StreetInsider.com News Articles

Sonder Holdings (SOND) files Chapter 7 bankruptcy

Fri, 14 Nov 2025 16:00:03 -0500

On November 14, 2025 (the “Petition Date”), Sonder Holdings (NASDAQ: SOND) and certain of its direct and indirect subsidiaries (collectively, the “Company Parties”) filed voluntary petitions to commence proceedings under chapter 7 (the “Proceedings”) of title 11 of the United States Code (the “Bankruptcy Code”) in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) seeking approval to jointly administer the Proceedings under the caption “In re: Sonder Holdings Inc., et al.”

Form 8-K Sonder Holdings Inc. For: Nov 07

Fri, 14 Nov 2025 15:58:00 -0500

si-local-file:///var/storage/secattach/20251114/25616417.html

Form 8-K Sonder Holdings Inc. For: Nov 07

Fri, 14 Nov 2025 15:58:00 -0500

si-local-file:///var/storage/secattach/20251114/25616417.html

Sonder Holdings Inc. To Complete Immediate Wind-Down of Operations

Mon, 10 Nov 2025 12:00:00 -0500

SAN FRANCISCO, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Sonder Holdings Inc. (Nasdaq: SOND) (“Sonder” or the “Company”), which operates a global brand of premium, design-forward apartments and intimate boutique hotels serving the modern traveler, today announced that it will complete winding down operations immediately and expects to initiate a Chapter 7 liquidation of its U.S. business. The Company also intends to initiate insolvency proceedings in the international countries in which it operates.

Sonder has faced severe financial constraints arising from, among other things, prolonged challenges in the integration of the Company’s systems and booking arrangements with Marriott

Sonder Holdings Inc. To Complete Immediate Wind-Down of Operations

Mon, 10 Nov 2025 12:00:00 -0500

Sonder has faced severe financial constraints arising from, among other things, prolonged challenges in the integration of the Company’s systems and booking arrangements with Marriott

Sonder Holdings Inc. To Complete Immediate Wind-Down of Operations

Mon, 10 Nov 2025 12:00:00 -0500

Sonder has faced severe financial constraints arising from, among other things, prolonged challenges in the integration of the Company’s systems and booking arrangements with Marriott

Sonder Holdings Inc. To Complete Immediate Wind-Down of Operations

Mon, 10 Nov 2025 12:00:00 -0500

Sonder has faced severe financial constraints arising from, among other things, prolonged challenges in the integration of the Company’s systems and booking arrangements with Marriott

Marriott Provides Financial Outlook Update Following Termination of Agreement with Sonder

Mon, 10 Nov 2025 02:31:44 -0500

Marriott International Inc. (NASDAQ: MAR) announced that its licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND) is no longer in effect due to Sonder's default on the agreement terms.

The termination affects Marriott's projected room inventory growth for 2025. With Sonder rooms removed from its system, Marriott now expects net rooms growth of approximately 4.5 percent for the year. The company stated that all other financial outlook metrics provided on November 4, 2025, remain unchanged.

Marriott operates a portfolio of over 9,700 properties across more than 30 brands in 143 countries and territories as of September 30, 2025. The company is based

Marriott Provides Financial Outlook Update Following Termination of Agreement with Sonder

Mon, 10 Nov 2025 02:31:44 -0500

Marriott International Inc. (NASDAQ: MAR) announced that its licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND) is no longer in effect due to Sonder's default on the agreement terms.

Marriott operates a portfolio of over 9,700 properties across more than 30 brands in 143 countries and territories as of September 30, 2025. The company is based

Marriott Provides Financial Outlook Update Following Termination of Agreement with Sonder

Mon, 10 Nov 2025 02:31:44 -0500

Marriott International Inc. (NASDAQ: MAR) announced that its licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND) is no longer in effect due to Sonder's default on the agreement terms.

Marriott operates a portfolio of over 9,700 properties across more than 30 brands in 143 countries and territories as of September 30, 2025. The company is based

Marriott Provides Financial Outlook Update Following Termination of Agreement with Sonder

Mon, 10 Nov 2025 02:31:44 -0500

Marriott International Inc. (NASDAQ: MAR) announced that its licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND) is no longer in effect due to Sonder's default on the agreement terms.

Marriott operates a portfolio of over 9,700 properties across more than 30 brands in 143 countries and territories as of September 30, 2025. The company is based

Marriott terminates licensing agreement with Sonder due to default

Mon, 10 Nov 2025 02:31:28 -0500

Marriott International Inc. (NASDAQ: MAR) announced that its licensing agreement with Sonder Holdings Inc. (NASDAQ: SOND) is no longer in effect due to Sonder's default. The termination means Sonder is no longer affiliated with Marriott Bonvoy and Sonder properties are not available for new bookings on Marriott's channels.

The hotel company said it will contact guests who booked directly through Marriott channels, including marriott.com, the Marriott Bonvoy App and Marriott's reservation centers, to address their reservation and booking needs. Guests who booked through third-party online travel agencies were advised to contact those organizations directly.

Marriott stated its immediate priority is supporting guests

Marriott terminates licensing agreement with Sonder due to default

Mon, 10 Nov 2025 02:31:28 -0500

Marriott stated its immediate priority is supporting guests

Marriott International Provides Financial Outlook Update Following Termination of Agreement with Sonder