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Gores Metropoulos II (GMII) Re-Strikes Deal with Sonder

Gores Metropoulos II (GMII) Re-Strikes Deal with Sonder

Gores Metropoulos II (NASDAQ:GMII) announced this morning it has revised its deal with accommodation-booker Sonder and increased funding for the transaction. The revision drops Sonder’s envisaged enterprise value 12.5% from $2.2 billion to $1.925 billion, but for Sonder this is softened by $110 million in new funding into the PIPE from Gores II affiliates and
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