Name | Value |
---|---|
Revenues | 0.0K |
Cost of Revenue | 0.0K |
Gross Profit | 0.0K |
Operating Expense | 856.0K |
Operating I/L | -856.0K |
Other Income/Expense | 2,978.7K |
Interest Income | 0.0K |
Pretax | 2,122.7K |
Income Tax Expense | 716.5K |
Net Income/Loss | 1,406.2K |
Khosla Ventures Acquisition Co. is a blank check company with no significant operations. It aims to merge, acquire assets, or reorganize with one or more businesses. The company generates revenue through the process of identifying and completing business combinations. As a special purpose acquisition company (SPAC), it raises funds through an initial public offering (IPO) and then seeks a private company to merge with, allowing the private company to go public without conducting its own IPO.