NEW YORK, Oct. 20, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf purchasers of the securities of WM Technology, Inc. (NASDAQ: MAPS) between May 25, 2021, and September 24, 2024, both dates inclusive (the "Class Period"). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 16, 2024 in the securities class action first filed by the Firm. SO WHAT: ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In WM Technology To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in WM Technology between May 25, 2021 and September 24, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247- 4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Oct. 19, 2 ...

NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ: MAPS) in the United States District Court for the Central District of California on behalf of all persons and entities who purchased or otherwise acquired WM Technology securities between May 25, 2021, and September 24, 2024, both dates inclusive (the "Class Pe ...

Core Points - A shareholder class action lawsuit has been filed against WM Technology, Inc. alleging that the company's monthly average user metrics were inflated, leading to misleading information [1] - The lawsuit pertains to shares purchased between May 25, 2021, and September 24, 2024, and encourages affected investors to discuss their legal rights [1] - The deadline for investors to request to be appointed as lead plaintiff in the case is December 16, 2024 [2] Company Information - WM Technology, Inc. was previously known as Silver Spike Acquisition Corp and is listed on NASDAQ under the ticker MAPS [1] - Holzer & Holzer, LLC is representing the shareholders in this litigation and has a history of recovering significant amounts for investors affected by corporate misconduct [2]

Core Viewpoint - A securities class action lawsuit has been filed against WM Technology, Inc. for allegedly misleading investors regarding its monthly average user metrics and overall business performance during the class period from May 25, 2021, to September 24, 2024 [1][2]. Group 1 - The lawsuit seeks to recover damages for investors who purchased or acquired WM Technology securities during the specified class period [1]. - Allegations include that the company's monthly average user metrics were significantly inflated, leading to materially false and misleading statements about its business and operations [2]. - The lawsuit claims that when the true information became public, investors suffered damages as a result of the misleading statements [2]. Group 2 - Investors are encouraged to contact the law firm Gainey McKenna & Egleston before the lead plaintiff motion deadline of December 16, 2024, to discuss their rights [2]. - The firm provides contact information for interested investors to seek further assistance regarding the class action [2].

Core Viewpoint - WM Technology, Inc. is under investigation for potential violations of federal securities laws and unlawful business practices, following charges from the SEC regarding negligent misrepresentations in its reporting of "monthly active users" [2][1] Group 1: SEC Charges and Financial Impact - The SEC charged WM Technology, its former CEO Christopher Beals, and former CFO Arden Lee for negligent misrepresentations related to the company's key operating metric, "monthly active users" [2] - WM Technology agreed to pay a civil penalty of $1,500,000 as part of the SEC's administrative proceedings [2] - Following the SEC announcement, WM Technology's stock price fell by 1.9% on September 25, 2024 [2] Group 2: Legal Representation and Investor Rights - Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of WM Technology stockholders who may have suffered losses [1][3] - The law firm encourages long-term stockholders or those with information to reach out for more details regarding their rights and interests [3]

NEW YORK, Sept. 27, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of WM Technology, Inc. (NASDAQ: MAPS) resulting from allegations that WM Technology may have issued materially misleading business information to the investing public. So What: If you purchased WM Technology securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ...

NEW YORK, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of WM Technology, Inc. ("WM Technology" or "the Company") (NASDAQ: MAPS). Investors who purchased WM Technology securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/MAPS. Investigation Details On September 25, 2024, the U.S. Securities and Exchange Commission (the "SEC") iss ...

hometowncd Two months ago, I said here that WM Technology (NASDAQ:MAPS) could double soon, and it is barely higher. The company reported its Q2 earlier this month after being late on its Q4 and Q1 earlier this year. The stock is the largest in my model portfolio that I share with subscribers of 420 Investor, and I continue to expect that it could rally significantly. WM Technology Q2 Was Solid When I last wrote about MAPS, it was less than a month after they released their Q4 and Q1 financials, which were l ...

Financial Performance - Net Revenues decreased to $45.9 million compared to $48.4 million in the prior year period[6, 7] - Net Income was $1.2 million, compared to $2.0 million in the prior year period[6, 7] - Adjusted EBITDA was $10.1 million, slightly down from $10.2 million in the prior year period[6, 7] - The Adjusted EBITDA margin was 22% compared to 21% in the prior year period[16] Customer Metrics - Average Monthly Paying Clients decreased to 5,045 from 5,609 in the prior year period[6, 11] - Average Monthly Net Revenues per Paying Client increased to $3,033 compared to $2,878 in the prior year period[6, 12] Revenue Breakdown - Weedmaps for Business and other SaaS subscriptions revenue increased to $13.4 million from $11.3 million[12] - Featured and deal listings revenue decreased to $28.4 million from $33.0 million[12] - Other ad solutions revenue slightly decreased to $4.1 million from $4.2 million[12] Balance Sheet and Cash Flow - Cash and Cash Equivalents increased to $41.3 million from $34.4 million at the end of the previous year[13]