IPO - Sonder Holdings Inc.

Form Type: S-1

Filing Date: 2025-02-13

Corporate Action: Ipo

Type: New

Accession Number: 000175392625000243

Filing Summary: Sonder Holdings Inc. filed a registration statement under the Securities Act of 1933 for the public offering of 127,018,140 shares of its Common Stock. The offering includes shares to be offered by the company and shares for resale by certain stockholders, including conversions from convertible preferred stock and exercises of warrants. The company intends to commence the proposed offering upon the effectiveness of the registration statement. As an emerging growth company, Sonder is subject to different public company reporting requirements. The document mentions recent compliance with Nasdaq rules after initial delinquency, and a notice was received that the company's stock and warrants would be suspended if compliance was not achieved. The filing highlights the operational model focusing on technology-enabled services in the hospitality industry, relationships with real estate owners, and details concerning authorized shares following amendments to the articles of incorporation.

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