---
schema_version: "secwatch.filing_event.v1"
accession: "0001819395-23-000141"
form_type: "8-K"
ticker: null
cik: "0001819395"
company_name: "Sonder Holdings Inc."
filed_at: "2023-09-19T23:59:59+00:00"
generated_at: "2026-06-10T13:44:52.084215+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Sonder Holdings announces 1-for-20 reverse stock split to regain Nasdaq $1 bid compliance

## Summary
- Reverse split effective after close Sep 20; trading on split-adjusted basis starts Sep 21 under ticker SOND.
- Authorized common shares reduced from 400M to 20M; special voting common from 40M to 2M.
- Stockholders approved split at Sep 15 special meeting: 124.1M for, 401.7K against.
- Warrants adjusted: every 20 warrants now exercisable for one share at $230.00 (20x $11.50).
- Action cures Nasdaq minimum bid price deficiency; stock was trading below $1.00.

## SEC filing metadata
- accession: 0001819395-23-000141
- form_type: 8-K
- cik: 0001819395
- company_name: Sonder Holdings Inc.
- filed_at: 2023-09-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819395/000181939523000141/0001819395-23-000141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819395/000181939523000141/son-20230915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819395-23-000141
- JSON: https://secwatch.observer/filing/0001819395-23-000141.json
- Plain text: https://secwatch.observer/filing/0001819395-23-000141.txt

## Key facts
- Governance Changes
  Sonder Holdings Inc.: Filed certificate of amendment to effect a 1-for-20 reverse stock split of common stock and special voting common stock, reducing authorized shares accordingly (effective 2023-09-20).
  - Change: charter amendment
  - Effective: 2023-09-20
  source text: On September 19, 2023, Sonder Holdings Inc. (the “ Company ”) filed a certificate of amendment to the Company’s Amended and Restated Certificate of Incorporation (the “ Certificate of Amendment ”) with the Secretary of State of the State of Delaware to effect a 1-for-20 reverse stock split (the “ Reverse Stock Split ”) of the outstanding shares of the Company’s common stock (including special voting common stock), par value $0.0001 per share, effective as of 4:01 p.m., Eastern Time, on September 20, 2023 (the “ Effective Time ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819395/000181939523000141/0001819395-23-000141-index.htm
- Shareholder Votes
  Sonder Holdings Inc. shareholders approved Authorization and approval of proposed amendments to the Amended and Restated Certificate of Incorporation to effect a reverse stock split and reduce the total number of authorized shares of common stock at the 2023-09-15 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-09-15
  source text: 1. The authorization and approval of proposed amendments to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split and reduce the total number of authorized shares of common stock. This proposal was approved as set forth below: For Against Abstain Broker Non-Votes 124,132,918 401,670 20,550 N/A
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819395/000181939523000141/0001819395-23-000141-index.htm

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