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Sonder Holdings, Gores Metropoulos II Close Business Combination.

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M2 EQUITYBITES-January 20, 2022-Sonder Holdings, Gores Metropoulos II Close Business Combination

(C)2022 M2 COMMUNICATIONS http://www.m2.com

California-based hospitality company Sonder Holdings Inc has closed a business combination with special purpose acquisition company Gores Metropoulos II, Inc. (NASDAQ: GMII), which is sponsored by affiliates of The Gores Group, LLC, and Metropoulos and Co, the company said.

The combined company will operate as Sonder Holdings Inc. and will commence trading its common stock and publicly traded warrants on the NASDAQ Global Select Market tomorrow under the ticker symbols "SOND" and "SONDW," respectively.

Sonder will retain its experienced management team. Davidson will continue to serve as Co-Founder and CEO and Banker will continue to serve as president and CFO.

Sonder will be scheduling a bell ringing ceremony with NASDAQ at a later date to formally celebrate its public listing.

Goldman Sachs and Co. LLC served as exclusive financial advisor to Sonder. Wilson Sonsini Goodrich and Rosati, P.C. served as legal advisor to Sonder.

Morgan Stanley and Co. LLC served as lead financial advisor and Deutsche Bank Securities Inc. and Citigroup served as capital markets advisors to GM II. Moelis and Company LLC acted as...

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