secwatch.observer — SEC 8-K summary
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Issuer:     Sonder Holdings Inc. (—)
CIK:        0001819395
Form:       8-K
Filed at:   2025-08-25T23:59:59+00:00
Accession:  0001819395-25-000106
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819395/000181939525000106/0001819395-25-000106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819395/000181939525000106/son-20250820.htm
  HTML page:      https://secwatch.observer/filing/0001819395-25-000106

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