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Exchangeable shares and redeemable convertible preferred stock
 3 Months Ended
Mar. 31, 2022
Temporary Equity Disclosure [Abstract]  
Exchangeable shares and redeemable convertible preferred stock Exchangeable shares and redeemable convertible preferred stock
Exchangeable Shares
Upon the consummation of the Business Combination, each share of Sonder Canada exchangeable common shares was exchanged into a new series of the same class of virtually identical Sonder Canada Exchangeable Common Shares (Post-Combination Exchangeable Common Shares) exchangeable for Sonder common stock. At March 31, 2022, Sonder had the following authorized and outstanding Post-Combination Exchangeable Common Shares (in thousands except per share amounts):

March 31, 2022
Shares
Authorized		Shares
Issued and
Outstanding		Issuance
Price
 Per Share		Net
 Carrying
Value		Aggregate
Liquidation
Preference
Post-Combination Exchangeable Common Shares40,000 32,297 $1.54 $49,733 $49,733 
Total exchangeable shares40,000 32,297 $49,733 $49,733 
The net carrying value of the exchangeable shares was included in additional paid-in capital in our condensed consolidated balance sheet.
Sonder had the following authorized and outstanding exchangeable shares (Exchangeable Shares) as of December 31, 2021. The figures below are prior to the application of the merger exchange ratio in the Business Combination, which closed on January 18, 2022 (in thousands except per share amounts):
 December 31, 2021
 Shares
Authorized
Shares
Issued and
Outstanding
Issuance
Price
Per Share
Net
Carrying
Value
Aggregate
Liquidation
Preference
Series AA Common
22,518 9,421 $— $— $— 
Series Seed 1
2,589 2,589 0.53 1,359 1,372 
Series Seed 2
1,209 1,209 0.50 606 605 
Series Seed 3
704 704 1.09 787 768 
Series A
183 183 1.36 250 250 
Series B
2,336 2,336 2.40 5,610 5,605 
Series C
3,175 3,175 5.04 15,991 16,003 
Series D
2,058 1,953 10.50 20,600 20,600 
Series E
421 421 10.77 4,530 4,530 
Total exchangeable shares
35,193 21,991 — $49,733 $49,733 
Upon consummation of of the Business Combination, all the Exchangeable Shares were automatically converted into 32,296,539 post-combination shares of Sonder common stock for a value of $49.7 million (share figure was 21,991,418 shares prior to the application of the merger exchange ratio in the Business Combination, which closed on January 18, 2022).
Redeemable Convertible Preferred Stock
Sonder had the following authorized and outstanding redeemable convertible preferred stock as of December 31, 2021. The figures below are prior to the application of the merger exchange ratio in the Business Combination, which closed on January 18, 2022 (in thousands except per share amounts):
December 31, 2021
Shares
Authorized		Shares
Issued and
Outstanding		Issuance
Price
 Per Share		Net
 Carrying
Value		Aggregate
Liquidation
Preference
Series Seed 13,703 785$0.53 $269 $416 
Series Seed 1-A3,703 3280.53 $174 $174 
Series Seed 21,720 4710.50 $222 $235 
Series Seed 2-A1,720 390.50 $20 $20 
Series Seed 3704 —1.09 $— $— 
Series Seed 3-A704 —1.09 $— $— 
Series A7,023 6,7801.36 $9,241 $9,221 
Series A-17,023 —1.36 $— $— 
Series B15,611 13,2182.40 $27,105 $31,723 
Series B-115,611 —2.40 $— $— 
Series C19,071 12,1445.04 $56,496 $61,204 
Series C-119,071 3,5145.04 $17,708 $17,708 
Series D21,603 3,48210.50 $35,808 $36,560 
Series D-121,603 16,04910.50 $168,518 $168,518 
Series E34,933 18,95610.77 $203,189 $204,159 
Total redeemable convertible preferred stock173,803 75,767— $518,750 $529,938 
Upon the consummation of the Business Combination, all the redeemable convertible preferred stock were automatically converted into 111,271,424 post-combination shares of Sonder common stock for a value of $518.8 million (share figure was 75,757,555 shares prior to the application of the merger exchange ratio in the Business Combination, which closed on January 18, 2022