Item 8.01 Other Events.

On June 1, 2022, Nextdoor Holdings, Inc. (the "Company") announced that the Company's board of directors authorized and approved a share repurchase program (the "Share Repurchase Program") pursuant to which the Company may repurchase up to $100.0 million in aggregate of shares of the Company's Class A common stock, par value $0.0001 per share (the "Class A common stock"), with the authorization to expire on June 30, 2024.

Repurchases of Class A common stock under the Share Repurchase Program may be made from time to time, on the open market, in privately negotiated transactions or by other methods, at the Company's discretion, and in accordance with the limitations set forth in Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended, and other applicable federal and state laws and regulations. The timing of any repurchases will depend on market conditions and will be made at the Company's discretion. The Company currently anticipates that the Share Repurchase Program will extend through June 30, 2024, or such shorter period if $100.0 million in aggregate of shares of the Company's Class A common stock have been repurchased.

The Share Repurchase Program does not obligate the Company to repurchase any dollar amount or number of shares, and the program may be extended, modified, suspended, or discontinued at any time.

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