regulatory
confidence high
sentiment negative
materiality 0.65
Sonder Holdings Inc.: Nasdaq/NYSE listing notice — Sonder receives Nasdaq deficiency notice for late Q1 2024 10-Q and 2023 10-K
Sonder Holdings Inc.
- Notice received May 16, 2024 for non-compliance with Nasdaq Listing Rule 5250(c)(1) due to delayed 10-Q and 10-K filings.
- Company must submit compliance plan by June 3, 2024; Nasdaq may grant extension to September 30, 2024.
- Delays stem from matters described in Forms 12b-25 (filed Mar 15, May 10, 2024) and prior 8-K.
- No immediate effect on listing of common stock (SOND) or warrants (SONDW); Company intends to regain compliance.