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WM TECHNOLOGY, INC.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Silver Spike Acquisition Corp. (Nasdaq: SSPK), sponsored by Silver Spike Capital, was a cannabis-focused blank-check company that completed its IPO in 2020. The SPAC announced and closed its business combination with WM Technology, Inc., the operator of Weedmaps, a leading cannabis marketplace and software-as-a-service platform, with the deal finalizing in June 2021. Following the merger, WM Technology began trading on Nasdaq under the ticker MAPS. The transaction represented one of the first high-profile de-SPAC deals in the regulated cannabis technology sector. The combined company provides market data, advertising, and compliance tools to cannabis retailers and brands across North America. Sign up at SpacDesk for full deal timelines, filing history, and sponsor analytics on SSPK and hundreds of other SPACs.

Announced
2021-06-10
Closed
2021-06-22
PIPE Raised
$250–500M
Industry
Cannabis

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
SSPKSilver Spike Acquisition Corp.Closed2021-06-102021-06-22$325.0M$325.0MSilver Spike Capital