WM Technology director resigns, exec chair gets $1.02M salary; Nasdaq compliance regained

WM TECHNOLOGY, INC.

Director Justin Hartfield resigned from board and Technology Committee effective Aug 9, 2023, citing no disagreement.
Executive Chair Douglas Francis entered employment agreement: $1.02M base salary and $700k signing bonus for prior work.
Nasdaq confirmed company regained compliance with minimum bid price requirement; closing bid price at least $1.00 for 10 consecutive days.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Justin R. Hartfield

member of the board of directors and the Technology Committee

MAPS · WM TECHNOLOGY, INC.

Effective: 2023-08-09
Filed: August 15, 2023, 7:59 PM ET

On August 9, 2023, Justin R. Hartfield notified WM Technology, Inc. (the “Company”) of his decision to resign as a member of the Company’s board of directors (the “Board”), and the Technology Committee of the Board, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Justin R. Hartfield resigned as member of the board of directors and the Technology Committee at WM TECHNOLOGY, INC..

Action: resigned
Role: member of the board of directors and the Technology Committee

Exact text from the filing

On August 9, 2023, Justin R. Hartfield notified WM Technology, Inc. (the “Company”) of his decision to resign as a member of the Company’s board of directors (the “Board”), and the Technology Committee of the Board, effective immediately.

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WM TECHNOLOGY, INC. filing history →

Source: SEC EDGAR

accession 0001779474-23-000066

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