secwatch.observer — SEC 8-K summary
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Issuer:     WM TECHNOLOGY, INC. (MAPS)
CIK:        0001779474
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0001779474-23-000077
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779474/000177947423000077/0001779474-23-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779474/000177947423000077/maps-20231229.htm
  HTML page:      https://secwatch.observer/filing/0001779474-23-000077

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