Trust Size
$1.0B
Peak Price
$217.60
Current Price
$0.00
Return
-100.0%
Peak Market Cap
$2.2B
Price Journey
What Happened
Sonder was a technology-driven hospitality company that offered apartment-style accommodations as an alternative to hotels, operating thousands of units in major cities worldwide. The company went public via SPAC merger with Gores Metropoulos II in 2022. Sonder filed for Chapter 7 bankruptcy in November 2025.
Gores Metropoulos II merged with Sonder in January 2022. The apartment-hotel company expanded rapidly but couldn't achieve profitability with its asset-light leasing model. Despite a 2024 licensing deal with Marriott, Sonder's financial situation deteriorated. Marriott terminated the agreement in November 2025, and Sonder filed for Chapter 7 liquidation — a complete wind-down of operations — the same month.
Timeline
2021-01-13
S-1 Registration Filed
2024-11-08
Filed for bankruptcy
🔀 Reverse Stock Split
Reverse split ratio: . Reverse splits are used to avoid delisting but destroy shareholder value through the illusion of a higher stock price.
SEC Filing Details
CIK Number
1819395
Total SEC Filings
416
State of Incorporation
DE
Last Filing Date
2026-01-20
Business Location
Beverly Hills, CA
Trust/Asset Size
$1.0B
Data sourced from SEC EDGAR Company Facts API and EFTS search index.
📄 SEC Filings
View all EDGAR filings for Sonder Holdings