other material
confidence high
sentiment neutral
materiality 0.60
WM TECHNOLOGY, INC. (MAPS): auditor change — WM Technology auditor Baker Tilly resigns due to staffing constraints; material weakness in internal controls remains
WM TECHNOLOGY, INC.
- Baker Tilly notified WM Technology on June 8, 2023 of its resignation, effective after filing Q2 2023 10-Q.
- No accounting disagreements existed; resignation is due to Baker Tilly's staffing constraints.
- Previously disclosed material weakness in internal controls over financial reporting remains unremediated as of Dec 31, 2022.
- Company expects to complete remediation of the material weakness by end of 2023.
- WM Technology is in the process of selecting a new independent registered public accounting firm.