UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 7.01 Regulation FD Disclosure
As previously disclosed in a Current Report on Form 8-K filed with the Securities and Exchange Commission on March 27, 2023, Khosla Ventures Acquisition Co. III (the “Company”) did not consummate, or execute a letter of intent, agreement in principle or definitive agreement for, an initial business combination on or before March 26, 2023, and therefore in accordance with the Company’s certificate of incorporation the Company announced its intention to (i) cease all operations except for the purpose of winding up, (ii) redeem 100% of the outstanding shares of Class A common stock issued in its initial public offering, and (iii) dissolve and liquidate.
The Company has been informed by Continental Stock Transfer & Trust Company (the “Trustee”) that the final per-share redemption price is $10.19, after distributions from the trust account for tax expenses and $100,000 for dissolution expenses. The Trustee expects to release the funds for the redemption on April 10, 2023, or as soon as practicable thereafter.
The information in this Current Report on Form 8-K is being furnished pursuant to Item 7.01 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise be subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any of the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in any such filing.
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.
| Khosla Ventures Acquisition Co. III | ||||||
| Date: April 5, 2023 | By: | /s/ Peter Buckland | ||||
| Name: | Peter Buckland | |||||
| Title: | Chief Financial Officer | |||||