WM Technology receives buyout proposal from founders for $1.70/share, stock price increases

From Nasdaq: 2024-12-18 22:37:16

WM Technology Inc. (MAPS) has received a proposal from its CEO and another founder to purchase all outstanding common stock not already owned by them for $1.70 per share. The special committee will carefully consider the proposal with the help of financial and legal advisors to act in the best interests of all stockholders. MAPS stock closed Wednesday’s trading at $1.39, up 13.93%, and gained an additional 4.31% in after-hours trading.



Read more at Nasdaq: WM Technology Receives $1.70/shr Buyout Proposal From Founders