Defendant Name:
WM Technology, Inc.
Defendant Type:
Public Company
SIC Code:
9999
CUSIP:
92971A10
Document Reference:
33-11309
Document Details
Legal Case Name
In the Matter of WM Technology, Inc.
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
Document Date
24-Sep-2024
Document Format
Administrative Proceeding
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On September 24, 2024, the SEC instituted cease-and-desist proceedings against WM Technology, Inc., stating: "These proceedings arise from WM Technology’s untrue and misleading reporting of “monthly active users,” or “MAU.”"
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Self Reporting to SEC
Monetary Penalties:
Civil Penalty
Individual:
$1,500,000.00
Shared:
