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Benzinga

Business

Akanksha Bakshi

Sonder Secures New Funding, Amends Marriott Agreement

shareholder shutterstock_2500797755

Sonder Holdings Inc. (NASDAQ:SOND) shares surged on Friday following the company's announcement of a new financing plan aimed at reinforcing its liquidity and supporting future growth.

On August 5, 2025, the company raised $24.54 million through the issuance of units consisting of senior secured promissory notes and warrants to buy common stock at an exercise price of $1.50 per share.

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