Sonder Holdings (SOND) just unveiled an announcement.
Sonder Holdings Inc. is facing a delay in filing its annual financial report, which has led to a notice from Nasdaq regarding non-compliance with listing rules. However, this notice doesn’t immediately impact the trading of Sonder’s stocks. The company is planning to submit a compliance plan within 60 days to regain its standing and has up to 180 days to do so. Despite uncertainties, Sonder aims to file the overdue report promptly, while acknowledging the potential risks and uncertainties that come with the delay.
For a thorough assessment of SOND stock, go to TipRanks’ Stock Analysis page.
