Sumitomo Mitsui Trust Group and Amova Asset Management Report 5.7% Stake in Nextdoor Holdings

Sumitomo Mitsui Trust Group, Inc. and Amova Asset Management Co., Ltd. have filed a Schedule 13G reporting a 5.7% ownership in Nextdoor Holdings, Inc. The filing indicates that both entities share voting and dispositive power over 13,660,830 shares of Class A common stock. The securities are held through their subsidiary, Amova Asset Management Americas, Inc. The filing also details the classification of the entities as parent holding companies and non-U.S. institutions. The report is certified to confirm that the shares were acquired and are held in the ordinary course of business, without the intent to influence control of the issuer.