Brief: Khosla Ventures Did Not Consummate Agreement In Principle/Definitive Agreement For, Initial Business Combination On/Before March 26

Khosla Ventures Acquisition Co

27/03/2023 11:38

March 27 (Reuters) - Khosla Ventures Acquisition III Co
 KVSC.O :
    * KHOSLA VENTURES ACQUISITION III - DID NOT CONSUMMATE
AGREEMENT
IN PRINCIPLE/DEFINITIVE AGREEMENT FOR, INITIAL BUSINESS
COMBINATION ON/BEFORE MARCH 26
    * KHOSLA VENTURES ACQUISITION III - IN ACCORDANCE WITH
CERTIFICATE
OF INCORPORATION, CO SHALL CEASE ALL OPERATIONS EXCEPT FOR
PURPOSE OF WINDING UP
    * KHOSLA VENTURES ACQUISITION III - AS PROMPTLY AS POSSIBLE
BUT
NOT LATER THAN APRIL 7 REDEEM 100% OF SHARES OF CLASS A COMMON
STOCK ISSUED IN ITS IPO
    * KHOSLA VENTURES ACQUISITION III CO- EXPECTS THAT NASDAQ
WILL
FILE A FORM 25 WITH UNITED STATES SECURITIES & EXCHANGE
COMMISSION TO DELIST CO’S SECURITIES
    * KHOSLA VENTURES ACQUISITION III - SHALL REDEEM 100% OF
OUTSTANDING SHARES OF CLASS A COMMON STOCK AT PER-SHARE
REDEMPTION PRICE OF ABOUT $10.12
    * KHOSLA VENTURES ACQUISITION III - EXPECTS TO FILE FORM 15
WITH
SEC TO TERMINATE REGISTRATION OF SECURITIES

Further company coverage:  KVSC.O 

 ((Reuters.Briefs@thomsonreuters.com;))