Sonder Takes Next Step Toward Stock Market Listing in Mid-January
Photo Caption: Sonder could start trading on Nasdaq January 14. Pictured, Sonder co-founder and CEO Francis Davidson (right) at Skift Global Forum 2021.
Skift Take
Will Sonder be a household name brand in accommodations in five years? The company hopes its Nasdaq debut in January, and a nifty $310 million in proceeds, will be the next stage in that evolution.
If all goes according to plan, quasi-hotel company Sonder could see its shares trading on Nasdaq in mid-January.
Sonder and its special purpose acquisition company partner, Gores Metropoulos II, announced Thursday that the registration statement filed in July and amended earlier this week was declared effective by the Securities and Exchange Commission a day earlier.
That means if the merger partner's shareholders approve the marriag