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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.
WM Technology, Inc. reported first-quarter 2026 results, generating revenue of $43.6 million and net income of $1.7 million. Revenue was slightly lower than the $44.6 million recorded a year earlier as softer conditions in core cannabis markets weighed on client advertising spend.
Average monthly paying clients declined to 4,983 from 5,179, while average monthly revenue per paying client inched up to $2,914 from $2,871, reflecting churn among lower-spending clients. Adjusted EBITDA was $5.9 million, down from $10.1 million in the prior-year period, but the company continued to post positive EBITDA.
WM Technology ended March 31, 2026 with $57.0 million in cash, cash equivalents and marketable securities and 159.0 million total shares outstanding across Class A and Class V common stock. For the second quarter of 2026, management expects revenue to decline by a low-single-digit percentage sequentially from the first quarter.
Morgan Stanley files an amendment to a Schedule 13G/A reporting it holds 0.0% of WM Technology, Inc. Class A common stock as of 04/30/2026. The filing lists shared voting power of 26,048 shares and shared dispositive power of 44,966 shares for certain Morgan Stanley reporting units. The signature is dated 05/07/2026.
WM Technology, Inc. is holding a virtual 2026 annual meeting on June 24, 2026, asking stockholders to declassify its board so all directors stand for annual election, approve executive pay on an advisory basis, ratify MGO as auditor, and elect directors.
The company has voluntarily delisted its common stock and warrants from Nasdaq, with trading moving to the OTCQX Best Market and OTCID Exchange under “MAPS” and “MAPSW,” and it expects to file a Form 15 to deregister and suspend Exchange Act reporting. It discloses ongoing material weaknesses in internal control over financial reporting and recent changes in independent auditors.
BlackRock, Inc. amended a Schedule 13G/A to report beneficial ownership of 5,456,421 shares of WM Technology Inc. Class A stock, representing 4.9% of the class as disclosed. The filing lists sole voting power of 5,378,334 shares and sole dispositive power of 5,456,421 shares. The amendment references Reporting Business Units and attaches Exhibits including a Power of Attorney and Item 7 subsidiary information; the schedule was signed on 04/27/2026.
WM Technology, Inc. notifies the SEC of removal of its Class A Common Stock and associated warrants from listing on the Nasdaq Global Select Market by filing a Form 25 on April 17, 2026.
The filing identifies Class A Common Stock (par value $0.0001 per share) and warrants exercisable for one share at an exercise price of $11.50 per share.
WM Technology, Inc. is soliciting proxies for its virtual Annual Meeting on June 24, 2026 to vote on four principal items: (1) a proposal to amend the Certificate of Incorporation to declassify the Board for immediate annual director elections; (2) a non-binding advisory vote on 2025 named executive officer compensation; (3) ratification of Macias Gini & O’Connell LLP (MGO) as independent auditors for 2026; and (4) director elections under two alternative ballots depending on the declassification outcome. The record date for voting is April 27, 2026. The proxy statement discloses the Company’s plan to file a Form 25 to delist Class A common stock and warrants from Nasdaq (effective 10 days after filing), an expected subsequent Form 15 to deregister and suspension of Exchange Act reporting, and an intent to seek quotation on the OTCQX Best Market. The statement notes prior auditor changes and disclosure of material weaknesses in internal control over financial reporting.