secwatch.observer — SEC 8-K summary
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Issuer:     WM TECHNOLOGY, INC. (MAPS)
CIK:        0001779474
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0001779474-24-000068
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779474/000177947424000068/0001779474-24-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779474/000177947424000068/maps-20241218.htm
  HTML page:      https://secwatch.observer/filing/0001779474-24-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer