secwatch.observer — SEC 8-K summary
======================================

Issuer:     WM TECHNOLOGY, INC. (MAPS)
CIK:        0001779474
Form:       8-K
Filed at:   2026-04-07T23:59:59+00:00
Accession:  0001779474-26-000015
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 3.01, 4.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WM Technology (MAPS) voluntarily delists from Nasdaq; last trading day on or about April 24, 2026
--------------------------------------------------------------------------------

- Will file Form 25 on or about April 17, 2026; securities expected to be quoted on OTC Markets, but no guarantee of market making.
- Board cites limitations from Nasdaq listing on cannabis operations, low liquidity, and high regulatory costs as reasons.
- Dismissed auditor Baker Tilly; engaged Macias Gini & O'Connell; prior audits had adverse opinion on internal controls due to material weaknesses.
- Director Scott Gordon resigned effective April 6, 2026, with no disagreement with the company.
- Deregistration under Exchange Act planned via Form 15, suspending SEC reporting obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779474/000177947426000015/0001779474-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779474/000177947426000015/maps-20260403.htm
  HTML page:      https://secwatch.observer/filing/0001779474-26-000015

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