WM Technology Appoints New Directors, Announces Officer Compensation

Ticker: MAPSW · Form: 8-K · Filed: Mar 1, 2024 · CIK: 1779474

Wm Technology, Inc. 8-K Filing Summary
FieldDetail
CompanyWm Technology, Inc. (MAPSW)
Form Type8-K
Filed DateMar 1, 2024
Risk Levelmedium
Pages3
Reading Time4 min
Key Dollar Amounts$0.0001, $11.50, $60,000, $3,000
Sentimentneutral

Sentiment: neutral

Topics: board-changes, executive-compensation, management

TL;DR

New board members for WM Tech, check executive pay details.

AI Summary

WM Technology, Inc. announced on February 26, 2024, the departure of director Michael J. Weisz and the appointment of two new directors, David A. Glickman and David M. Z. Lee. The company also reported on compensatory arrangements for its named executive officers.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation are crucial for understanding management incentives.

Risk Assessment

Risk Level: medium — Board changes and executive compensation disclosures can impact investor confidence and signal potential strategic shifts.

Key Players & Entities

  • WM TECHNOLOGY, INC. (company) — Registrant
  • Michael J. Weisz (person) — Departing Director
  • David A. Glickman (person) — Appointed Director
  • David M. Z. Lee (person) — Appointed Director
  • Silver Spike Acquisition Corp. (company) — Former Company Name

FAQ

Who has departed from the board of directors at WM Technology, Inc.?

Michael J. Weisz has departed from the board of directors.

Who are the newly appointed directors at WM Technology, Inc.?

David A. Glickman and David M. Z. Lee have been appointed as new directors.

What is the date of the earliest event reported in this 8-K filing?

The earliest event reported is February 26, 2024.

What was WM Technology, Inc.'s former company name?

WM Technology, Inc.'s former company name was Silver Spike Acquisition Corp.

What are the main topics covered in this 8-K filing?

This filing covers the departure of directors, election of directors, appointment of officers, and compensatory arrangements of certain officers.

Filing Stats: 996 words · 4 min read · ~3 pages · Grade level 11.7 · Accepted 2024-03-01 16:22:22

Key Financial Figures

  • $0.0001 — which registered Class A Common Stock, $0.0001 par value per share MAPS The Nasdaq Gl
  • $11.50 — A Common Stock at an exercise price of $11.50 per share MAPSW The Nasdaq Global Sel
  • $60,000 — mpany will pay SeatonHill a retainer of $60,000 a month, or at the option of the Compan
  • $3,000 — month, or at the option of the Company, $3,000 per day. In addition, the Company will

Filing Documents

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. The following exhibits are filed with this Current Report on Form 8-K: No. Description of Exhibits 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: March 1, 2024 WM TECHNOLOGY, INC. By: /s/ Douglas Francis Douglas Francis Executive Chair

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