WM Technology Confirms Receipt of Non-Binding Proposal from Co-Founders Regarding Potential Take-Private
IRVINE, Calif., December 19, 2024--WM Technology, Inc. ("WM Technology" or the "Company") (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, today confirmed that it has received a non-binding proposal, dated December 17, 2024 (the "Proposal"), from Douglas Francis, a founder, Chief Executive Officer and Chairman of the Board of Directors (the "Board") of WM Technology, and Justin Hartfield, a founder and stockholder of WM Technology, to purchase a