Sonder holdings inc. issues statement regarding silicon valley bank

San francisco--(business wire)--sonder holdings inc. (nasdaq: sond; the “company” or “sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, issued a statement regarding silicon valley bank. the company had $289 million of cash and restricted cash as of december 31, 2022, over half of which is held in a aaa-rated blackrock money market fund.
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