Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Sonder Holdings Inc. faced acceleration on credit facility of approximately $205.6 million with the investors party thereto from time to time at increases in the rates of interest.
- Instrument
- credit facility
- Principal
- approximately $205.6 million
- Counterparty
- the investors party thereto from time to time
- Rate
- increases in the rates of interest
- Event
- acceleration
Exact text from the filing
Inc. as administrative agent and collateral agent and the lenders party thereto from time to time. As of June 30, 2025, the Company had an aggregate of approximately $205.6 million principal amount outstanding under the 2021 NPA. As of August 5, 2025, the Company had an aggregate of approximately $24.54 million principal amount outstanding under the 2025
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Sonder Holdings Inc. faced acceleration on credit facility of approximately $24.54 million with the investors party thereto from time to time at increases in the rates of interest.
- Instrument
- credit facility
- Principal
- approximately $24.54 million
- Counterparty
- the investors party thereto from time to time
- Rate
- increases in the rates of interest
- Event
- acceleration
Exact text from the filing
the Company had an aggregate of approximately $205.6 million principal amount outstanding under the 2021 NPA. As of August 5, 2025, the Company had an aggregate of approximately $24.54 million principal amount outstanding under the 2025 NPA. As of October 31, 2025, the Company had an aggregate of approximately $5.3 million principal amount outstanding under the 2025
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Sonder Holdings Inc. faced acceleration on credit facility of approximately $5.3 million with Marriott International, Inc. as administrative agent and collateral agent and the lenders party thereto from time to time at increases in the rates of interest.
- Instrument
- credit facility
- Principal
- approximately $5.3 million
- Counterparty
- Marriott International, Inc. as administrative agent and collateral agent and the lenders party thereto from time to time
- Rate
- increases in the rates of interest
- Event
- acceleration
Exact text from the filing
Company had an aggregate of approximately $24.54 million principal amount outstanding under the 2025 NPA. As of October 31, 2025, the Company had an aggregate of approximately $5.3 million principal amount outstanding under the 2025 Marriott Loan Agreement. The 2021 NPA, 2025 NPA and 2025 Marriott Loan Agreement provide for increases in the rates of interest under
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Distress & Bankruptcy
SEC 8-K Item 1.03
confidence 0.9
Sonder Holdings Inc. entered chapter 7 in U.S. Bankruptcy Court for the District of Delaware (petition 2025-11-14).
- Proceeding
- chapter 7
- Court
- U.S. Bankruptcy Court for the District of Delaware
- Petition
- 2025-11-14
Exact text from the filing
Voluntary Petition for Bankruptcy On November 14, 2025 (the “Petition Date”), the Company and certain of its direct and indirect subsidiaries (collectively, the “Company Parties”) filed voluntary petitions to commence proceedings under chapter 7 (the “Proceedings”) of title 11 of the United States Code (the “Bankruptcy Code”) in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”)
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