Welcome to our dedicated page for WM TECHNOLOGY SEC filings (Ticker: MAPS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
WM Technology, Inc. filings document the company’s public-company reporting for the Weedmaps cannabis marketplace and related eCommerce and compliance software business. Form 8-K reports furnish quarterly and annual operating results, preliminary financial information, non-GAAP measures such as Adjusted EBITDA, and material corporate events.
The filing record also covers the company’s Class A common stock and warrants, including Nasdaq listing-status notices and the Form 25 for voluntary withdrawal from listing and Section 12(b) registration. Proxy materials document annual meeting voting matters, board composition, governance procedures, director compensation, executive employment and severance arrangements, and related stockholder disclosures.
WM Technology, Inc., operator of the Weedmaps cannabis marketplace and SaaS tools, reported Q2 2026 revenues of $42,446 (in thousands) and first-half revenues of $86,004 (in thousands), slightly lower than the prior-year periods. Q2 operating income was $2,352 (in thousands), and net income attributable to the company was $2,023 (in thousands), or basic and diluted EPS of $0.02.
As of June 30, 2026, cash and cash equivalents were $60,499 (in thousands) and total assets $190,571 (in thousands), with total liabilities reduced to $51,745 (in thousands) after paying a $2,659 (in thousands) tax receivable agreement obligation and the expiration of all outstanding warrants. The allowance for credit losses rose to $8,399 (in thousands), driven by aging receivables and pressure on cannabis customers, particularly in California, which generated about 62% of revenues. A securities class action alleging misstatements about monthly active users is in settlement for $7,500,000, subject to final court approval; the company has accrued about $2.4 million, with the remainder expected from insurers, and has separately agreed to governance reforms to resolve related derivative suits.
WM Technology, Inc. reported second-quarter 2026 revenue of $42.4 million, down from $44.8 million a year earlier, as customers faced margin pressure and cash-flow constraints. Consolidated net income rose to $2.9 million from $2.2 million, and adjusted EBITDA was $5.0 million, down from $11.7 million. Basic and diluted Class A EPS were $0.02, compared with $0.01 in the prior-year quarter.
Average monthly paying clients were 5,040, down from 5,241, and average monthly revenue per paying client slipped to $2,807 from $2,852, reflecting churn and lower spend in established markets. Cash stood at $60.5 million and total shares outstanding across Class A and Class V common stock were 159.7 million as of June 30, 2026. Management expects third-quarter 2026 revenue to decline by mid-single digit percentages sequentially from the second quarter and continues to highlight EBITDA and adjusted EBITDA as key non-GAAP performance measures.
WM Technology, Inc. reported results of its 2026 Annual Meeting of Stockholders, reconvened on July 16, 2026. As of the April 27, 2026 record date, 159,228,945 common shares were outstanding; 133,406,607 shares, about 84%, were represented. Stockholders did not approve an amendment to declassify the board of directors, with 84,306,299 votes for and 8,938,023 against. They approved, on a non-binding advisory basis, 2025 compensation for named executive officers and ratified Macias Gini & O’Connell LLP as independent registered public accounting firm with 110,850,271 votes for. Three Class II directors—Brent Cox, Harry DeMott, and Brenda Freeman—were elected to terms running until the 2029 annual meeting.
WM Technology, Inc. director Brenda Freeman received an award of 180,000 restricted stock units, each representing one share of Class A common stock, vesting on the earlier of one year from grant or the next annual stockholders meeting, subject to continuous service. On July 17, 2026, she sold 62,501 shares at a weighted-average price of about $0.367 per share under a Rule 10b5-1 trading plan to cover tax withholding obligations and related commissions arising from RSU vesting.
WM Technology, Inc. ownership disclosure: Senvest Management, LLC and Richard Mashaal reported beneficial ownership of 6,186,206 shares of Class A Common Stock, representing 5.6% of the class based on 111,376,293 shares outstanding as of May 4, 2026.
The reported securities are held in accounts for Senvest Master Fund, LP and Senvest Technology Partners Master Fund, LP; Senvest Management, LLC is identified as investment manager and Mr. Mashaal as its managing member.
WM Technology, Inc. adjourned its 2026 Annual Meeting of Stockholders, which was convened in virtual format on June 24, 2026, and rescheduled it to July 16, 2026 at 10:00 a.m. Pacific Time. No business was conducted before the adjournment.
The meeting was postponed to allow more time for stockholders to vote on a proposal to amend the Certificate of Incorporation to declassify the Board of Directors and move to annual elections for all directors. At the reconvened meeting, stockholders will also vote on executive compensation on a non-binding advisory basis, ratification of Macias Gini & O’Connell LLP as independent auditor for 2026, the election of directors under structures that depend on the outcome of the declassification proposal, and any other proper business. The record date remains April 27, 2026, and the reconvened meeting will be held virtually at www.virtualshareholdermeeting.com/MAPS2026.
WM Technology, Inc.'s Chief Executive Officer Douglas Francis reported a tax-related share disposition. On Class A Common Stock, 92,771 shares were withheld at $0.385 per share to satisfy tax obligations tied to vesting restricted stock units, leaving him with 8,375,016 Class A shares held directly.
Francis also reports substantial indirect holdings of Class V Common Stock through LLCs and a family trust. These Class V shares carry voting rights but no economic rights and are exchangeable, together with related units, into Class A Common Stock on a one-for-one basis.
WM Technology, Inc. Chief Technology Officer Sarah Griffis reported a routine share disposition related to taxes. On May 15, 2026, 59,025 shares of Class A Common Stock were withheld at $0.385 per share to satisfy tax withholding obligations from vesting restricted stock units.
These shares were delivered back to the company rather than sold in the open market. After this tax-withholding transaction, Griffis directly holds 1,469,943 shares of Class A Common Stock.
WM Technology, Inc. General Counsel Brian Camire reported a routine share disposition related to taxes. The company withheld 82,910 shares of Class A Common Stock at a value of $0.385 per share to cover tax obligations from vesting restricted stock units. After this tax-withholding event, Camire directly holds 1,658,743 shares of Class A Common Stock.