Sonder receives Nasdaq deficiency notice for delayed Q1 10-Q; already delinquent on 10-K

Sonder Holdings Inc.

Nasdaq notified Sonder on May 23, 2025 of non-compliance with Listing Rule 5250(c)(1) for late Q1 2025 10-Q.
Company also remains delinquent on 2024 Form 10-K (previously notified April 24, 2025).
Has 60 days from April 24 to submit a compliance plan; Nasdaq may grant extension to Oct 13, 2025.
Delays attributed to need for additional time to complete accounting and internal control processes.
Notice has no immediate effect on trading of SOND common stock or SONDW warrants on Nasdaq.

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