Sonder Holdings Enters $24.54 Million Note Purchase Agreement With Investors

Sonder Holdings Inc. entered into two notable financing agreements this year. On August 5, 2025, the company entered into a Note and Warrant Purchase Agreement (2025 NPA) with certain investors, under which it had approximately $24.54 million in principal outstanding as of that date. On the same day, Sonder also entered into a Loan Agreement (2025 Marriott Loan Agreement) with Marriott International, Inc. acting as administrative agent and collateral agent, as well as other lenders, with approximately $5.3 million in principal outstanding as of October 31, 2025. Additionally, the company had an existing Note and Warrant Purchase Agreement from December 10, 2021 (2021 NPA), with about $205.6 million in principal outstanding as of June 30, 2025. Recent bankruptcy proceedings triggered events of default under these agreements, resulting in accelerated obligations and increased interest rates. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonder Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-052329), on November 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here