[NT 10-Q] Sonder Holdings Inc. SEC Filing
Sonder Holdings Inc. says it cannot timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2025 because it is completing customary accounting and internal control processes following a prior restatement related to valuation and impairment of operating lease right-of-use assets. The company has completed a restatement and has subsequently filed several periodic reports, and it expects to file the missing quarterly reports as soon as practicable. The company also expects Nasdaq to notify it of continued noncompliance with timely SEC filing requirements.
Sonder Holdings Inc. comunica di non poter depositare in tempo il proprio rapporto trimestrale sul Modulo 10-Q relativo al trimestre terminato il 30 giugno 2025, poich茅 sta completando i consueti processi contabili e di controllo interno a seguito di una precedente rettifica collegata alla valutazione e all鈥檌mpairment delle attivit脿 per il diritto d鈥檜so derivanti da contratti di locazione operativa. La societ脿 ha completato la rettifica e ha successivamente presentato diversi rapporti periodici; prevede di depositare i rapporti trimestrali mancanti non appena possibile. Inoltre, si aspetta che Nasdaq la informi della persistenza della non conformit脿 ai requisiti di tempestivo deposito presso la SEC.
Sonder Holdings Inc. informa que no puede presentar puntualmente su Informe Trimestral en el Formulario 10-Q correspondiente al trimestre concluido el 30 de junio de 2025, ya que est谩 finalizando los habituales procesos contables y de control interno tras una rectificaci贸n previa relacionada con la valoraci贸n y el deterioro de los activos por derecho de uso de arrendamientos operativos. La compa帽铆a ha completado la rectificaci贸n y ha presentado posteriormente varios informes peri贸dicos, y espera presentar los informes trimestrales pendientes lo antes posible. Tambi茅n espera que Nasdaq le notifique la continuidad de la falta de cumplimiento con los requisitos de presentaci贸n oportuna ante la SEC.
Sonder Holdings Inc.電� 2025雲� 6鞗� 30鞚检棎 膦呺霅� 攵勱赴攵勳棎 雽�頃� 攵勱赴氤搓碃靹�(Form 10-Q)毳� 鞝滊晫 鞝滌稖頃� 靾� 鞐嗠嫟瓿� 氚濏様鞀惦媹雼�. 鞚措姅 鞓侅梾鞖� 鞛勲寑甓岆Μ靷毄鞛愳偘鞚� 韽夑皜 氚� 靻愳儊瓿� 甏�霠悳 鞚挫爠 鞝曥爼 頉� 韱奠儊鞝侅澑 須岅硠 氚� 雮措秬韱奠牅 鞝堨皑毳� 鞕勲頃橁碃 鞛堦赴 霑岆鞛呺媹雼�. 須岇偓電� 鞝曥爼鞚� 鞕勲頃橁碃 鞚错泟 鞐煬 鞝曣赴氤搓碃靹滊ゼ 鞝滌稖頄堨溂氅�, 雸勲澖霅� 攵勱赴氤搓碃靹滊姅 臧�電ロ暅 頃� 鞁犾啀頌� 鞝滌稖頃� 鞓堨爼鞛呺媹雼�. 霕愴暅 Nasdaq臧� SEC鞚� 鞝侅嫓 鞝滌稖 鞖旉贝 攵堨澊頄夓澊 歆�靻嶋悩瓿� 鞛堨潓鞚� 韱奠頃� 瓴冹溂搿� 鞓堨儊頃橁碃 鞛堨姷雼堧嫟.
Sonder Holdings Inc. indique qu鈥檈lle ne peut pas d茅poser en temps utile son rapport trimestriel sur le formulaire 10-Q pour le trimestre clos le 30 juin 2025, car elle ach猫ve les processus comptables et de contr么le interne habituels 脿 la suite d鈥檜ne correction ant茅rieure li茅e 脿 l鈥櫭﹙aluation et 脿 la d茅pr茅ciation des actifs au titre du droit d鈥檜sage des contrats de location op茅rationnelle. La soci茅t茅 a finalis茅 cette correction et a ensuite d茅pos茅 plusieurs rapports p茅riodiques ; elle pr茅voit de d茅poser les rapports trimestriels manquants d猫s que possible. Elle s鈥檃ttend 茅galement 脿 ce que Nasdaq la notifie d鈥檜n maintien de la non-conformit茅 aux exigences de d茅p么t en temps voulu aupr猫s de la SEC.
Sonder Holdings Inc. teilt mit, dass es seinen Quartalsbericht auf Formular 10-Q f眉r das zum 30. Juni 2025 endende Quartal nicht fristgerecht einreichen kann, da es nach einer fr眉heren Berichtigung im Zusammenhang mit der Bewertung und Wertminderung von Nutzungsrechten aus Operating-Leasing die 眉blichen buchhalterischen und internen Kontrollprozesse abschlie脽t. Das Unternehmen hat die Berichtigung abgeschlossen und anschlie脽end mehrere periodische Berichte eingereicht und erwartet, die fehlenden Quartalsberichte so bald wie praktikabel einzureichen. Zudem rechnet das Unternehmen damit, dass Nasdaq es 眉ber die fortbestehende Nicht-Einhaltung der fristgerechten SEC-Meldepflichten informiert.
- The company completed a restatement of affected financial statements and filed corrected reports thereafter
- Management is actively completing customary accounting and internal control processes prior to filing the delayed quarters
- Delinquent Form 10-Q for the quarter ended June 30, 2025, creating disclosure gaps
- Prior restatement due to accounting errors on lease right-of-use asset valuation and impairment
- Risk of Nasdaq noncompliance notice because required periodic reports remain delinquent
Insights
TL;DR: Restatement history plus continued delinquent filings raise material financial disclosure and investor-confidence concerns.
The company previously determined certain consolidated financial statements were unreliable due to accounting errors involving lease right-of-use asset valuation and impairment and completed a restatement. While management is completing controls and accounts for the missing quarterly reports, the delay prolongs uncertainty about the company鈥檚 most recent financial performance and may impede market transparency. Continued delinquency could lead to regulatory notices and market access consequences.
TL;DR: Prior restatement and ongoing filing delays indicate weaknesses in accounting controls and disclosure processes.
The Audit Committee previously concluded certain prior filings should not be relied upon and the company completed a restatement. Ongoing work to finalize internal control processes before filing additional quarters suggests remediation is active but incomplete. This raises governance and compliance concerns for stakeholders until filings and control improvements are fully documented.
Sonder Holdings Inc. comunica di non poter depositare in tempo il proprio rapporto trimestrale sul Modulo 10-Q relativo al trimestre terminato il 30 giugno 2025, poich茅 sta completando i consueti processi contabili e di controllo interno a seguito di una precedente rettifica collegata alla valutazione e all鈥檌mpairment delle attivit脿 per il diritto d鈥檜so derivanti da contratti di locazione operativa. La societ脿 ha completato la rettifica e ha successivamente presentato diversi rapporti periodici; prevede di depositare i rapporti trimestrali mancanti non appena possibile. Inoltre, si aspetta che Nasdaq la informi della persistenza della non conformit脿 ai requisiti di tempestivo deposito presso la SEC.
Sonder Holdings Inc. informa que no puede presentar puntualmente su Informe Trimestral en el Formulario 10-Q correspondiente al trimestre concluido el 30 de junio de 2025, ya que est谩 finalizando los habituales procesos contables y de control interno tras una rectificaci贸n previa relacionada con la valoraci贸n y el deterioro de los activos por derecho de uso de arrendamientos operativos. La compa帽铆a ha completado la rectificaci贸n y ha presentado posteriormente varios informes peri贸dicos, y espera presentar los informes trimestrales pendientes lo antes posible. Tambi茅n espera que Nasdaq le notifique la continuidad de la falta de cumplimiento con los requisitos de presentaci贸n oportuna ante la SEC.
Sonder Holdings Inc.電� 2025雲� 6鞗� 30鞚检棎 膦呺霅� 攵勱赴攵勳棎 雽�頃� 攵勱赴氤搓碃靹�(Form 10-Q)毳� 鞝滊晫 鞝滌稖頃� 靾� 鞐嗠嫟瓿� 氚濏様鞀惦媹雼�. 鞚措姅 鞓侅梾鞖� 鞛勲寑甓岆Μ靷毄鞛愳偘鞚� 韽夑皜 氚� 靻愳儊瓿� 甏�霠悳 鞚挫爠 鞝曥爼 頉� 韱奠儊鞝侅澑 須岅硠 氚� 雮措秬韱奠牅 鞝堨皑毳� 鞕勲頃橁碃 鞛堦赴 霑岆鞛呺媹雼�. 須岇偓電� 鞝曥爼鞚� 鞕勲頃橁碃 鞚错泟 鞐煬 鞝曣赴氤搓碃靹滊ゼ 鞝滌稖頄堨溂氅�, 雸勲澖霅� 攵勱赴氤搓碃靹滊姅 臧�電ロ暅 頃� 鞁犾啀頌� 鞝滌稖頃� 鞓堨爼鞛呺媹雼�. 霕愴暅 Nasdaq臧� SEC鞚� 鞝侅嫓 鞝滌稖 鞖旉贝 攵堨澊頄夓澊 歆�靻嶋悩瓿� 鞛堨潓鞚� 韱奠頃� 瓴冹溂搿� 鞓堨儊頃橁碃 鞛堨姷雼堧嫟.
Sonder Holdings Inc. indique qu鈥檈lle ne peut pas d茅poser en temps utile son rapport trimestriel sur le formulaire 10-Q pour le trimestre clos le 30 juin 2025, car elle ach猫ve les processus comptables et de contr么le interne habituels 脿 la suite d鈥檜ne correction ant茅rieure li茅e 脿 l鈥櫭﹙aluation et 脿 la d茅pr茅ciation des actifs au titre du droit d鈥檜sage des contrats de location op茅rationnelle. La soci茅t茅 a finalis茅 cette correction et a ensuite d茅pos茅 plusieurs rapports p茅riodiques ; elle pr茅voit de d茅poser les rapports trimestriels manquants d猫s que possible. Elle s鈥檃ttend 茅galement 脿 ce que Nasdaq la notifie d鈥檜n maintien de la non-conformit茅 aux exigences de d茅p么t en temps voulu aupr猫s de la SEC.
Sonder Holdings Inc. teilt mit, dass es seinen Quartalsbericht auf Formular 10-Q f眉r das zum 30. Juni 2025 endende Quartal nicht fristgerecht einreichen kann, da es nach einer fr眉heren Berichtigung im Zusammenhang mit der Bewertung und Wertminderung von Nutzungsrechten aus Operating-Leasing die 眉blichen buchhalterischen und internen Kontrollprozesse abschlie脽t. Das Unternehmen hat die Berichtigung abgeschlossen und anschlie脽end mehrere periodische Berichte eingereicht und erwartet, die fehlenden Quartalsberichte so bald wie praktikabel einzureichen. Zudem rechnet das Unternehmen damit, dass Nasdaq es 眉ber die fortbestehende Nicht-Einhaltung der fristgerechten SEC-Meldepflichten informiert.
FAQ
Why did Sonder Holdings (SOND) miss its Form 10-Q filing for the quarter ended June 30, 2025?
Has Sonder completed any corrective filings after the restatement?
Will Nasdaq take action because Sonder is delinquent in filings?
Does the filing indicate new financial results for the delayed quarter?
What accounting issue prompted the prior restatement at Sonder?
