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Added to YB: 2025-03-10

Pitch date: 2025-03-06

MAPS [bullish]

WM Technology, Inc.

Author Info

No bio for this author

Company Info

WM Technology, Inc. provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally.

Market Cap

$125.6M

Pitch Price

N/A

Price Target

1.85

Dividend

N/A

Sector

Software

Category

special_situation

Show full summary:
WM Technology (MAPS): Founders' Bid Undervalues the Business

MAPS: $1.70 founders bid for cannabis marketplace. Upside to $1.85+ (42%+) on likely deal, 10-15% downside if breaks. Pre-bid $1.5 on strong Q3. 5.5x EV/EBITDA cheap for dominant platform. Near-term conclusion expected. Financing concerns overblown. 20% implied probability seems too low.

Read full article (2 min)