WM Technology receives $1.70/share take-private proposal from co-founders

WM TECHNOLOGY, INC.

Co-founders Doug Francis and Justin Hartfield propose to acquire all outstanding shares not owned by them for $1.70 per share.
Francis and Hartfield currently beneficially own approximately 32% of WM Technology (MAPS) common stock.
Board forms special committee of independent directors; Evercore retained as financial advisor, Allen Overy Shearman Sterling as legal advisor.
No assurance that definitive agreement will be reached; no stockholder action required at this time.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.