Sonder Holdings INC
Market Movers (8-K)
Sonder Holdings Inc. has filed for Chapter 7 bankruptcy, effective November 14, 2025, following the immediate termination of its material License Agreement with Marriott International.
Worse than expected
Sonder Holdings Inc. announced the postponement of its 2025 annual meeting of stockholders, originally scheduled for November 6, 2025, to a future date yet to be determined.
Delay expected
Worse than expected
Sonder Holdings Inc. received a notice from Nasdaq regarding non-compliance with the minimum Market Value of Publicly Held Shares requirement, triggering a 180-day compliance period.
Worse than expected
Sonder Holdings Inc. reported mixed second quarter 2025 financial results, with strong RevPAR and occupancy growth offset by decreased revenue and a widened net loss, alongside the full integration of its Marriott partnership.
Worse than expected
Capital raise
Sonder Holdings Inc. announced the resignation of Sean Aggarwal from its Board of Directors and the appointment of Paul Stewart Aronzon and Jeffrey Stein as new independent Class I directors, expanding the board to eight members.
Sonder Holdings Inc. announced it is evaluating financing and strategic alternatives, concurrent with the resignation of Chief Real Estate Officer Martin Picard, who plans to participate in a potential bid for the company.
Capital raise
Worse than expected
Quarterly Earnings (10-Q)
Sonder Holdings Inc. reports Q2 2025 net loss, announces CEO transition, completes capital raises, and faces substantial doubt about its ability to continue as a going concern.
Worse than expected
Capital raise
Delay expected
Sonder Holdings reports narrowed net losses and improved cash flow in Q1 2025, driven by cost-saving initiatives and Marriott integration, despite a revenue decline and ongoing going concern doubts.
Worse than expected
Capital raise
Delay expected
Sonder Holdings' Q3 2024 revenue saw a slight increase, driven by RevPAR growth, while the company continues its portfolio optimization efforts and navigates going concern uncertainties.
Worse than expected
Capital raise
Sonder Holdings Inc. announced its Q2 2024 results, showing a net income of $32.7 million, driven by lease adjustments, while also highlighting ongoing restructuring efforts and a new strategic partnership with Marriott.
Worse than expected
Delay expected
Capital raise
10-Q: Sonder Holdings Inc. Reports First Quarter 2024 Results Amidst Restructuring and Strategic Shifts
Sonder Holdings Inc. released its first quarter 2024 results, showing revenue growth alongside ongoing restructuring efforts and strategic initiatives to improve financial stability.
Worse than expected
Delay expected
Capital raise
Annual Reports (10-K)
Sonder Holdings Inc. filed an amendment to its 2024 Annual Report on Form 10-K solely to update its auditor's consent with inadvertently omitted registration statement references.
10-K: Sonder Holdings Grapples with Going Concern Doubt Amidst Strategic Shifts and Marriott Integration
Sonder Holdings Inc. reported a reduced net loss and improved Adjusted Free Cash Flow for fiscal year 2024, driven by portfolio optimization and a strategic integration with Marriott, yet management expressed substantial doubt about the company's ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
Sonder Holdings Inc. outlines its capital stock structure, including common, special voting, and preferred shares, along with the terms for publicly traded warrants in a recent SEC filing.
Insider Trading (Form 4)
Francis Davidson, CEO of Sonder Holdings, reports the acquisition of Series A Convertible Preferred Stock that can be converted into common stock upon shareholder approval.
Martin Picard, Chief Real Estate Officer of Sonder Holdings Inc., files an amended Form 4 to correct previously over-reported securities acquired.
Francis Davidson, CEO of Sonder Holdings Inc., files an amended Form 4 to correct previously reported stock ownership figures due to an administrative error.
Form 4: Sonder Holdings Inc. Executive Martin Picard Reports Acquisition and Disposal of Common Stock
Chief Real Estate Officer of Sonder Holdings Inc., Martin Picard, reports the acquisition of 503,774 shares of common stock and disposal of 2,570 shares on March 4, 2025, along with the grant of restricted stock units.
Francis Davidson, CEO of Sonder Holdings, reports the acquisition of restricted stock units and disposal of shares.
Director Simon Turner reports acquisition of shares and vesting of restricted stock units (RSUs) in Sonder Holdings Inc.
Delay expected
Proxy Statements (Def-14A)
Sonder Holdings Inc. has filed definitive additional materials related to its proxy statement pursuant to Section 14(a) of the Securities Exchange Act of 1934.
Sonder Holdings Inc. will hold its Annual Meeting on November 6, 2025, seeking stockholder approval for director elections, auditor ratification, warrant share issuance, and an increase in authorized capital stock.
Delay expected
Worse than expected
Capital raise
Sonder Holdings is holding a special meeting of stockholders to approve the issuance of shares related to preferred stock conversion and warrants, as well as an amendment to increase the company's authorized shares.
Capital raise
Sonder Holdings Inc. has amended its proxy statement to correct clerical errors regarding the number of shares issued and outstanding and the quorum requirement for its upcoming annual meeting.
Sonder Holdings Inc. will hold its 2024 Annual Meeting virtually on December 23, 2024, to vote on director elections, amendments to the company's capital stock, equity incentive plan, and the ratification of Deloitte & Touche LLP as its independent accounting firm.
Capital raise
Sonder Holdings is asking stockholders to approve increasing authorized shares and amending its equity incentive plan at the upcoming annual meeting.
Capital raise
New Public Companies (S-1)
Sonder Holdings seeks to register the resale of over 127 million shares of common stock by existing stockholders, amidst concerns about the company's ability to continue as a going concern.
Delay expected
Capital raise
Worse than expected
Schedule 13D - Activist Investments
SCHEDULE 13D/A: Sonder Holdings CEO Francis Davidson Boosts Stake to 18.8% Through New Equity Grants
Sonder Holdings Inc. CEO Francis Davidson has significantly increased his beneficial ownership in the company to 18.8% of outstanding common stock, primarily through new restricted stock unit grants and convertible preferred shares.
SCHEDULE 13D: Sonder Holdings CEO Francis Davidson Boosts Stake to 16.2% Amidst Strategic Capital Raise
Sonder Holdings, Inc. CEO Francis Davidson has significantly increased his beneficial ownership to 16.2% through a recent private placement and other transactions, as detailed in a new Schedule 13D filing.
Capital raise
Schedule 13G - Passive Investments
Spark Capital IV, L.P., Spark Capital Founders' Fund IV, L.P., and Spark Management Partners IV, LLC have reported a 0% beneficial ownership in Sonder Holdings Inc., indicating a full divestment of their previously held stake.
Worse than expected
SCHEDULE 13G: Polar Asset Management Partners Discloses Significant 19.9% Stake in Sonder Holdings Inc.
Polar Asset Management Partners Inc. has reported a 19.9% beneficial ownership stake in Sonder Holdings Inc., primarily through convertible Series A Preferred Stock.
iNovia Growth Capital Inc. and iNovia Growth Fund, L.P. have filed an amended Schedule 13G, disclosing a combined beneficial ownership of 9.99% in Sonder Holdings Inc. as of December 31, 2024.
Capital raise
SCHEDULE 13G/A: Valor Entities Maintain Significant Stake in Sonder Holdings, Disclosing 9.9% Beneficial Ownership
A group of Valor entities and Antonio J. Gracias have filed an amended Schedule 13G, reaffirming their collective beneficial ownership of 9.9% of Sonder Holdings Inc.'s common stock as of December 31, 2024.