---
schema_version: "secwatch.filing_event.v1"
accession: "0001819395-25-000106"
form_type: "8-K"
ticker: null
cik: "0001819395"
company_name: "Sonder Holdings Inc."
filed_at: "2025-08-25T23:59:59+00:00"
generated_at: "2026-05-17T10:17:30.996262+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sonder Q1: RevPAR +13%, revenue -11%, net loss widens; Nasdaq notice for Q2 delinquency

## Summary
- RevPAR $139 (+13% YoY), occupancy 83% (+7pp), but bookable nights down 21% and revenue $118.9M (-11% YoY).
- Net loss $56.5M (+12% YoY); Adjusted EBITDA -$56.7M (flat); Adjusted Free Cash Flow -$6.9M (improved 76%).
- Cash, equivalents, and restricted cash $66.5M (incl. $43.2M restricted) as of March 31, 2025.
- Received Nasdaq notice Aug 20 for failure to timely file Q2 2025 10-Q; must submit compliance plan update by Sep 4, 2025.
- Previously delinquent on 2024 10-K and Q1 10-Q; Q1 10-Q filed Aug 25, 2025.

## SEC filing metadata
- accession: 0001819395-25-000106
- form_type: 8-K
- cik: 0001819395
- company_name: Sonder Holdings Inc.
- filed_at: 2025-08-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819395/000181939525000106/0001819395-25-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819395/000181939525000106/son-20250820.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819395-25-000106
- JSON: https://secwatch.observer/filing/0001819395-25-000106.json
- Plain text: https://secwatch.observer/filing/0001819395-25-000106.txt

## Key facts
- Listing & Compliance Notices
  Sonder Holdings Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: late filing
  - Rules: 5250(c)(1)
  source text: August 20, 2025, the Company received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the Company is delinquent in filing the Q2 2025 Form 10-Q and remains delinquent in filing the Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 (the “Q1 2025 Form 10-Q”), the Company does not comply with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires companies with securities listed on Nasdaq to timely file all required periodic reports with the SEC. The Notice has no immediate effect on the listing or trad
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819395/000181939525000106/0001819395-25-000106-index.htm

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