gores metropoulos ii, sonder

Montréal-founded travel tech startup Sonder is set to go public on the NASDAQ through a merger deal with Gores Metropoulos II Inc. Sonder co-founder and CEO Francis Davidson officially announced the plans on Friday and SEC filings confirm that special purpose acquisition company Gores has entered into an agreement with Sonder. According to a statement, the combined company is expected to be worth $2.2 billion with proceeds of $650 million. For financial reporting, their fiscal year ends on December 31st. 30, 2021 at 6:12 a.m. Sonder — the lodging startup known for turning properties into short-term rental buildings — is going public via a special acquisition company (SPAC), Gores Metropoulos II, that values the newly combined company at $2.2 billion, Sonder announced Friday.. On April 30, 2021, Sonder Holdings, a leading next-generation hospitality company that is redefining the guest experience, and Gores Metropoulos II, Inc., a special purpose acquisition company (SPAC) sponsored by an affiliate of The Gores Group, LLC and by an affiliate of Dean Metropoulos of Metropoulos & Co., announced that they have entered into a definitive agreement to combine. Gores Metropoulos II, Inc. Sonder, a San Francisco- and Montreal-based hospitality brand, has agreed to go public via a merger with Gores Metropoulos II, a blank check company backed by Gores … Gores Metropoulos II, led by CEO Gores and Chairman Dean Metropoulos, raised $450 million in a January initial public offering. News Break provides latest and breaking news about #Spac Gores Metropoulos. The valuation is based on 3.6x Sonder’s projected revenue for 2022. Apartment-style accommodation provider Sonder intends to go public by merging with special purpose acquisition company Gores Metropoulos II with a valuation of $2.2 billion, with $650 million of cash proceeds from Gores Metropoulus II, the companies announced. Latest: Gores Metropoulos II : SPAC to take lodging startup Sonder public in $2.2 bln deal San Francisco, CA – April 30, 2021 – Sonder Holdings Inc. (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience, and Gores Metropoulos II, Inc. (Nasdaq: GMIIU, GMII and GMIIW), a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Dean Metropoulos of Metropoulos … Lodging startup Sonder, which offers refurbished properties for short-term rentals, has agreed to go public through merging with a blank-check firm backed by billionaire investors Alec Gores … Interactive chart for Gores Metropoulos II, Inc. (GMII) – analyse all of the data with a huge range of indicators. The SPAC that Sonder will merge with, Gores Metropoulos II, raised $450 million in its initial public offering in January. Through innovative technology and thoughtfully designed accommodations, Sonder is revolutionizing the hospitality industryCombined company to have an estimated pro forma enterprise value of approximately $2.2 billionBusiness combination includes $650 million of cash proceeds from Gores Metropoulos II before expenses, including fully committed PIPE of $200 million from top-tier … This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Gores Metropoulos II, Inc.. 9800 WILSHIRE BLVD. The global leader in press release distribution and regulatory disclosure. Business Wire. Sonder is revolutionizing hospitality through innovative, tech-powered service and inspiring, thoughtfully designed accommodations combined into one seamlessly managed experience. Through innovative technology and thoughtfully designed accommodations, Sonder is revolutionizing the hospitality industry Combined company to have an estimated pro forma enterprise value of approximately $2.2 billion Business combination includes $650 million of cash proceeds from Gores Metropoulos II before expenses, including fully committed PIPE of $200 million from top-tier … . Gores Completes SPAC Deal Valued at $2.2 Billion. Sonder To Go Public. Sonder Holdings Inc., a leading next-generation hospitality company that is redefining the guest experience, and Gores Metropoulos II, Inc. (Nasdaq: GMIIU, GMII and GMIIW), a … Gores Metropoulos II's lock-up period expires on Monday, July 19th. US: Short-term lodging company Sonder has announced it has entered into a definitive agreement with special purpose acquisition company [SPAC] Gores Metropoulos II, sponsored by an affiliate of The Gores Group, to go public via a merger. Date: April 30, 2021 . is investigating Gores Metropoulos II, Inc. (“Gores”) regarding possible breaches of fiduciary duties and other violations of law related to Gores’ agreement to merge with Sonder Holdings Inc. Sonder Holdings, a hospitality company, and Gores Metropoulos II today announced that they have entered into a definitive merger agreement. Lodging startup Sonder, which decks out apartments and hotel rooms as hip short-term rentals, is in talks to merge with Gores Metropoulos II, Bloomberg reports, citing sources familiar with the matter. Add hospitality startup Sonder to the list of companies getting in the SPAC game. The San Francisco-based firm, which leases apartments and turns them into furnished, short-term rentals, is in talks to go public by merging with one of Alec Gore and Dean Metropoulos’ blank-check firms, Bloomberg News reported. Sonder et Gore Metropoulos II ont annoncé une fusion qui ouvre la voie à Sonder, une entreprise en portefeuille d'inovia capital et de Real Ventures, pour devenir une société cotée en bourse. Gores Metropoulos II, Inc. (GMII) relating to its proposed acquisition of Sonder Holdings, Inc.Under the terms of the agreement, GMII will acquire Sonder through a reverse merger, with Sonder emerging as a publicly traded company. Gores Metropoulos II Inc. was set up in December last year, and is a newly organized blank check company — or special purpose acquisition ... Sonder said it is now valued at $2.2 billion. Sonder Holdings, a leading next-generation hospitality company that is redefining the guest experience, and Gores Metropoulos II, Inc., a special purpose acquisition company (SPAC) sponsored by an affiliate of The Gores Group, LLC and by an affiliate of Dean Metropoulos of Metropoulos & Co., announced that they have entered into a definitive agreement to combine. Sonder Holdings Inc. ("Sonder" or the "Company"), a leading next-generation hospitality company that is redefining the guest experience, and Gores Metropoulos II, … Sonder — the lodging startup known for turning properties into short-term rental buildings — is going public via a special acquisition company (SPAC), Gores Metropoulos II, that values the newly combined company at $2.2 billion, Sonder announced Friday.. Goldman Sachs Group Inc. worked with Sonder on the deal. and deemed filed pursuant to Rule 14a-12. Gores Holdings. The San-Francisco-based company was in talks with Gores about going public in early April, after the Gores SPAC raised $450 million in … This Seeking Alpha - SPAC Gores Metropoulos II gains on report of deal for lodging startup Sonder SPAC Gores Metropoulos II (GMII) rose 6.4% in premarket trading following …

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