SPAC Khosla Ventures Acquisition Corp. (NASDAQ:KVSA) has entered into a non-binding letter of intent with an unnamed company for a potential merger.
Khosla said it would furnish additional details about the company and the deal if a definitive agreement is signed. The SPAC has until June 8 to consummate a deal, it said in a filing.
Khosla had been slated to merge with Valo Health in a deal that valued the combined company at around $2.8B. The deal was mutually terminated in November.
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