Anuncio • 6h
WM Technology, Inc. Provides Earnings Guidance for the Third Quarter 2026 WM Technology, Inc. provided earnings guidance for the third quarter 2026. The Company expected third quarter 2026 revenue to decline by mid-single digit percentages sequentially from the second quarter. Anuncio • Jul 24
WM Technology, Inc. to Report Q2, 2026 Results on Aug 06, 2026 WM Technology, Inc. announced that they will report Q2, 2026 results After-Market on Aug 06, 2026 Anuncio • May 13
WM Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2026 WM Technology, Inc. provided earnings guidance for the second quarter of 2026. For the period, the company expects revenue to decline by low-single digit percentages sequentially from the first quarter. Anuncio • Apr 21
WM Technology, Inc., Annual General Meeting, Jun 24, 2026 WM Technology, Inc., Annual General Meeting, Jun 24, 2026. Anuncio • Apr 08
WM Technology, Inc. Announces Voluntary Delisting from Nasdaq WM Technology, Inc. announced its decision to voluntarily delist its Class A common stock and warrants from The Nasdaq Global Select Market (“Nasdaq”). The Company intends to file a Form 25 with the Securities and Exchange Commission (the “SEC”) to delist its Class A common stock and warrants from Nasdaq and to deregister its Class A common stock and warrants under Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), on or about April 17, 2026, and as a result, the Company expects that the last trading day of its Class A common stock and warrants on Nasdaq will be on or about April 24, 2026. Once permitted, the Company expects to file a Form 15 with the SEC to deregister its Class A common stock and warrants under the Exchange Act and suspend the Company’s duty to file any reports required under Section 13(a) and 15(d) of the Exchange Act. Following a thorough review, the Company’s Board of Directors (the “Board”) concluded that delisting the Company’s securities from Nasdaq is in the best interests of the Company, its shareholders, and other stakeholders. The Board’s decision was the result of careful review and consideration of several factors, including, but not limited to, (1) the limitations a Nasdaq listing places on the Company’s operations and strategies for providing services to cannabis end markets, (2) the constraints on the Company's ability to achieve long-term, sustainable value creation in an evolving industry, (3) the lack of significant liquidity in the Company’s securities due to a lack of comparable companies and limited investor interest and analyst coverage, and (4) the required personnel resources and expenses relating to continued Exchange Act and Nasdaq disclosure and reporting requirements and other regulatory burdens, which have resulted and would continue to result in significant operating expense and attention of the Company’s management team. Following the delisting of the Company’s Class A common stock and warrants from Nasdaq, the Company expects that its Class A common stock and warrants will be quoted for trading on a market operated by OTC Markets Group Inc. (the “OTC”) so that a trading market may continue to exist for such securities. There is no guarantee, however, that a broker will continue to make a market in the Company’s Class A common stock and warrants. Reported Earnings • Mar 13
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$0.018 (down from US$0.079 in FY 2024). Revenue: US$174.7m (down 5.3% from FY 2024). Net income: US$1.96m (down 74% from FY 2024). Profit margin: 1.1% (down from 4.1% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 87%. Revenue is forecast to stay flat during the next 2 years compared to a 16% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Feb 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$72.1m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Significant insider selling over the past 3 months (US$321k sold). Market cap is less than US$100m (US$72.1m market cap). Anuncio • Feb 27
WM Technology, Inc. to Report Q4, 2025 Results on Mar 12, 2026 WM Technology, Inc. announced that they will report Q4, 2025 results After-Market on Mar 12, 2026 Recent Insider Transactions • Feb 22
Chief Technology Officer recently sold US$183k worth of stock On the 18th of February, Sarah Griffis sold around 271k shares on-market at roughly US$0.68 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.3m more than they bought in the last 12 months. Anuncio • Feb 06
WM Technology, Inc. Receives Nasdaq Notice Regarding Minimum Bid Price Deficiency On February 4, 2026, WM Technology, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), was below $1.00 per share, which is the minimum closing bid price required for continued listing on the Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Notice”). This Notice is a notice of deficiency, not delisting, and has no immediate effect on the listing of the Company’s Common Stock, and the Company’s Common Stock will continue to trade on The Nasdaq Global Select Market under the symbol “MAPS” at this time, subject to the Company’s compliance with the other Nasdaq listing requirements. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company is provided a compliance period of 180 calendar days from the date of the Notice, or until August 3, 2026, to regain compliance with the minimum closing bid price requirement. If at any time during the 180-calendar day grace period, the closing bid price of the Company’s Common Stock is at least $1.00 per share for a minimum of ten consecutive business days (unless the Nasdaq staff exercises its discretion to extend this ten business day period pursuant to Nasdaq Listing Rule 5810(c)(3)(H)), Nasdaq will provide the Company written confirmation of compliance, and the matter will be closed. If the Company does not regain compliance during the compliance period, the Company may be provided a second 180 calendar day period to regain compliance if it applies to transfer the listing of the Company’s Common Stock to the Nasdaq Capital Market. To qualify, the Company must meet the continued listing requirement for market value of publicly-held shares and all other initial listing standards for the Nasdaq Capital Market (with the exception of the minimum bid price requirement), based on the Company’s most recent public filings and market information and notify Nasdaq of its intent to cure the deficiency by effecting a reverse stock split, if necessary. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by Nasdaq, the Company’s stock will be subject to delisting. The Company would have the right to appeal a determination to delist the Company’s Common Stock, and the Company’s Common Stock would remain listed on the Nasdaq Global Select Market until the completion of the appeal process. The Company intends to monitor the closing bid price of its stock and assess potential actions to regain compliance. While the Company plans to review all available options, there can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second 180-day period to regain compliance, or maintain compliance with the other Nasdaq listing requirements. Anuncio • Feb 04
WM Technology, Inc. Appoints Harry DeMott and Brent Cox to Board of Directors, Effective February 1, 2026 WM Technology, Inc. announced the appointment of Harry DeMott and Brent Cox to the Company’s Board of Directors, effective February 1, 2026. The Company also announced that Susan Echard will continue to serve as Chief Financial Officer, transitioning from a contracted arrangement to employment with the Company, effective January 30, 2026. Harry DeMott is an investor, operator, and board member with experience spanning cannabis and technology. He is a General Partner of Raptor Ventures, which he co-founded, and is part of the founding group at Outsider Labs, an AI startup. Mr. DeMott previously founded and served as CEO of Proper, a data company focused on the cannabis industry, and has served on public-company boards including Workhorse Group Inc., where he chaired the compensation committee, and Achari Ventures Holdings Corp., where he chaired the audit committee. He holds an A.B. in Economics from Princeton University and an M.B.A. from New York University’s Stern School of Business. Brent Cox is a seasoned investment professional and board advisor with experience across growth and regulated businesses, including cannabis. He is the Founder and Managing Principal of Subtext Holdings, a private investment firm with an emphasis on high-growth emerging markets and regulated industries, and Co-Founder and Managing Partner of The Inception Companies, a private investment firm. He currently serves on the board of Ispire Technology, with prior cannabis board experience including MedMen, Sunday Goods, Sherbinskis, Wellgreens, and Pacific Dutch Group. Mr. Cox began his career in the Leveraged Finance Group at Jefferies & Co. and holds a B.S. in Accounting from the University of Southern California. Buy Or Sell Opportunity • Dec 17
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to US$1.08. The fair value is estimated to be US$1.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to decline by 3.8% in 2 years. Earnings are forecast to grow by 215% in the next 2 years. Valuation Update With 7 Day Price Move • Dec 12
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to US$1.09, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 17x in the Software industry in the US. Negligible returns to shareholders over past three years. Recent Insider Transactions • Nov 23
Co-Founder recently sold US$132k worth of stock On the 18th of November, Douglas Francis sold around 159k shares on-market at roughly US$0.83 per share. This transaction amounted to 2.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Douglas has been a net seller over the last 12 months, reducing personal holdings by US$615k. New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$289k sold). Reported Earnings • Nov 07
Third quarter 2025 earnings: EPS misses analyst expectations Third quarter 2025 results: EPS: US$0.023 (down from US$0.034 in 3Q 2024). Revenue: US$42.2m (down 9.4% from 3Q 2024). Net income: US$2.46m (down 26% from 3Q 2024). Profit margin: 5.8% (down from 7.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 50%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Anuncio • Nov 07
WM Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of 2025 WM Technology, Inc. provided earnings guidance for the fourth quarter of 2025. For the quarter, the company's Revenue is estimated to be approximately $41 million to $43 million. Anuncio • Oct 24
WM Technology, Inc. to Report Q3, 2025 Results on Nov 06, 2025 WM Technology, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Buy Or Sell Opportunity • Oct 21
Now 21% undervalued Over the last 90 days, the stock has risen 6.5% to US$1.04. The fair value is estimated to be US$1.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 8.8% in 2 years. Earnings are forecast to grow by 229% in the next 2 years. Price Target Changed • Sep 23
Price target decreased by 26% to US$2.61 Down from US$3.51, the current price target is provided by 1 analyst. New target price is 110% above last closing price of US$1.24. The company is forecast to post earnings per share of US$0.16 for next year compared to US$0.079 last year. Anuncio • Aug 30
WM Technology, Inc. Announces Resignation of Olga Gonzalez as Member of Board of Directors, Effective September 2, 2025 On August 25, 2025, Olga Gonzalez notified WM Technology, Inc. (Company) of her decision to resign as a member of the company’s board of directors (Board) and all committees of the Board, effective September 2, 2025. Ms. Gonzalez’s decision was not based on any disagreement with the Company or on any matter relating to the Company’s operations, policies or practices. Anuncio • Aug 21
WM Technology, Inc. Announces Resignation of Tony Aquila as Member of the Company's Board of Directors and All Committees of the Board, Effective September 2, 2025 On August 13, 2025, Tony Aquila notified WM Technology, Inc. of his decision to resign as a member of the Company's board of directors and all committees of the Board, effective September 2, 2025. Anuncio • Aug 08
WM Technology, Inc. Provides Earnings Guidance for the Third Quarter of 2025 WM Technology, Inc. provided earnings guidance for the third quarter of 2025. For the period, the company expects revenue to be approximately $41 million- $43 million. Anuncio • Jul 25
WM Technology, Inc. to Report Q2, 2025 Results on Aug 07, 2025 WM Technology, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Recent Insider Transactions • May 21
General Counsel & Secretary recently sold US$408k worth of stock On the 16th of May, Brian Camire sold around 374k shares on-market at roughly US$1.09 per share. This transaction amounted to 43% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$924k more than they bought in the last 12 months. Reported Earnings • May 09
First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2025 results: EPS: US$0.016 (up from US$0.013 in 1Q 2024). Revenue: US$44.6m (flat on 1Q 2024). Net income: US$1.65m (up 33% from 1Q 2024). Profit margin: 3.7% (up from 2.8% in 1Q 2024). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 42% per year, which means it is performing significantly worse than earnings. Anuncio • May 09
WM Technology, Inc. Provides Earnings Guidance for the Second Quarter of 2025 WM Technology, Inc. provided earnings guidance for the second quarter of 2025. For the quarter, the company’s revenue is estimated to be approximately $45 million. Anuncio • Apr 30
WM Technology, Inc., Annual General Meeting, Jun 24, 2025 WM Technology, Inc., Annual General Meeting, Jun 24, 2025. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$1.25, the stock trades at a forward P/E ratio of 16x. Average trailing P/E is 32x in the Software industry in the US. Total loss to shareholders of 79% over the past three years. Anuncio • Apr 25
WM Technology, Inc. to Report Q1, 2025 Results on May 08, 2025 WM Technology, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Board Change • Apr 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director William Ibbott was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.13, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 5x in the Software industry in the US. Total loss to shareholders of 86% over the past three years. Reported Earnings • Mar 14
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$0.079 (up from US$0.11 loss in FY 2023). Revenue: US$184.5m (down 1.9% from FY 2023). Net income: US$7.64m (up US$17.5m from FY 2023). Profit margin: 4.1% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 43%. Revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. Anuncio • Mar 14
WM Technology, Inc. Provides Earning Guidance for the First Quarter of 2025 WM Technology, Inc. provided earning guidance for the first quarter of 2025. For the period, Revenue is estimated to be approximately $43 million. Anuncio • Feb 28
WM Technology, Inc. to Report Q4, 2024 Results on Mar 13, 2025 WM Technology, Inc. announced that they will report Q4, 2024 results After-Market on Mar 13, 2025 Recent Insider Transactions • Feb 23
Co-Founder recently sold US$127k worth of stock On the 18th of February, Douglas Francis sold around 92k shares on-market at roughly US$1.38 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Douglas' only on-market trade for the last 12 months. Anuncio • Jan 06
WM Technology, Inc. Appoints Sarah Griffis as Chief Technology Officer WM Technology, Inc. announced the appointment of Sarah Griffis as the Company’s new Chief Technology Officer, effective January 6, 2025. Prior to joining Weedmaps, Griffis spent three years as Chief Technology Officer at Cerebral, a digital healthcare company improving access to mental health support. Griffis’ previous roles included engineering leadership at GoodRx, preceded by two years at Kindbody. Griffis received her bachelor’s degree in Environmental Science Engineering from Caltech. Anuncio • Dec 19
Messrs. Douglas Francis and Justin Hartfield proposed to acquire remaining 68% stake in WM Technology, Inc. (NasdaqGS:MAPS) from AFV Partners LLC and others for approximately $240 million. Messrs. Douglas Francis and Justin Hartfield proposed to acquire remaining 68% stake in WM Technology, Inc. (NasdaqGS:MAPS) from AFV Partners LLC and others for approximately $240 million on December 17, 2024. Francis and Hartfield. Messrs. Francis and Hartfield currently beneficially own approximately 32% of the outstanding shares of WM Technology’s common stock. According to the terms of the Proposal, which is subject to certain conditions, Messrs. Francis and Hartfield would acquire all of the shares of common stock of WM Technology not already owned by Messrs. Francis and Hartfield for $1.70 per share of common stock of WM Technology. The Board has formed a special committee consisting of disinterested and independent directors to consider the Proposal. The proposal will be conditioned upon (a) the approval by a Special Committee of the Board (after consulting with its advisors, provided the Special Committee is comprised of disinterested directors that are fully independent and empowered to consider our proposal) and, on the Special Committee’s recommendation, the full Board and (b) a fully-informed approval of the holders of a majority of the shares of the Company’s stock that will not be rolled into the Transaction. The special committee has retained Evercore Group L.L.C. as its independent financial advisor and Allen Overy Shearman Sterling US LLP as its independent legal advisor to assist it in considering the Proposal. Jefferies LLC acted as financial advisor and Cadwalader, Wickersham & Taft LLP acted as legal advisor to Doug Francis and Justin Hartfield. Anuncio • Nov 26
Pomerantz Law Firm Announces the Filing of a Class Action Against WM Technology, Inc Pomerantz LLP announced that a class action lawsuit has been filed against WM Technology, Inc. The class action concerns whether WM and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On August 9, 2022, WM disclosed in a filing with the U.S. Securities and Exchange Commission ("SEC") that its board of directors had received an internal complaint relating to "the calculation, definition, and reporting of MAUs [monthly active users]", a self-described key operating metric for the Company. Specifically, WM reported that "growth of monthly active users, reported as MAUs, has been driven by the purchase of pop-under advertisements," but that "internal data suggests that the vast majority of users who are directed. Then, on September 24, 2024, the SEC issued a litigation release (the "Release") in which it announced that it had "charged [WM], its former CEO, Christopher Beals, and its former CFO, Arden Lee, for making negligent representations in WM Technology's public reporting of [MAUs] for WM Technology's online cannabis marketplace." The Release also noted that the SEC had instituted a related settled administrative proceeding against WM Technology" and that the Company had "agreed to pay a civil penalty of $1,500,00. New Risk • Nov 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 14
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: US$0.034 (up from US$0.016 loss in 3Q 2023). Revenue: US$46.6m (flat on 3Q 2023). Net income: US$3.33m (up US$4.87m from 3Q 2023). Profit margin: 7.2% (up from net loss in 3Q 2023). Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 50% per year, which means it has not declined as severely as earnings. Anuncio • Nov 13
WM Technology, Inc. Provides Earnings Guidance for the Fourth Quarter of 2024 WM Technology, Inc. provided earnings guidance for the fourth quarter of 2024. For the quarter, the company’s net revenues are estimated to be approximately $46 million. Anuncio • Oct 30
WM Technology, Inc. to Report Q3, 2024 Results on Nov 12, 2024 WM Technology, Inc. announced that they will report Q3, 2024 results After-Market on Nov 12, 2024 Anuncio • Oct 18
Rosen Law Firm Files Securities Class Action Lawsuit on Behalf of WM Technology, Inc. Investors Rosen Law Firm announced it has filed a class action lawsuit on behalf of purchasers of the securities of WM Technology, Inc. between May 25, 2021, and September 24, 2024, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for WM Technology investors under the federal securities laws. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: WM Technology’s monthly average user metrics (MAUs) were severely inflated for years; and as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If wish to serve as lead plaintiff, must move the Court no later than December 16, 2024. Anuncio • Oct 12
WM Technology Receives Letter from Nasdaq Regarding Non-Compliance with the Minimum Closing Bid Price Requirement for Continued Listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(a)(1) On October 9, 2024, WM Technology, Inc. (the ‘Company’) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s Class A common stock, par value $0.0001 per share (the ‘Common Stock’), was below $1.00 per share, which is the minimum closing bid price required for continued listing on the Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the ‘Notice’). This Notice is a notice of deficiency, not delisting, and has no immediate effect on the listing of the Company’s Common Stock, and the Company’s Common Stock will continue to trade on The Nasdaq Global Select Market under the symbol ‘MAPS’ at this time, subject to the Company’s compliance with the other Nasdaq listing requirements. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company is provided a compliance period of 180 calendar days from the date of the Notice, or until April 7, 2025, to regain compliance with the minimum closing bid price requirement. If at any time during the 180-calendar day grace period, the closing bid price of the Company’s Common Stock is at least $1.00 per share for a minimum of ten consecutive business days (unless the Nasdaq staff exercises its discretion to extend this ten business day period pursuant to Nasdaq Listing Rule 5810(c)(3)(H)), Nasdaq will provide the Company written confirmation of compliance, and the matter will be closed. If the Company does not regain compliance during the compliance period, the Company may be provided a second 180 calendar day period to regain compliance if it applies to transfer the listing of the Company’s Common Stock to the Nasdaq Capital Market. To qualify, the Company must meet the continued listing requirement for market value of publicly-held shares and all other initial listing standards for the Nasdaq Capital Market (with the exception of the minimum bid price requirement), based on the Company’s most recent public filings and market information and notify Nasdaq of its intent to cure the deficiency by effecting a reverse stock split, if necessary. If the Company does not regain compliance within the allotted compliance periods, including any extensions that may be granted by Nasdaq, the Company’s stock will be subject to delisting. The Company would have the right to appeal a determination to delist the Company’s Common Stock, and the Company’s Common Stock would remain listed on the Nasdaq Global Select Market until the completion of the appeal process. The Company intends to monitor the closing bid price of its stock and assess potential actions to regain compliance. While the Company plans to review all available options, there can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second 180-day period to regain compliance, or maintain compliance with the other Nasdaq listing requirements. Anuncio • Oct 02
Weedmaps Appoints Glen Ibbott to Board of Directors Weedmaps announced the appointment of Glen Ibbott to the Company’s Board of Directors, effective October 1, 2024. A seasoned executive with more than 25 years of experience, Ibbott is the founder of GK Financial Ventures, a financial consulting company. He previously spent nearly seven years as Chief Financial Officer of Aurora Cannabis Inc., a Nasdaq and TSX-listed global cannabis company. Prior to his time at Aurora, Ibbott was CFO at biotechnology company QLT Inc., and before that, he held a number of senior finance roles at publicly traded companies across Canada. Ibbott holds MBAs from both Cornell University and Queen’s University, an undergraduate degree in Business Administration (Accounting) from Simon Fraser University, and is a Canadian Chartered Professional Accountant. New Risk • Sep 10
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$90.5m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Market cap is less than US$100m (US$90.5m market cap). Board Change • Aug 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Anthony Bay was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Anuncio • Aug 09
WM Technology, Inc. Provides Earnings Guidance for the Third Quarter of 2024 WM Technology, Inc. provided earnings guidance for the third quarter of 2024. For the period, net revenues are estimated to be approximately $44 million. Anuncio • Jul 26
WM Technology, Inc. to Report Q2, 2024 Results on Aug 08, 2024 WM Technology, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2024 Anuncio • Jun 13
WM Technology, Inc., Annual General Meeting, Jul 24, 2024 WM Technology, Inc., Annual General Meeting, Jul 24, 2024. Anuncio • May 31
WM Technology, Inc. Regains Compliance with Nasdaq Listing Rule 5250(c)(1) As previously reported, on April 2, 2024, WM Technology, Inc. (the Company") received a notice from the Listing Qualifications Department (the Staff") of the Nasdaq Stock Market (Nasdaq"), which indicated that, as a result of the Company's delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023 (the Annual Report"), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the Rule"), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the SEC"). As also previously reported, on May 14, 2024, the Company received an additional notice from the Staff which indicated that, as a result of the Company's delay in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2024 (the Quarterly Report") and its continued delay in filing its Annual Report, the Company remained out of compliance with the Rule. On May 29, 2024, the Company received a letter from the Staff (the Compliance Notice") notifying the Company that, based on the May 24, 2024 filing of the Annual Report and Quarterly Report, the Staff has determined that the Company has regained compliance with the Rule and that the matter is now closed. Anuncio • May 18
WM Technology, Inc. Receives Non-Compliance Notice from Nasdaq On May 14, 2024, WM Technology, Inc. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”), which indicated that, as a result of the Company’s delay in filing its Quarterly Report on Form 10-Q for the period ended March 31, 2024 (the “Quarterly Report”) and its continued delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023 (the “Annual Report”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires Nasdaq-listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the “SEC”). As previously disclosed in the Company’s Current Report on Form 8-K filed on April 8, 2024, the Company received a separate delinquency notification (the “Initial Notice”) from the Staff of Nasdaq advising the Company that due to the failure to timely file its Annual Report, the Company is not in compliance with the Listing Rule. In the Initial Notice, Nasdaq provided the Company 60 days, or until June 3, 2024, to submit a plan (the “Plan”), to regain compliance with the Listing Rule. If Nasdaq accepts the Company’s plan to regain compliance, then Nasdaq may grant the Company up to 180 calendar days from the prescribed due date of its Annual Report, or until September 30, 2024, to file its Annual Report to regain compliance. The Company will file its Annual Report as soon as practicable and anticipates that its Annual Report will be filed prior to the date on which the Company is required to submit the Plan; however, if its Annual Report is not filed by such date, the Company will instead submit the Plan. The Notice has no immediate effect on the listing of the Company’s securities on Nasdaq. The Company continues to work diligently to complete the preparation of its financial statements and file its Annual Report and Quarterly Report as soon as reasonably possible. The Company plans to file its Quarterly Report as soon as practicable following the completion and filing of its Annual Report. Anuncio • May 15
WM Technology, Inc. announced delayed 10-Q filing On 05/13/2024, WM Technology, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Anuncio • Apr 09
WM Technology Receives Delinquency Notification from Nasdaq Regarding Non-Compliance with Nasdaq Listing Rule 5250(c)(1) WM Technology, Inc. (‘WM Technology’ or the ‘Company’) announced it received an expected delinquency notification letter from Nasdaq’s Listing Qualifications Department on April 2, 2024 which indicated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2023 (‘Annual Report’). The Nasdaq listing rules require listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the ‘SEC’). This notification has no immediate effect on the listing of the Company’s securities on Nasdaq. As described in the Company’s Form 12b-25 Notification of Late Filing filed on March 18, 2024, and subsequent Form 8-K filed on April 1, 2024, the delay in filing the Company’s Annual Report is due to a recent change in the Company’s executive finance leadership and corresponding delay in the preparation of the Company’s financial statements to be included in the Annual Report and the Company’s need to complete additional financial-closing procedures associated with one or more material weaknesses in internal control over financial reporting. Nasdaq informed the Company that it must submit a plan to regain compliance (the ‘Plan’) within 60 calendar days, or by June 3, 2024, to address how it intends to regain compliance with the Nasdaq listing rules. If accepted, Nasdaq can grant an exception of up to 180 calendar days from the original due date of the Annual Report, or until September 30, 2024, to regain compliance. The Company will file the Form 10-K as soon as practicable and anticipates that the Form 10-K will be filed prior to the date on which the Company is required to submit the Plan, however, if the Form 10-K is not filed by such date, the Company will instead submit the Plan. The Company will continue to work diligently to complete and file the Annual Report as soon as practicable and will take the necessary steps to regain compliance with the Nasdaq listing rules as soon as possible. Anuncio • Mar 19
WM Technology, Inc. announced delayed annual 10-K filing On 03/18/2024, WM Technology, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. New Risk • Mar 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$85.4m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Significant insider selling over the past 3 months (US$79k sold). Market cap is less than US$100m (US$85.4m market cap). 
