secwatch.observer — SEC 8-K summary
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Issuer:     Sonder Holdings Inc. (—)
CIK:        0001819395
Form:       8-K
Filed at:   2025-11-14T23:59:59+00:00
Accession:  0001628280-25-052329
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 1.02, 1.03, 2.04, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonder Holdings files Chapter 7 bankruptcy; Marriott terminates license, expects Nasdaq delisting
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- Filed voluntary Chapter 7 bankruptcy petitions on Nov 14, 2025, in Delaware Bankruptcy Court.
- Marriott terminated License Agreement on Nov 7, 2025, ending Sonder by Marriott Bonvoy collection.
- Bankruptcy triggered defaults on ~$235.4M total debt across three credit facilities (2021 NPA, 2025 NPA, 2025 Marriott Loan).
- Expects Nasdaq delisting; common stock trading highly speculative, stockholders may face complete loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819395/000162828025052329/0001628280-25-052329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819395/000162828025052329/son-20251107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-052329

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