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 ...

ATLANTA, Oct. 18, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against WM Technology, Inc. ("WM Technology" or "the Company") (NASDAQ: MAPS) f/k/a Silver Spike Acquisition Corp. The lawsuit alleges that throughout the Class Period WM Technology's monthly average user metrics ("MAUs") were inflated, causing them to be false and/or misleading. If you bought shares of WM Technology between May 25, 2021, and September 24, 2024, and you suffered a significant loss on that investment ...

NEW YORK, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of all persons or entities who purchased or otherwise acquired WM Technology, Inc. ("WM Technology" or the "Company") (NASDAQ: MAPS) securities between May 25, 2021, and September 24, 2024, inclusive (the "Class Period"). The lawsuit seeks to recover damages for the Company's investors under ...

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]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Delaware 98-1605615 Washington, D.C. 20549 _______________________________________________________________________________ FORM 10-Q _______________________________________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Fo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________________ FORM 10-K _______________________________________________________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period f ...