---
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"
generated_at: "2026-05-23T15:36:28.066202+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sonder raises $18M in Series A preferred, cuts debt principal 15%, targets $50M annual cost savings

## Summary
- 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.

## SEC filing metadata
- accession: 0001753926-25-000627
- form_type: 8-K
- cik: 0001819395
- company_name: Sonder Holdings Inc.
- filed_at: 2025-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 5.07, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-25-000627
- JSON: https://secwatch.observer/filing/0001753926-25-000627.json
- Plain text: https://secwatch.observer/filing/0001753926-25-000627.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2025-04-11
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1819395/000175392625000627/0001753926-25-000627-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.