Khosla Ventures Acquisition II, the second blank check company formed by Khosla Ventures targeting proprietary tech with large market opportunities, raised $400 million by offering 40 million shares at $10. The offering did not contain units with warrants attached.
The SPAC's management team consists of founder Vinod Khosla, who is the founder of Khosla Ventures; CEO Samir Kaul, founding partner and Managing Director of Khosla; and CFO and COO Peter Buckland, a Partner, Managing Director, and COO of Khosla. The three managers have similar roles at Khosla's other two blank check companies (KVSA, KVSC).
Khosla Ventures Acquisition II plans to list on the Nasdaq under the symbol KVSB. Citi and Goldman Sachs acted as lead managers on the deal.
