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Sonder Holdings (NASDAQ: SOND) loses Nasdaq listing for Class A stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
25-NSE

Rhea-AI Filing Summary

Sonder Holdings Inc. is being removed from listing and registration on the Nasdaq Stock Market LLC for its Class A common stock and warrants under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq certified that it has followed its own rules to strike these securities from listing and/or withdraw their registration, and referenced the applicable SEC rules governing both exchange-initiated and issuer-initiated withdrawal. This means Sonder’s Class A shares and warrants will no longer trade on Nasdaq and will no longer be registered on that exchange platform.

Positive

  • None.

Negative

  • Sonder Holdings Inc. Class A common stock and warrants are being removed from listing and registration on Nasdaq Stock Market LLC under Section 12(b), eliminating their Nasdaq exchange listing.

Insights

Sonder’s Class A stock and warrants are being delisted from Nasdaq, ending their exchange listing and registration.

The notification states that Nasdaq Stock Market LLC is removing Sonder Holdings Inc. Class A common stock and warrants from listing and registration under Section 12(b) of the Exchange Act. Nasdaq certifies it has complied with its own rules and the SEC’s Rule 12d2-2 framework for striking securities from the exchange.

Delisting typically shifts trading, if any, to less liquid venues such as over-the-counter markets and can reduce visibility and accessibility for many investors. The filing cites both exchange-initiated and issuer-compliance provisions, but does not specify in this excerpt the underlying reason, only that required procedures have been followed.

For investors, the key practical effect is the loss of a Nasdaq listing for Sonder’s Class A shares and warrants. Future company disclosures and subsequent filings would outline how the securities trade after delisting and whether any relisting or other corporate actions are pursued.

UNITED STATES
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 25
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 001-39907
Issuer: Sonder Holdings Inc.
Exchange: Nasdaq Stock Market LLC
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address: 101 15th Street
San Francisco CALIFORNIA 94103
Telephone number: 617-300-0956
(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)
Class A Common Stock, Warrants
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:
17 CFR 240.12d2-2(a)(1)
17 CFR 240.12d2-2(a)(2)
17 CFR 240.12d2-2(a)(3)
17 CFR 240.12d2-2(a)(4)
Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1
Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.
2026-01-20 By Aravind Menon Hearings Advisor
Date Name Title
1 Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Sonder Holdings Inc. (SOND) Form 25 filing report?

The Form 25 reports that Sonder Holdings Inc. Class A common stock and warrants are being removed from listing and/or registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934.

Which Sonder (SOND) securities are affected by this Nasdaq delisting?

The affected securities are Class A common stock and warrants of Sonder Holdings Inc., which are being struck from listing and/or having their registration withdrawn on the Nasdaq Stock Market LLC.

Who is certifying the removal of Sonder’s securities from Nasdaq?

The Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe it meets all requirements for filing Form 25 and has caused the notification to be signed by a duly authorized person, identified as a Hearings Advisor.

Under which SEC rules is Sonder’s Nasdaq delisting being carried out?

The filing cites Section 12(b) of the Securities Exchange Act of 1934 and 17 CFR 240.12d2-2, including provisions for exchange-initiated removal and issuer compliance with exchange rules for voluntary withdrawal from listing and registration.

Will Sonder Holdings Inc. (SOND) Class A stock still be listed on Nasdaq after this Form 25?

No. The Form 25 states that Nasdaq has complied with its rules to strike the class of securities from listing and/or withdraw registration, so Sonder’s Class A common stock and warrants will no longer be listed on the Nasdaq Stock Market LLC.

Does the Form 25 explain why Sonder (SOND) is being delisted from Nasdaq?

The excerpt specifies that Nasdaq and the issuer have complied with the relevant exchange and SEC rules for removal and withdrawal but does not describe the specific reason for delisting within this text.
SONDER HOLDINGS INC

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