Sonder Holdings (Nasdaq: SOND) announced on November 10, 2025 that it will immediately wind down operations and expects to initiate a Chapter 7 liquidation of its U.S. business.
The company said it will also start insolvency proceedings in international jurisdictions after failing to secure additional liquidity or a viable going-concern sale. Management cited prolonged integration challenges and unanticipated costs tied to aligning systems and booking arrangements with Marriott International, which terminated its licensing agreement on November 9, 2025. Further details on court proceedings and the status of non-U.S. operations will be provided by the Chapter 7 trustee or…