$GMIIU News
Last published 4y ago
- 4y agoGMIIGMIIUGMIIWSonder Holdings Inc. and Gores Metropoulos II Announce Closing of Business CombinationBusiness WireSonder's common stock to commence trading on the Nasdaq under ticker "SOND" on January 19 Approximately $310 million PIPE capital from leading investors including affiliates of Gores Metropoulos II, Fidelity Management & Research LLC, funds and accou
- 4y agoGMIIGMIIUSonder Holdings Inc. Expands Operations With More Than 25 Newly Opened Buildings in Over a Dozen U.S. CitiesBusiness WireTech-enabled hospitality provider continues to grow across the United States in second half of 2021 Sonder Holdings Inc. ("Sonder" or the "Company"), a leading next-generation hospitality company that is redefining the guest experience through techno
- 4y agoGMIIGMIIUGMIIWSonder Holdings Inc. Builds Corporate Travel Business With +100 New AccountsBusiness WireGrowth Follows Sonder's Recent Launch on the Global Distribution System and Partnerships with Leading Travel Management Companies Sonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience t
- 4y agoGMIIGMIIUGMIIWSonder Holdings Inc. Sees Continued Strong Revenue Per Available Room and Occupancy Levels With New Year's Eve TravelersBusiness WireRevenue Per Available Room Up 10% Compared to 2019 and Doubled YoY Sonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, saw strong demand across its U.S.
- 4y agoGMIIGMIIUGMIIWSonder Holdings Inc. Expands Canadian Operations With New Properties in Montreal and TorontoBusiness WireTech-enabled hospitality provider grows to almost 1,000 live and contracted units across three cities Sonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design
- 4y agoGMIIGMIIUGMIIWSonder Holdings Inc. and Gores Metropoulos II, Inc. Announce Effectiveness of Registration Statement and Special Meeting to Approve Business CombinationBusiness WireAll Gores Metropoulos II Stockholders Encouraged to Vote "FOR" the Business Combination on January 14, 2022 Sonder Holdings Inc. ("Sonder'' or the "Company"), a leading next-generation hospitality company that is redefining the guest experience throu
- 5y agoGMIIGMIIUSonder Holdings Inc. Reports Record Revenue for Q3 and Raises FY 2021 Revenue and Adjusted EBITDA OutlookBusiness WireRecord Q3 2021 Revenue of $67.5M, Up 155% YoY $126 Revenue per Available Room, Up 64% YoY and 26% vs. Q2 2021 Raises Outlook for FY 2021 Total Revenue to $200M - $205M vs. prior Outlook of $180M - $190M Sonder Holdings Inc. ("Sonder" or the "Co
- 5y agoGMIIGMIIUGMIIWSonder Holdings Inc. and Gores Metropoulos II, Inc. Announce Additional Committed Capital to Fully Fund Business Plan and Strategic Revision of Transaction TermsBusiness WireSonder continues to perform strongly – delivering company-record Q2 revenue and robust global expansion as travel rebounds Incremental investment of ~$330 million and resulting total capital of ~$530 million provides for a fully funded business
- 5y agoGMIIGMIIUGMIIWSonder Holdings Inc. Expands into France with Addition of Paris Champs-Elysées PropertyBusiness WireAcquires management and operations of Hotel Atala, Sonder's first property in France Sonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has expanded in
- 5y agoGMIIGMIIUGMIIWSonder Holdings Inc. Appoints Hospitality Advisory Executive Gilda Perez-Alvarado to Board of DirectorsBusiness WireSonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has appointed Gilda Perez-Alvarado to its Board of Directors. Perez-Alvarado currently serves as Glo
- 5y agoGMIIUSonder Holdings Inc. Grows Footprint in Mexico Adding Eight Additional PropertiesBusiness WireSonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, is adding eight additional properties to its existing portfolio of managed and operated accommodations
- 5y agoGMIIGMIIUGMIIWSonder Holdings Inc. Continues to Build World Class Board of Directors in Preparation for Public ListingBusiness WireNames Frits van Paasschen, current member of the Board and former President & CEO of Starwood Hotels, as Lead Independent Director Janice L. Sears, former Bank of America executive, joins Board as Audit Committee Chair Sonder Holdings Inc. ("Sond
- 5y agoGMIIGMIIUGMIIWSonder Holdings Inc. to Expand Middle East Presence with Two New High-Rise Towers in Downtown DubaiBusiness WireSonder Holdings Inc. ("Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, will add two additional buildings to its growing portfolio in Dubai, United Arab Emirates. Through an a
- 5y agoGMIIGMIIUSonder Offers Better Stays for Business Travelers Globally With Launch on Global Distribution System and Partnerships with Leading Travel Management CompaniesBusiness WireNext-generation hospitality company's thoughtfully designed, tech-enabled accommodations now available for corporate travel booking through Egencia, TripActions and other TMCs Sonder, a leading next-generation hospitality company that is redefining t
- 5y agoGMIIGMIIUGMIIWSonder Holdings Inc. Reports Strong First Quarter 2021 Results Driven by Rapidly Increasing Travel Demand and Continued Operational ExcellenceBusiness WireQ1 2021 Revenue of $31.6M grew 11% compared to Q4 2020 $77 Revenue per Available Room, Outperforming Traditional Hotels by 2.1x Reaffirms Outlook for FY 2021 Revenue Growth of 49% Gores Metropoulos II, Inc. Files Form S-4 in Connection with Pre
- 5y agoGMIIGMIIUGMIIWSonder, a Next-generation Hospitality Company, to Be Publicly Listed Through Combination With Gores Metropoulos IIBusiness WireThrough 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
- 5y agoGMIIUGores Metropoulos II, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing March 15, 2021Business WireBOULDER, Colo.--(BUSINESS WIRE)--Gores Metropoulos II, Inc. (Nasdaq: GMIIU) (the “Company”) announced that, commencing March 15, 2021, holders of the units sold in the Company’s initial public offering of 45,000,000 units completed on January 22, 2021 may elect to separately trade the shares of Class A common stock and warrants included in the units. Those units not separated will continue to trad ...
- 5y agoGMIIUGores Metropoulos II, Inc. Completes $450 Million Initial Public OfferingBusiness WireBOULDER, Colo.--(BUSINESS WIRE)--Gores Metropoulos II, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, and an affiliate of Metropoulos and Co., and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the ...
- 5y agoGMIIUGores Metropoulos II, Inc. Announces Pricing of $400 Million Initial Public OfferingBusiness WireBOULDER, Colo.--(BUSINESS WIRE)--Gores Metropoulos II, Inc. (the “Company”), a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 40,000,000 units at a price of $10.00 per unit. The un ...