SAN FRANCISCO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND) (“Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on November 20, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024 (the “Q3 Form 10-Q”), as described more fully in the Company's Form 12b-25 Notification of Late Filing (the “Form 12b-25”) filed with the Securities and Exchange Commission (the "SEC") on November 14, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.

Preferred Equity Transaction and Previously Announced Actions Will Enhance Liquidity Profile by ~$146 Million to Support Long-Term Profitable Growth

SAN FRANCISCO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it has received a letter from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it remains delinquent in filing its Forms 10-Q for the periods ended March 31 and June 30, 2024 (the “Forms 10-Q”), respectively (the “Delinquent Filings”), the Staff has determined that the Company is non-compliant with Nasdaq Listing Rule 5250(c)(1). Previously, the Staff granted the Company an exception until September 30, 2024, to file all delinquent periodic reports. Additionally, the Company was previously deemed delayed on the filing of the Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”); however, the Company has since filed the 2023 Form 10-K on September 27, 2024, and the Staff determined that the Company complies with respect to the 2023 Form 10-K. As a result of the Delinquent Filings, the Company’s common stock and warrants are subject to suspension in trading on October 10, 2024, and delisting from Nasdaq unless the Company appeals and requests a hearing before a Hearings Panel (“Hearings Panel”) by 4:00 Eastern Time on October 8, 2024.

SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND or the “Company”), a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced that holders of approximately 57% of Sonder’s outstanding shares of common stock voted to approve all proposals at a Special Meeting of Shareholders held on September 30, 2024.

SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on August 15, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”), as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the "SEC") on August 9, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.

Strategic agreement expected to deliver significant revenue opportunities and cost efficiencies

NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sonder Holdings Inc. (NASDAQ: SOND) on behalf of long-term stockholders following a class action complaint that was filed against Sonder on April 11, 2024 with a Class Period from March 16, 2023 to March 15, 2024. Our investigation concerns whether the board of directors of Sonder have breached their fiduciary duties to the company.

SAN FRANCISCO, June 11, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND) (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, today announced that it has entered into an amendment to its existing note and warrant purchase agreement (the “Financing”) with a syndicate of investors, which provides for, among other things, additional commitments with an aggregate principal amount of $10 million, which will improve the Company’s unrestricted liquidity.

WHY: NEW YORK, NY - (NewMediaWire) - June 10, 2024 - Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. 

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WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sonder Holdings Inc. (“Sonder” or “the Company”) (NASDAQ: SOND) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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WHY: NEW YORK, NY - (NewMediaWire) - June 09, 2024 - Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. 

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WHY: NEW YORK, NY - (NewMediaWire) - June 08, 2024 - Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. 

NEW YORK, June 07, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Ocugen, Inc. (NASDAQ: OCGN), Sonder Holdings Inc. (NASDAQ: SOND), QuidelOrtho Corporation (NASDAQ: QDEL), and Perion Network Ltd. (NASDAQ: PERI). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

Glancy Prongay & Murray LLP (“GPM”), announces that it has filed a class action lawsuit in the United States District Court for the Central District of California, captioned Park v. Sonder Holdings Inc., et al., Case No. 2:24-cv-04798, on behalf of persons and entities that purchased or otherwise acquired Sonder Holdings Inc. (“Sonder” or the “Company”) (NASDAQ: SOND) securities between May 11, 2022 and March 15, 2024, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).

WHY: NEW YORK, NY - (NewMediaWire) - June 07, 2024 - Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. 

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The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sonder Holdings Inc. (“Sonder” or “the Company”) (NASDAQ: SOND) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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WHY: NEW YORK, NY - (NewMediaWire) - June 6, 2024 - Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm. 

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WHY: NEW YORK, NY - (NewMediaWire) - June 05, 2024 - Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sonder Holdings Inc. (NASDAQ: SOND) between March 16, 2023 and March 15, 2024, both dates inclusive (the “Class Period”), of the important June 10, 2024 lead plaintiff deadline in the securities class action first filed by the Firm.