---
schema_version: "secwatch.filing_event.v1"
accession: "0001779474-23-000077"
form_type: "8-K"
ticker: "MAPS"
cik: "0001779474"
company_name: "WM TECHNOLOGY, INC."
filed_at: "2023-12-29T23:59:59+00:00"
generated_at: "2026-06-07T05:58:52.767238+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Nasdaq notified WM Technology on Dec 29, 2023 that its common stock bid price was below $1.00 for 30 consecutive days.
- Company has 180 calendar days, until June 26, 2024, to regain compliance with the minimum bid price rule.
- If compliance not achieved, WM Technology may transfer to Nasdaq Capital Market for a second 180-day cure period.
- Stock continues trading on Nasdaq Global Select Market under symbol MAPS while the deficiency is outstanding.
- Company is evaluating options, including a possible reverse stock split, to regain compliance.

## SEC filing metadata
- accession: 0001779474-23-000077
- form_type: 8-K
- ticker: MAPS
- cik: 0001779474
- company_name: WM TECHNOLOGY, INC.
- filed_at: 2023-12-29T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000077/0001779474-23-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000077/maps-20231229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001779474-23-000077
- JSON: https://secwatch.observer/filing/0001779474-23-000077.json
- Plain text: https://secwatch.observer/filing/0001779474-23-000077.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: December 29, 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1779474/000177947423000077/0001779474-23-000077-index.htm

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