904e9ff7b7c9b","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3583016139705080","idStr":"3583016139705080"},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157186541","repostId":1165946493,"repostType":4,"repost":{"id":"1165946493","kind":"news","pubTimestamp":1625570599,"share":"https://ttm.financial/m/news/1165946493?lang=en_US&edition=fundamental","pubTime":"2021-07-06 19:23","market":"us","language":"en","title":"Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm","url":"https://stock-news.laohu8.com/highlight/detail?id=1165946493","media":"Reuters","summary":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merg","content":"<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.</p>\n<p>The deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.</p>\n<p>Nextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.</p>\n<p>Founded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.</p>\n<p>A SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .</p>\n<p>The merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.</p>\n<p>Khosla Ventures Acquisition Co II raised $400 million in its IPO.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal ...</p>\n\n<a href=\"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVSA":"Khosla Ventures Acquisition Co."},"source_url":"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165946493","content_text":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.\nNextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.\nFounded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.\nA SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .\nThe merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.\nKhosla Ventures Acquisition Co II raised $400 million in its IPO.","news_type":1,"symbols_score_info":{"KVSA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5138047,"gmtCreate":1625574967612,"gmtModify":1635235921288,"authorId":3574686466924712,"author":{"id":3574686466924712,"idStr":"3574686466924712","authorId":3574686466924712,"name":"Ignis","avatar":"https://static.tigerbbs.com/543d1f3e8b4901fba226eb61e5713bc4","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.02.01","exceedPercentage":"93.14%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157186541,"type":1,"supId":0,"prevId":0,"content":"<u>hi</u>","text":"<u>hi</u>","html":"<u>hi</u>"}],"langContent":"EN"},{"id":157114805,"gmtCreate":1625572502407,"gmtModify":1703743995243,"author":{"id":"3563561143098282","authorId":"3563561143098282","name":"AlvinTham","avatar":"https://static.tigerbbs.com/845cfac0b817ce044b5bb49a395c4ca7","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3563561143098282","idStr":"3563561143098282"},"htmlText":"Comment and like pls, thanks!","listText":"Comment and like pls, thanks!","text":"Comment and like pls, thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/157114805","repostId":1165946493,"repostType":4,"repost":{"id":"1165946493","kind":"news","pubTimestamp":1625570599,"share":"https://ttm.financial/m/news/1165946493?lang=en_US&edition=fundamental","pubTime":"2021-07-06 19:23","market":"us","language":"en","title":"Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm","url":"https://stock-news.laohu8.com/highlight/detail?id=1165946493","media":"Reuters","summary":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merg","content":"<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.</p>\n<p>The deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.</p>\n<p>Nextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.</p>\n<p>Founded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.</p>\n<p>A SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .</p>\n<p>The merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.</p>\n<p>Khosla Ventures Acquisition Co II raised $400 million in its IPO.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal ...</p>\n\n<a href=\"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVSA":"Khosla Ventures Acquisition Co."},"source_url":"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165946493","content_text":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.\nNextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.\nFounded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.\nA SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .\nThe merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.\nKhosla Ventures Acquisition Co II raised $400 million in its IPO.","news_type":1,"symbols_score_info":{"KVSA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5144424,"gmtCreate":1625621458259,"gmtModify":1663230627236,"authorId":4087177783839250,"author":{"id":4087177783839250,"idStr":"4087177783839250","authorId":4087177783839250,"name":"Vegelick","avatar":"https://static.tigerbbs.com/6f43dd73ebe50ff5f12ccfc823cf9dbd","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157114805,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"},{"id":5137692,"gmtCreate":1625572820140,"gmtModify":1663230598934,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157114805,"type":1,"supId":0,"prevId":0,"content":"Gs","text":"Gs","html":"Gs"}],"langContent":"EN"},{"id":157115608,"gmtCreate":1625572387904,"gmtModify":1703743993279,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":12,"crmLevelSwitch":1,"authorIdStr":"3566821013640470","idStr":"3566821013640470"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/157115608","repostId":1165946493,"repostType":4,"repost":{"id":"1165946493","kind":"news","pubTimestamp":1625570599,"share":"https://ttm.financial/m/news/1165946493?lang=en_US&edition=fundamental","pubTime":"2021-07-06 19:23","market":"us","language":"en","title":"Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm","url":"https://stock-news.laohu8.com/highlight/detail?id=1165946493","media":"Reuters","summary":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merg","content":"<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.</p>\n<p>The deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.</p>\n<p>Nextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.</p>\n<p>Founded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.</p>\n<p>A SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .</p>\n<p>The merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.</p>\n<p>Khosla Ventures Acquisition Co II raised $400 million in its IPO.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal ...</p>\n\n<a href=\"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVSA":"Khosla Ventures Acquisition Co."},"source_url":"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165946493","content_text":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.\nNextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.\nFounded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.\nA SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .\nThe merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.\nKhosla Ventures Acquisition Co II raised $400 million in its IPO.","news_type":1,"symbols_score_info":{"KVSA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137693,"gmtCreate":1625572825894,"gmtModify":1663230598846,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157115608,"type":1,"supId":5137635,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"},{"id":5137635,"gmtCreate":1625572515619,"gmtModify":1663230596334,"authorId":3563561143098282,"author":{"id":3563561143098282,"idStr":"3563561143098282","authorId":3563561143098282,"name":"AlvinTham","avatar":"https://static.tigerbbs.com/845cfac0b817ce044b5bb49a395c4ca7","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157115608,"type":1,"supId":0,"prevId":0,"content":"Comment and like pls, thanks!","text":"Comment and like pls, thanks!","html":"Comment and like pls, thanks!"},{"id":5137619,"gmtCreate":1625572394218,"gmtModify":1663230595440,"authorId":3566821013640470,"author":{"id":3566821013640470,"idStr":"3566821013640470","authorId":3566821013640470,"name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":12,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157115608,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":157131489,"gmtCreate":1625571163041,"gmtModify":1703743974966,"author":{"id":"3585965868931213","authorId":"3585965868931213","name":"Linh2","avatar":"https://static.tigerbbs.com/d101c32296230bd77b11c7e24be3ea58","vip":1,"crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3585965868931213","idStr":"3585965868931213"},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/157131489","repostId":1165946493,"repostType":4,"repost":{"id":"1165946493","kind":"news","pubTimestamp":1625570599,"share":"https://ttm.financial/m/news/1165946493?lang=en_US&edition=fundamental","pubTime":"2021-07-06 19:23","market":"us","language":"en","title":"Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm","url":"https://stock-news.laohu8.com/highlight/detail?id=1165946493","media":"Reuters","summary":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merg","content":"<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.</p>\n<p>The deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.</p>\n<p>Nextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.</p>\n<p>Founded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.</p>\n<p>A SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .</p>\n<p>The merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.</p>\n<p>Khosla Ventures Acquisition Co II raised $400 million in its IPO.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNextdoor to go public via $4.3 bln merger with Khosla-backed blank-check firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 19:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal ...</p>\n\n<a href=\"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVSA":"Khosla Ventures Acquisition Co."},"source_url":"https://www.reuters.com/article/nextdoor-ma-khosla-ventures/nextdoor-to-go-public-via-4-3-bln-merger-with-khosla-backed-blank-check-firm-idUSL3N2OI2MV","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165946493","content_text":"July 6 (Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion.\nThe deal with special purpose acquisition company (SPAC) Khosla Ventures Acquisition Co II(KVSB.O)includes a private investment of $270 million from Baron Capital Group, Dragoneer, accounts advised by T. Rowe Price Associates and Cathie Wood's ARK Invest.\nNextdoor Chief Executive Officer Sarah Friar and existing investors Tiger Global and Hedosophia will also invest in the deal, which will generate proceeds of about $686 million for the combined company.\nFounded in 2011, the San Francisco-based company allows members to use its mobile app and website to seek advice from their neighbors on anything from babysitters to organizing local sports clubs or dealing with rodent infestation.\nA SPAC is a shell company that seeks to merge with a private company and in the process takes it public. SPAC mergers gained popularity last year, but are experiencing a slowdown due to weak investor appetite and greater regulatory scrutiny .\nThe merger, which comes against the backdrop of a lull in dealmaking due to weak investor appetite and greater regulatory scrutiny in the SPAC market, is expected to close in the fourth quarter this year.\nKhosla Ventures Acquisition Co II raised $400 million in its IPO.","news_type":1,"symbols_score_info":{"KVSA":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5137582,"gmtCreate":1625572107296,"gmtModify":1663230594479,"authorId":3576231438371359,"author":{"id":3576231438371359,"idStr":"3576231438371359","authorId":3576231438371359,"name":"yl2021","avatar":"https://static.tigerbbs.com/9130003d93212acf586123bc8fe8a1e0","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":157131489,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":46,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1165946493","isCrawlerRequest":true}