regulatory
confidence high
sentiment negative
materiality 0.65
WM Technology receives Nasdaq deficiency notice for bid price below $1.00
WM TECHNOLOGY, INC.
- Nasdaq notice on Oct 9, 2024, for 30 consecutive business days of closing bid price below $1.00 per share.
- Company has 180 calendar days until April 7, 2025, to regain compliance.
- To cure, stock must close at $1.00+ for ten consecutive business days.
- If not cured, may seek transfer to Nasdaq Capital Market or effect a reverse stock split.
- No immediate delisting; MAPS continues trading while cure period runs.