Sonder Holdings Inc. Secures $24.54 Million Note and Enters Agreements to Strengthen Liquidity

SAN FRANCISCO--(BUSINESS WIRE)---- $SOND--Sonder Holdings Inc. (Nasdaq: SOND) (“Sonder” or the “Company”) today announced a series of actions to raise additional liquidity. Issued and sold $24.54 million of units on August 5, 2025 (the “Financing”). Each unit comprises (i) a senior secured promissory note (the “Investor Notes”) and (ii) a warrant to purchase shares of Sonder’s common stock at an exercise price of $1.50 per share (the “Warrants”). The Investor Notes mature on July 4, 2026 and accrue inter