WM TECHNOLOGY, INC. MAPS (last ticker on record)
CIK 1779474Its SEC filings (opens in a new tab)
- Restructuring
- 95% wipeout
- SEC/DOJ scrutiny
- Restatement
- Delisting notice (not a red flag)
These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.
- Red flags
- 4
- Newest began May 2024
- Largest fall in its shares
- 98%
- Jun 2021 to Oct 2026
- Law firms
- 6
- Linked to 5 or more companies
- Lawyers
- 11
- Linked to 5 or more companies
What happened
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- SEC administrative actionSEC order (opens in a new tab)
- SEC administrative proceedingSEC order (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
- A filing mentions cooperating with the SECForm 10-K (opens in a new tab)
- Shares down 95% from their high
- Exit or disposal costs (Item 2.05)Form 8-K (opens in a new tab)
- Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
- A filing mentions a grand jury subpoenaForm 8-K (opens in a new tab)
An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.
Law firms
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Cooley LLPFirst linked Jan 2021 · Named in SEC correspondence · 1,634 linked companiesSEC/DOJ scrutiny 0.71× · Went dark 0.44× · 95% wipeout 1.24×
- Davis PolkFirst linked Jun 2019 · Named in SEC correspondence · 1,694 linked companiesSEC/DOJ scrutiny 1.26× · Went dark 0.06× · 95% wipeout 1.02×
- Skadden, Arps, Slate, Meagher & Flom LLPFirst linked Jun 2019 · Named in SEC correspondence · 2,607 linked companiesSEC/DOJ scrutiny 1.15× · Went dark 0.19× · 95% wipeout 0.85×
- Covington & BurlingFirst linked Jan 2021 · Text search only · 447 linked companiesSEC/DOJ scrutiny 1.07× · Went dark 0.27× · 95% wipeout 0.99×
- Gibson, Dunn & Crutcher LLPFirst linked Jan 2021 · Text search only · 1,125 linked companiesSEC/DOJ scrutiny 1.23× · Went dark 0.20× · 95% wipeout 0.96×
- Maples and CalderFirst linked Jun 2019 · Text search only · 1,144 linked companiesSEC/DOJ scrutiny 0.95× · Went dark 0.26× · 95% wipeout 0.92×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Cooley LLP | Jan 2021 | Named in SEC correspondence | 1,634 | 0.71 | 0.44 | 1.24 |
| Davis Polk | Jun 2019 | Named in SEC correspondence | 1,694 | 1.26 | 0.06 | 1.02 |
| Skadden, Arps, Slate, Meagher & Flom LLP | Jun 2019 | Named in SEC correspondence | 2,607 | 1.15 | 0.19 | 0.85 |
| Covington & Burling | Jan 2021 | Text search only | 447 | 1.07 | 0.27 | 0.99 |
| Gibson, Dunn & Crutcher LLP | Jan 2021 | Text search only | 1,125 | 1.23 | 0.20 | 0.96 |
| Maples and Calder | Jun 2019 | Text search only | 1,144 | 0.95 | 0.26 | 0.92 |
Lawyers
The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.
- Dave PeinsippCooley LLPFirst linked Jul 2021 · Named in a filing · 43 linked companiesSEC/DOJ scrutiny 1.69× · Went dark 0.00× · 95% wipeout 1.73×
- David PeinsippCooley LLPFirst linked Jan 2021 · Named in SEC correspondence · 86 linked companiesSEC/DOJ scrutiny 1.13× · Went dark 0.00× · 95% wipeout 1.55×
- Garth OstermanCooley LLPFirst linked Jan 2021 · Named in a filing · 11 linked companiesSEC/DOJ scrutiny 2.28× · Went dark 0.00× · 95% wipeout 1.71×
- Kristin VanderPasCooley LLPFirst linked Jan 2021 · Named in SEC correspondence · 61 linked companiesSEC/DOJ scrutiny 0.47× · Went dark 0.00× · 95% wipeout 1.49×
- Lee HochbaumDavis PolkFirst linked Jan 2021 · Named in SEC correspondence · 28 linked companiesSEC/DOJ scrutiny 0.93× · Went dark 0.00× · 95% wipeout 1.99×
- Peter ByrneCooley LLPFirst linked Jan 2021 · Named in SEC correspondence · 29 linked companiesSEC/DOJ scrutiny 1.54× · Went dark 0.00× · 95% wipeout 1.08×
- Jonathan KoPaul HastingsFirst linked Jul 2019 · Named in SEC correspondence · 65 linked companiesSEC/DOJ scrutiny 1.63× · Went dark 0.00× · 95% wipeout 0.97×
- Deanna L. KirkpatrickDavis PolkFirst linked Jun 2019 · Named in SEC correspondence · 112 linked companiesSEC/DOJ scrutiny 1.74× · Went dark 0.00× · 95% wipeout 0.76×
- Derek J. DostalDavis PolkFirst linked Jun 2019 · Named in SEC correspondence · 114 linked companiesSEC/DOJ scrutiny 1.03× · Went dark 0.00× · 95% wipeout 1.22×
- Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLPFirst linked Jun 2019 · Named in SEC correspondence · 206 linked companiesSEC/DOJ scrutiny 1.74× · Went dark 0.21× · 95% wipeout 0.99×
- Eric C. JensenCooley LLPFirst linked Jan 2021 · Text search only · 66 linked companiesSEC/DOJ scrutiny 0.58× · Went dark 0.00× · 95% wipeout 0.97×
| Name | First linked | How it is known | Linked companies | SEC/DOJ scrutiny | Went dark | 95% wipeout |
|---|---|---|---|---|---|---|
| Dave PeinsippCooley LLP | Jul 2021 | Named in a filing | 43 | 1.69 | 0.00 | 1.73 |
| David PeinsippCooley LLP | Jan 2021 | Named in SEC correspondence | 86 | 1.13 | 0.00 | 1.55 |
| Garth OstermanCooley LLP | Jan 2021 | Named in a filing | 11 | 2.28 | 0.00 | 1.71 |
| Kristin VanderPasCooley LLP | Jan 2021 | Named in SEC correspondence | 61 | 0.47 | 0.00 | 1.49 |
| Lee HochbaumDavis Polk | Jan 2021 | Named in SEC correspondence | 28 | 0.93 | 0.00 | 1.99 |
| Peter ByrneCooley LLP | Jan 2021 | Named in SEC correspondence | 29 | 1.54 | 0.00 | 1.08 |
| Jonathan KoPaul Hastings | Jul 2019 | Named in SEC correspondence | 65 | 1.63 | 0.00 | 0.97 |
| Deanna L. KirkpatrickDavis Polk | Jun 2019 | Named in SEC correspondence | 112 | 1.74 | 0.00 | 0.76 |
| Derek J. DostalDavis Polk | Jun 2019 | Named in SEC correspondence | 114 | 1.03 | 0.00 | 1.22 |
| Gregg A. NoelSkadden, Arps, Slate, Meagher & Flom LLP | Jun 2019 | Named in SEC correspondence | 206 | 1.74 | 0.21 | 0.99 |
| Eric C. JensenCooley LLP | Jan 2021 | Text search only | 66 | 0.58 | 0.00 | 0.97 |