SonderSOND
SOND
About: Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests. The Company also provides accommodations to travelers through boutique hotels.
Employees: 1,642
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
91% more call options, than puts
Call options by funds: $1.49M | Put options by funds: $776K
11.65% more ownership
Funds ownership: 34.03% [Q2] → 45.68% (+11.65%) [Q3]
7% more capital invested
Capital invested by funds: $17.4M [Q2] → $18.6M (+$1.2M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
15% less funds holding
Funds holding: 41 [Q2] → 35 (-6) [Q3]
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Research analyst outlook
We haven’t received any recent analyst ratings for SOND.
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Sonder Holdings Inc. Provides Update on Preferred Equity Transaction and Announces Executive Leadership Transitions
Preferred Equity Transaction and Previously Announced Actions Will Enhance Liquidity Profile by ~$146 Million to Support Long-Term Profitable Growth
Neutral
PRNewsWire
2 months ago
Deborah Kilpatrick Joins Sonder Capital as its Newest Venture Partner
SAN CARLOS, Calif. , Oct. 28, 2024 /PRNewswire/ -- Sonder Capital, a leading healthcare venture firm focused on innovative technologies ushering in a new standard of care in medicine, announced the addition of Deborah Kilpatrick, Ph.D.
Neutral
GlobeNewsWire
2 months ago
Sonder Holdings Inc. Receives Nasdaq Staff Determination Letter; Has Requested Hearing Before Hearings Panel
SAN FRANCISCO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it has received a letter from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that since it remains delinquent in filing its Forms 10-Q for the periods ended March 31 and June 30, 2024 (the “Forms 10-Q”), respectively (the “Delinquent Filings”), the Staff has determined that the Company is non-compliant with Nasdaq Listing Rule 5250(c)(1). Previously, the Staff granted the Company an exception until September 30, 2024, to file all delinquent periodic reports. Additionally, the Company was previously deemed delayed on the filing of the Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Form 10-K”); however, the Company has since filed the 2023 Form 10-K on September 27, 2024, and the Staff determined that the Company complies with respect to the 2023 Form 10-K. As a result of the Delinquent Filings, the Company's common stock and warrants are subject to suspension in trading on October 10, 2024, and delisting from Nasdaq unless the Company appeals and requests a hearing before a Hearings Panel (“Hearings Panel”) by 4:00 Eastern Time on October 8, 2024.
Neutral
GlobeNewsWire
2 months ago
Sonder Holdings Inc. Announces Results of Special Meeting of Shareholders
SAN FRANCISCO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND or the “Company”), a leading global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced that holders of approximately 57% of Sonder's outstanding shares of common stock voted to approve all proposals at a Special Meeting of Shareholders held on September 30, 2024.
Neutral
GlobeNewsWire
4 months ago
Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q
SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND, “Sonder” or the “Company”) today announced that it received an expected deficiency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on August 15, 2024 (the "Notice"). The Notice indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 (the “Q2 2024 Form 10-Q”), as described more fully in the Company's Form 12b-25 Notification of Late Filing filed with the Securities and Exchange Commission (the "SEC") on August 9, 2024. The Listing Rule requires Nasdaq-listed companies to timely file all required periodic reports with the SEC.
Positive
Benzinga
4 months ago
Nasdaq Surges 150 Points; Sonder Holdings Shares Surge
U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 150 points on Monday.
Neutral
PRNewsWire
4 months ago
Marriott International Announces Long-Term Licensing Agreement with Sonder, Expected to Add Over 10,500 Rooms to Marriott's Open and Pipeline Portfolio
BETHESDA, Md. , Aug. 19, 2024 /PRNewswire/ -- Today, Marriott International, Inc. (NASDAQ: MAR) announced a long-term licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND, "Sonder"), which is expected to add over 9,000 rooms to Marriott's portfolio by year-end and approximately 1,500 rooms to its pipeline.
Neutral
GlobeNewsWire
4 months ago
Sonder Holdings Inc. Announces Strategic Licensing Agreement with Marriott International
Strategic agreement expected to deliver significant revenue opportunities and cost efficiencies Sonder also secures approximately $146 million in additional liquidity, including approximately $43 million convertible preferred equity investment to strengthen balance sheet SAN FRANCISCO, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (NASDAQ: SOND or “Sonder”), a leading global brand of premium, design-forward apartment-style accommodations serving the modern traveler, today announced that it has entered into a long-term strategic licensing agreement with Marriott International, Inc. (NASDAQ: MAR or “Marriott”). Through this strategic agreement, over 9,000 live Sonder units are expected to join the Marriott portfolio by the end of 2024, with approximately 1,500 additional contracted units anticipated to join the Marriott system at later dates.
Neutral
GlobeNewsWire
4 months ago
SONDER ALERT: Bragar Eagel & Squire, P.C. is Investigating Sonder Holdings Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Sonder Holdings Inc. (NASDAQ: SOND) on behalf of long-term stockholders following a class action complaint that was filed against Sonder on April 11, 2024 with a Class Period from March 16, 2023 to March 15, 2024. Our investigation concerns whether the board of directors of Sonder have breached their fiduciary duties to the company.
Neutral
Accesswire
6 months ago
Deadline Approaching: The Schall Law Firm Urges Investors Who Have Suffered Losses In Sonder Holdings Inc. To Reach Out
LOS ANGELES, CA / ACCESSWIRE / June 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Sonder Holdings Inc. ("Sonder" or "the Company") (NASDAQ:SOND) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 16, 2023 and March 15, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before June 10, 2024.
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