secwatch.observer — SEC 8-K summary
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Issuer:     WM TECHNOLOGY, INC. (MAPS)
CIK:        0001779474
Form:       8-K
Filed at:   2026-10-13T20:16:59+00:00
Accession:  0001779474-26-000035
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

WM Technology unit pays $32.4M to exit 113,692-sq-ft LA lease; signs Austin lease with $14.3M base rent
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- Ghost Management Group terminated its 113,692-sq-ft lease at 767 S. Alameda Street, Los Angeles (ROW DTLA) effective Oct 7, 2026; it originally ran to Feb 2031.
- Termination fee to Alameda Square Owner LLC totals $32,420,959.43, paid in 53 monthly installments starting Oct 2026 ($650,438.97-$678,018.90, easing to $243,451.55 by 2030-31).
- Landlord retains the $1.5M cash security deposit as collateral; WM Holding Company LLC's guaranty is now limited to the termination fee, with stipulation for entry of judgment on default.
- New Austin lease with 7th and SM LP covers 26,223 sq ft at 924 E. 7th Street, starting by Feb 1, 2027, 114-month term, ~$14.3M aggregate base rent.
- Austin landlord provides up to ~$1.7M in tenant-improvement allowance; subsidiary must post a ~$0.8M letter of credit or cash deposit within 10 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1779474/000177947426000035/0001779474-26-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1779474/000177947426000035/maps-20261006.htm
  HTML page:      https://secwatch.observer/filing/0001779474-26-000035

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