{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-25-000627","form_type":"8-K","ticker":null,"cik":"0001819395","company_name":"Sonder Holdings Inc.","filed_at":"2025-04-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.871843+00:00","generated_at":"2026-05-23T15:36:28.066202+00:00","sec_items":["1.01","3.02","5.03","5.07","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sonder raises $18M in Series A preferred, cuts debt principal 15%, targets $50M annual cost savings","bullets":["Sold 17.98M Series A preferred shares at $1.00 each for ~$17.98M gross; CEO Davidson bought $595K.","Amended Note Purchase Agreement: 15% principal reduction, ~50% interest rate cut; issued warrants for up to 5M shares at $1.00.","Reduced SVB revolving line from $60M to $35M; received $7.5M key money from Marriott on April 11.","Marriott integration (Sonder by Marriott Bonvoy) expected complete by end of Q2 2025; $50M annualized cost savings targeted.","Stockholders with ~58% voting power agreed to vote for share issuance and authorized share increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-25-000627","json":"https://secwatch.observer/filing/0001753926-25-000627.json","markdown":"https://secwatch.observer/filing/0001753926-25-000627.md","text":"https://secwatch.observer/filing/0001753926-25-000627.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819395/000175392625000627/0001753926-25-000627-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819395/000175392625000627/g084774_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T15:36:28.066202+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6c0b6f4b149fd9da8d2521a2f11a2e6173fbedd3","claim":"Sonder Holdings Inc.: Amendment to Certificate of Designation to increase authorized shares of Series A Preferred Stock from 43.3 million to 61.28 million (effective 2025-04-11).","evidence_excerpt":"the Company filed a Certificate of Amendment to the Certificate of Designation to increase the number of authorized shares of Series A Preferred Stock from 43.3 million to 61.28 million.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819395/000175392625000627/0001753926-25-000627-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-04-11"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}