Sonder holdings inc. reports inducement grants under nasdaq listing rule 5635(c)(4)

Thornton, colo., sept. 12, 2023 (globe newswire) -- sonder holdings inc. (nasdaq: sond; “sonder”) today announced that on september 12, 2023, the compensation committee of sonder's board of directors made equity inducement grants of stock options exercisable for an aggregate of one million seven hundred thirty-two thousand two hundred (1,732,200) shares of its common stock to sixty (60) newly hired employees under the sonder holdings inc. 2023 inducement equity incentive plan, as amended (the “inducement plan”). the grants included stock options to purchase one million two hundred thousand (1,200,000) shares of sonder's common stock granted to katherine e. potter in connection with her employment as the company's general counsel. the stock options were granted as an inducement material to the employees' entering into employment with sonder (or one of its subsidiaries) pursuant to nasdaq listing rule 5635(c)(4).
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