{"schema_version":"secwatch.filing_event.v1","accession":"0001819395-24-000015","form_type":"8-K","ticker":null,"cik":"0001819395","company_name":"Sonder Holdings Inc.","filed_at":"2024-03-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.676481+00:00","generated_at":"2026-06-04T17:44:30.493406+00:00","sec_items":["2.02","2.06","4.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sonder restates 2022-2023 financials on lease ROU impairment errors; delays 10-K","bullets":["Audit committee determines 2022 annual and 2023 quarterly financials should no longer be relied upon due to lease ROU valuation errors.","Non-cash impairment charges expected to increase net loss and loss per share for impacted periods; no cash impact.","Preliminary FY2023 revenue ~$603M; Q4 RevPAR $150, occupancy 82%; free cash flow (ex-restructuring) ~-$119M for FY.","Company expects Nasdaq notice for late 10-K filing; seeking lender waivers to avoid debt acceleration.","Cash and equivalents $136.5M at Dec 31, 2023 (incl $40.7M restricted); exploring liquidity improvements after 38% headcount cut."],"urls":{"canonical":"https://secwatch.observer/filing/0001819395-24-000015","json":"https://secwatch.observer/filing/0001819395-24-000015.json","markdown":"https://secwatch.observer/filing/0001819395-24-000015.md","text":"https://secwatch.observer/filing/0001819395-24-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819395/000181939524000015/0001819395-24-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819395/000181939524000015/son-20240314.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T17:44:30.493406+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":"30420e039fdc1f0a3ba8f3f919dc6ae64c722060","claim":"Sonder Holdings Inc. reported preliminary financial results for fourth quarter and year ended December 31, 2023.","evidence_excerpt":"On March 15, 2024, Sonder Holdings Inc. (the “Company”) issued a press release announcing certain preliminary financial information for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819395/000181939524000015/0001819395-24-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year ended December 31, 2023"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"120e7ff43fad9e6a2e71d86ceda99379598dbe60","claim":"Sonder Holdings Inc. announced a impairment affecting operating lease right of use assets and related items.","evidence_excerpt":"The Company recently identified accounting errors related to the valuation and impairment of operating lease right of use assets and related items for the fiscal years 2022 and 2023.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819395/000181939524000015/0001819395-24-000015-index.htm","confidence":0.7,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Affected area","value":"operating lease right of use assets and related items"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}