James J. Pallotta Discloses 4.98M Share Stake in WM Technology

TL;DR

**Pallotta just revealed a huge 4.98M share stake in WM Technology, signaling a bullish move.**

AI Summary

James J. Pallotta, a prominent investor, has reported beneficial ownership of 4,980,143 shares of WM Technology, Inc.'s Class A Common Stock as of January 5, 2024. This represents a significant stake, giving him sole voting and dispositive power over these shares. This matters to investors because a large, active investor like Pallotta taking such a position can signal confidence in the company's future, potentially influencing other investors and the stock's performance.

Why It Matters

A substantial stake by a known investor like James J. Pallotta can be seen as a vote of confidence, potentially attracting more investor interest and positively impacting WM Technology's stock price.

Risk Assessment

Risk Level: low — This filing indicates a significant ownership stake by an individual, which generally doesn't introduce new risks but rather signals investor confidence.

Analyst Insight

A smart investor would research James J. Pallotta's investment history and consider this significant stake as a potential positive signal for WM Technology, Inc., possibly prompting a deeper dive into the company's fundamentals.

Key Numbers

• 4,980,143 — Shares Beneficially Owned (Represents James J. Pallotta's sole voting and dispositive power over WM Technology Class A Common Stock.)

Key Players & Entities

• James J. Pallotta (person) — Reporting Person, beneficial owner of shares
• WM Technology, Inc. (company) — Subject Company, issuer of the securities
• 4,980,143 shares (dollar_amount) — Shares beneficially owned by James J. Pallotta
• January 5, 2024 (dollar_amount) — Date of event requiring the filing

Forward-Looking Statements

• James J. Pallotta's significant stake could lead to increased institutional investor interest in WM Technology, Inc. (WM Technology, Inc.) — medium confidence, target: Q2 2024

FAQ

Filing Documents

• tm243423d1_sc13g.htm (SC 13G) — 44KB
• 0001104659-24-003945.txt ( ) — 46KB

(a). Name of Issuer: WM Technology, Inc

Item 1 (a). Name of Issuer: WM Technology, Inc.

(b). Address of Issuer’s Principal Executive Offices: 41 Discovery, Irvine, California 92618

Item 1 (b). Address of Issuer’s Principal Executive Offices: 41 Discovery, Irvine, California 92618

(a). Name of Person Filing: James J. Pallotta

Item 2 (a). Name of Person Filing: James J. Pallotta

(b). Address of Principal Business Office or, if none, Residence: 2340 Collins Avenue, 5 th

Item 2 (b). Address of Principal Business Office or, if none, Residence: 2340 Collins Avenue, 5 th Floor, Miami Beach, Florida 33139

(c). Citizenship: Florida

Item 2 (c). Citizenship: Florida

(d). Title of Class of Securities: Class A Common Stock

Item 2 (d). Title of Class of Securities: Class A Common Stock

(e). CUSIP Number: 92971A109

Item 2 (e). CUSIP Number: 92971A109 Item 3. If this Statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) ¨ Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o); (b) ¨ Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); (c) ¨ Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); (d) ¨ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) ¨ An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) ¨ A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) ¨ A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) ¨ A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J); (k) ¨ Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution. Not applicable. CUSIP NO. 92971A109 Page 4 of 5 Pages

Ownership

Item 4.Ownership (a) Amount beneficially owned : See Row 9 of the cover page. (b) Percent of class : See Row 11 of the cover page. (c) Number of shares as to which such person has : (i) Sole power to vote or to direct the vote: See Row 5 of the cover page. (ii) Shared power to vote or to direct the vote: See Row 6 of the cover page. (iii) Sole power to dispose or to direct the disposition of: See Row 7 of the cover page. (iv) Shared power to dispose or to direct the disposition of: See Row 8 of the cover page.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group Not applicable.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not applicable.

Certifications

Item 10. Certifications. Not applicable. CUSIP NO. 92971A109 Page 5 of 5 Pages SIGNATURE After reasonable inquiry and to the best of the undersigned’s knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: January 16, 2024 /s/ James J. Pallotta Name: James J. Pallotta

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