Home / Auditor changes / WM TECHNOLOGY, INC.

4/5WM TECHNOLOGY, INC. (MAPS): Auditor change

Filed 2025-06-09 路 Form 8-K 路 Accession 0001779474-25-000020 micro

Market data

Price before filing: $1.11 (2025-06-06 close, split/dividend-adjusted)
Market cap at flag: $115.5M (2025-06-09) 路 Latest: $34.5M (2026-10-16)

What happened next

WindowMAPSSPYvs SPY
30 days-15.4%+4.5%-19.9%2025-07-09
90 days+9.9%+8.6%+1.3%2025-09-08
180 days-22.4%+14.8%-37.2%2025-12-08

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 2 insiders sold $581K (2 sales)
30 days after: 5 insiders sold $290K (6 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-05-16Camire Brian
GENERAL COUNSEL
Sale373,523$1.09$408KnoForm 4
2025-05-16Francis Douglas (+4 joint filers)
Chief Executive Officer, Director, 10% owner
Sale155,897$1.11$173KnoForm 4
2025-06-09: red flag filed
2025-06-23BAY ANTHONY
Director
Sale10,100$1.02$10KyesForm 4
2025-06-24BAY ANTHONY
Director
Sale36,775$0.91$34KyesForm 4
2025-06-24Freeman Brenda
Director
Sale62,501$0.91$57KyesForm 4
2025-06-24Gonzalez Olga
Director
Sale62,501$0.91$57KyesForm 4
2025-06-24Gordon Scott
Director
Sale94,340$0.91$86KyesForm 4
2025-06-24Ibbott William Glen
Director
Sale50,505$0.91$46KyesForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-11 to 2025-07-09. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"In connection with the notification of the Merger, Moss Adams has resigned as the auditors of the Company, and the Audit Committee of the Company's Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: resigned
Disagreements reported: no
Former auditor: Moss Adams LLP · New auditor: Baker Tilly US, LLP

Why this score: auditor resigned

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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