Nextdoor Holdings Reports 2024 Annual Meeting Results

TL;DR

Nextdoor shareholders re-elected directors and approved auditor at the 2024 annual meeting.

AI Summary

On June 21, 2024, Nextdoor Holdings, Inc. filed an 8-K report detailing several key events. The company announced the results of its 2024 Annual Meeting of Stockholders, where all nominated directors were elected and a proposal to ratify the appointment of its independent registered public accounting firm was approved. Additionally, the company reported on amendments to its bylaws and submitted matters to a vote of security holders.

Why It Matters

This filing provides transparency on corporate governance decisions and shareholder voting outcomes, which can influence investor confidence and the company's strategic direction.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance matters and shareholder meeting results, posing no immediate significant risk.

Key Players & Entities

• Nextdoor Holdings, Inc. (company) — Registrant
• June 21, 2024 (date) — Date of Report
• 2024 Annual Meeting of Stockholders (event) — Shareholder Meeting

FAQ

Key Financial Figures

• $0.0001 — stered Class A common stock, par value $0.0001 per share KIND New York Stock Exchang

Filing Documents

• kind-20240621.htm (8-K) — 44KB
• kind-charter.htm (EX-3.1) — 116KB
• 0001846069-24-000163.txt ( ) — 307KB
• kind-20240621.xsd (EX-101.SCH) — 2KB
• kind-20240621_lab.xml (EX-101.LAB) — 22KB
• kind-20240621_pre.xml (EX-101.PRE) — 13KB
• kind-20240621_htm.xml (XML) — 3KB

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. As noted below, on June 18, 2024, the stockholders of Nextdoor Holdings, Inc. (the "Company") approved an amendment to the Company's Amended and Restated Certificate of Incorporation (the "Certificate of Amendment") to provide for the exculpation of officers as permitted pursuant to recent amendments to the Delaware General Corporation Law ("DGCL"), as well as make certain other technical and administrative changes. On June 18, 2024, the Company filed an Amended and Restated Certificate of Incorporation with the Delaware Secretary of State to effect such amendments, which became effective upon acceptance by the Delaware Secretary of State. A copy of the Amended and Restated Certificate of Incorporation is filed as Exhibit 3.1 to this Current Report on Form 8-K.

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On June 18, 2024, the Company held its 2024 Annual Meeting of Stockholders virtually (the "Annual Meeting"). The Company's stockholders voted on five proposals at the Annual Meeting, each of which is described in more detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission (the "SEC") on April 16, 2024, as supplemented by the Company's supplemental definitive proxy statement filed with the SEC on May 7, 2024. There were 1,930,935,109 aggregate shares of Class A common stock and Class B common stock present at the Annual Meeting, online or by proxy, which constituted a quorum for the transaction of business. In deciding the proposals at the Annual Meeting, each share of Class A common stock represented one vote and each share of Class B common stock represented ten votes. At the Annual Meeting, the Company's stockholders voted on the following proposals: 1. To elect one Class III director of the Company (Chris Varelas) to serve a three-year term expiring at the 2027 Annual Meeting of Stockholders and until such director's successor is duly elected and qualified; 2. To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; 3. To approve, on a non-binding advisory basis, the compensation of the Company's named executive officers; 4. To approve the amendment of the Company's Amended and Restated Certificate of Incorporation to limit the liability of certain of the Company's officers as permitted pursuant to the DGCL; and 5. To elect two Class III directors of the Company, each to serve a three-year term expiring at the 2027 Annual Meeting of Stockholders and until each such director's successor is duly elected and qualified: 5a. Marissa Mayer; 5b. Niraj Shah. The final results for each of these proposals are as follows: Proposal 1: Election of Directors.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Amended and Restated Certificate of Incorporation, filed June 18, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NEXTDOOR HOLDINGS, INC. Date: June 21, 2024 By: /s/ Matt Anderson Matt Anderson Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR