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WM Technology Inc (NASDAQ:MAPS) declined sharply in after-hours trading on Tuesday after the company announced plans to voluntarily delist its shares from Nasdaq.
MAPS closed the regular session down 0.79% at $0.71 but plunged 37.16% after hours to $0.44.
Overview
WM Technology is a marketplace and technology solutions provider serving the cannabis industry through its Weedmaps platform. The stock has traded between a 52-week low of $0.60 and a high of $1.36.
Delisting Decision
The company announced Tuesday that it will voluntarily delist its Class A common stock and warrants from the Nasdaq Global Select Market.
WM Technology expects to file a Form 25 with the U.S. Securities and Exchange Commission around April 17, with the …
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