Sonder Holdings Inc.: Nasdaq/NYSE listing notice — Sonder receives Nasdaq notice for failure to maintain minimum MVPHS of $15M; has 180 days to cure

Sonder Holdings Inc.

Nasdaq notice dated Oct 21, 2025: Sonder's MVPHS below $15M for 30 consecutive business days.
Company has until April 20, 2026 to regain compliance by maintaining MVPHS >= $15M for 10 consecutive business days.
No immediate impact on trading of common stock (SOND) or warrants (SONDW) on Nasdaq Global Select Market.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Sonder Holdings Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(3)(C)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(3)(C)

Exact text from the filing

October 21, 2025, Sonder Holdings Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon Nasdaq’s review of the Company’s Market Value of Publicly Held Shares (“MVPHS”) for the last thirty (30) consecutive business days prior to the date of the Notice, the Company no longer meets the requirements of Nasdaq Listing Rule 5450(b)(3)(C) (the “Listing Rule”), which requires listed securities to maintain a minimum MVPHS of $15,000,000. The Notice stated that the Company had 180 calendar days, or until April 20, 2026, t

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Source: SEC EDGAR

accession 0001819395-25-000135

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