Gores Metropoulos II Inc - Ordinary Shares - Class A

:GMII   12:34:55 PM EDT
9.96
0.00 (0.00%)
Officer Changes, Exchange Changes, Other Pre-Announcement

Sonder, A Next-Generation Hospitality Company, To Be Publicly Listed Through Combination With Gores Metropoulos Ii

Published: 04/30/2021 11:10 GMT
Gores Metropoulos II Inc - Ordinary Shares - Class A (GMII) - Sonder, a Next-generation Hospitality Company, to Be Publicly Listed Through Combination With Gores Metropoulos Ii.
Sonder Holdings - Business is Expected to Have a Pro Forma Enterprise Value of $2.2 Billion.
Sonder Holdings Inc - Business Combination Includes $650 Million of Cash Proceeds From Gores Metropoulos Ii Before Expenses.
Sonder Holdings - Sonder Expects to Achieve Approximately $4 Billion of Revenue in 2025.
Sonder Holdings - Pipe Investment is Led by an Affiliate of Gores Group.
Sonder Holdings - Existing Sonder Stockholders Will Retain 74% Ownership in Pro Forma Company.
Sonder Holdings - Davidson Will Continue to Serve As CEO and Sanjay Banker Will Continue to Serve As President and Cfo.