{"schema_version":"secwatch.filing_event.v1","accession":"0001779474-22-000081","form_type":"8-K","ticker":"MAPS","cik":"0001779474","company_name":"WM TECHNOLOGY, INC.","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.084821+00:00","generated_at":"2026-06-22T05:42:03.727676+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"leadership","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"WM Technology Q3 net loss $10.5M; CEO Chris Beals resigns","bullets":["Revenue $50.5M, flat vs $50.9M in Q3 2021; monthly paying clients up 25% to 5,576 but ARPU down 21% to $3,019.","Net loss of $10.5M vs net income of $49.2M a year ago; adjusted EBITDA loss of $9.6M vs positive $10.4M.","Basic and diluted loss per share $0.06; cash $34.2M with no long-term debt.","CEO Chris Beals resigned as CEO and director effective Nov 7; interim CEO is co-founder and Executive Chair Doug Francis.","Separation agreement includes 12-month base salary severance, one-year COBRA, target bonus, and vesting of 292,969 RSUs."],"urls":{"canonical":"https://secwatch.observer/filing/0001779474-22-000081","json":"https://secwatch.observer/filing/0001779474-22-000081.json","markdown":"https://secwatch.observer/filing/0001779474-22-000081.md","text":"https://secwatch.observer/filing/0001779474-22-000081.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1779474/000177947422000081/0001779474-22-000081-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1779474/000177947422000081/maps-20221107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T05:42:03.727676+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"98067f47135f5d62d5b2278c2929a63fda13255b","claim":"WM TECHNOLOGY, INC. reported the third quarter ended September 30, 2022 results: revenue $50.5 million, net income $10.5 million, EPS $0.06.","evidence_excerpt":"Revenue was $50.5 million as compared to $50.9 million in the third quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1779474/000177947422000081/0001779474-22-000081-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$50.5 million"},{"label":"Net income","value":"$10.5 million"},{"label":"EPS","value":"$0.06"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b90a59f752","claim":"Chris Beals resigned as Chief Executive Officer and director at WM TECHNOLOGY, INC..","evidence_excerpt":"On November 3, 2022, Chris Beals, the Company’s Chief Executive Officer and director, tendered his resignation from his role as Chief Executive Officer and from the Board of Directors, effective November 7, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1779474/000177947422000081/0001779474-22-000081-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer and director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}