WM TECHNOLOGY, INC. (MAPS): Nasdaq/NYSE listing notice — WM Technology receives Nasdaq deficiency notice for bid price below $1.00

WM TECHNOLOGY, INC.

Nasdaq notified on Apr 19, 2023 that MAPS closing bid was below $1.00 for 30 consecutive days.
Company has 180 days, until Oct 16, 2023, to regain compliance; no immediate delisting effect.
Options include reverse stock split or transfer to Nasdaq Capital Market for extension.
If not cured, stock may be delisted; company can appeal any delisting determination.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

WM TECHNOLOGY, INC. received a nasdaq deficiency notice notice regarding late filing (rules 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(H)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(H)

Exact text from the filing

April 19, 2023, 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 eff

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WM TECHNOLOGY, INC. filing history →

Source: SEC EDGAR

accession 0001779474-23-000029

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