Tuesday, June 6, 2023
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Francis Davidson

Nasdaq
Investment News 

Sonder and Vacasa face potential Nasdaq delistings

2nd May 20232nd May 2023 Paul Stevens delisting, Francis Davidson, Nasdaq, Rob Greyber, Sonder, SPAC, Vacasa

US: Property management companies Sonder and Vacasa, have each received notice from the Nasdaq Stock Market that they face being delisted within the next 180 calendar days if they do not comply with minimum bid price requirements.

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Sonder
Marketing and distribution News 

Sonder expands business travel segment

22nd March 202322nd March 2023 Paul Stevens business travel, corporate housing, corporate travel, Francis Davidson, GDS, group bookings, Kristen Richter, Sonder, sporting events

US: Next-generation hospitality company Sonder is expanding its business travel segment to include group bookings. 

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Sonder
Movers and Shakers News 

Sonder reduces workforce by 14 per cent in latest layoff round

3rd March 2023 Paul Stevens Chris Berry, corporate travel, Francis Davidson, Layoffs, Sonder

US: Short-term rental lodging firm Sonder is making around 100 corporate employees redundant, amounting to close to 14 per cent of the startup’s overall workforce.

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Sonder
News Supplier 

Sonder makes sweeping job cuts in company restructuring

13th June 2022 Paul Stevens Francis Davidson, Layoffs, Sanjay Banker, Satyen Pandya, Sonder

US: Next-generation lodging firm Sonder has announced a restructuring across its organisation, which will trigger the laying off of 21 per cent of its corporate team and seven per cent of its frontline staff.

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Sonder
Investment News 

Sonder closes SPAC merger to go public

19th January 2022 Paul Stevens Francis Davidson, Gores Metropoulos II, Sanjay Banker, Sonder, SPAC, Ted Fike

Sonder has gone public via a business combination with special purpose acquisition company [SPAC] Gores Metropoulos II.

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Sonder
Investment News 

Sonder moves step closer to January SPAC merger

30th December 2021 Paul Stevens Francis Davidson, Gores Metropoulos II, Sonder, SPAC

US: Next-generation lodging company Sonder has moved a step closer to going public in January after a registration statement was

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Sonder
Investment News 

Sonder downgrades valuation expectations to $1.9bn for SPAC

1st November 2021 Paul Stevens Francis Davidson, Gores Metropoulos II, Sanjay Banker, Sonder, SPAC, valuation

US: San Francisco-based short-term rental lodging startup Sonder is downgrading its valuation estimate from $2.2 billion to $1.925 billion ahead

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Sonder
Marketing and distribution News 

Sonder adds to board of directors to prepare for public listing

27th August 202127th August 2021 Paul Stevens board of directors, Francis Davidson, Frits van Paasschen, Janice L. Sears, Sonder

US: San Francisco-based next-generation lodging company Sonder has announced new appointments to its board of directors in preparation for its

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Sonder
News Supplier 

Sonder reports record revenue for Q2

11th August 2021 Paul Stevens Amsterdam, Francis Davidson, Revenue, Sanjay Banker, Sonder, SPAC

US: Next-generation hospitality company Sonder has announced the strongest quarterly revenue in its history in financial results for the three

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Sonder
Investment News 

Sonder to go public via SPAC merger worth $2.2bn

30th April 202130th April 2021 Paul Stevens Francis Davidson, Gores Metropoulos II, Sonder, SPAC

US: Short-term lodging company Sonder has announced it has entered into a definitive agreement with special purpose acquisition company [SPAC]

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WEBINAR

What happens when it all goes wrong? Prevention techniques to avoid catastrophes

Tuesday 6 June - 4pm BST

Hosted by Paul Stevens

Expert panellists:

- Vinayak Mahtani, CEO, bnbme holiday homes

Woody Wade, managing director, Wade & Company SA

- Jacobie Olin, president, C2G Advisors & Olin Realty Group

- Karen Hanton MBE, serial entrepeneur and founder, toptable.co.uk, co-founder, PetsPyjamas.com

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