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Sonder Holdings Struggles with SEC Reporting Compliance
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Sonder Holdings Struggles with SEC Reporting Compliance

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Sonder Holdings (SOND) has shared an announcement.

Sonder Holdings Inc. is facing delays in submitting its required financial reports to the SEC, including its 2023 Annual Report and first two quarterly reports of 2024, which has resulted in a notice from Nasdaq for non-compliance with its listing rules. Although this notice does not immediately affect Sonder’s stock trading status on the Nasdaq, the company must present an updated plan to regain compliance by August 30, 2024, and it has until September 30, 2024, to file all overdue reports. Sonder is working to resolve the issues that caused the delays and intends to file the necessary reports as soon as possible.

See more insights into SOND stock on TipRanks’ Stock Analysis page.

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