Sonder Holdings Enters $24.54 Million Note Purchase Agreement With Investors

Reuters
2025.11.14 20:58
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Sonder Holdings Inc. entered into a $24.54 million Note and Warrant Purchase Agreement with investors on August 5, 2025. The company also engaged in a $5.3 million Loan Agreement with Marriott International. Existing agreements from 2021 have $205.6 million outstanding. Recent bankruptcy proceedings have triggered defaults, accelerating obligations and increasing interest rates. This information, published by Sonder via EDGAR, is for informational purposes and not financial advice.