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Sonder will merge with SPAC to go public

Written by Lauren | May 3, 2021 8:53:16 PM

Sonder confirmed Friday that it will go public by merging with a SPAC backed by billionaires Alec Gores and Dean Metropoulos. The company scored a valuation of $2.2 billion in the deal and expects to reap $650 million in the offering, Reuters reported.