Sonder Holdings Faces Nasdaq Compliance Deadline

Sonder Holdings ( (SOND) ) has issued an announcement.

On April 24, 2025, Sonder Holdings Inc. received a deficiency notification from Nasdaq due to a delay in filing its 2024 Annual Report, as required by Nasdaq Listing Rule 5250(c)(1). While this notice does not immediately affect the trading of Sonder’s stock, the company has 60 days to submit a compliance plan to Nasdaq, which may grant an extension until October 13, 2025. The delay was attributed to the need for additional time to complete accounting and internal control processes. Sonder is actively working to resolve the issue and file the report promptly.

Spark’s Take on SOND Stock

According to Spark, TipRanks’ AI Analyst, SOND is a Underperform.

Sonder Holdings’ overall stock score reflects its financial instability and negative valuation metrics, overshadowing its revenue growth. The bearish technical indicators further weigh down its score. Positive corporate events provide some optimism, but significant financial and operational challenges persist, necessitating careful strategic management to improve the company’s outlook.

To see Spark’s full report on SOND stock, click here.

More about Sonder Holdings

Sonder Holdings Inc. is a leading global brand offering premium, design-forward apartments and boutique hotels for modern travelers. Launched in 2014, Sonder provides thoughtfully designed accommodations with tech-enabled services across over 40 markets in nine countries and three continents.

YTD Price Performance: -36.06%

Average Trading Volume: 34,121

Technical Sentiment Signal: Buy

Current Market Cap: $26.3M

For detailed information about SOND stock, go to TipRanks’ Stock Analysis page.