Key facts
- This page summarizes Francis Davidson's Form 4 filing for Sonder Holdings Inc. (SOND).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 28 Apr 2025, 17:03.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Additional SEC filing notes
Footnote F1
The Series A Convertible Preferred Stock is convertible into a number of shares of common stock equal to (x) the liquidation preference, plus an amount equal to all accumulated and unpaid dividends on such shares (including dividends accrued and unpaid on previously unpaid dividends) divided by (y) a conversion price of the lower of (i) $1.00 and (ii) a 10% discount to the lowest daily VWAP of the common stock in the 7 trading days prior to the date of conversion, subject to a minimum conversion price of $0.50. The number of shares of the issuer's common stock underlying such Series A Convertible Preferred Stock will increase for each dividend period.
Footnote F2
The Series A Convertible Preferred Stock will become convertible upon shareholder approval for the issuance of the underlying common stock at a special meeting anticipated to be held in the second quarter of 2025.
Footnote F3
The conversion rights of the Series A Convertible Preferred Stock do not expire.