What Happened to Sonder Holdings?
Ticker: SONDQSPAC Year: 2021
Return
-100.0%
Current Price
$0
Peak Price
$217.6
Trust Size
$1.0B
Summary
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.
What Happened
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 â a complete wind-down of operations â the same month.
Timeline
2021-01-13
S-1 Registration Filed