---
schema_version: "secwatch.filing_event.v1"
accession: "0001779474-23-000029"
form_type: "8-K"
ticker: "MAPS"
cik: "0001779474"
company_name: "WM TECHNOLOGY, INC."
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:32:46.983809+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# WM Technology receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- 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.

## SEC filing metadata
- accession: 0001779474-23-000029
- form_type: 8-K
- ticker: MAPS
- cik: 0001779474
- company_name: WM TECHNOLOGY, INC.
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000029/0001779474-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000029/maps-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779474-23-000029
- JSON: https://secwatch.observer/filing/0001779474-23-000029.json
- Plain text: https://secwatch.observer/filing/0001779474-23-000029.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000029/0001779474-23-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.