Published 2 years ago

Gay dating app Grindr going public

Summary by Ground News

Gay-dating app Grindr agrees to merge with a blank-check company. The combined company, to be called Grindr Inc., will be valued at $2.1 billion. U.S. national-security officials ordered Grindr's Chinese owner to sell the app in 2019.

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Reuters

Gay dating app Grindr to go public in $2.1 billion SPAC deal

Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm - a deal that values it at $2.1 billion and features Tiga Investments CEO Raymond Zage on both sides of the transaction.

2 years ago·United Kingdom

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Channel News Asia

Gay dating app Grindr to go public via blank-check company

NEW YORK: Popular gay dating app Grindr LLC has agreed to go public through a blank-check firm whose founder was part of a consortium that bought the company in 2020, according to a filing with the US Securities and Exchange Commission on Monday. The deal with Tiga Acquisition Corp will raise US$

2 years ago·Singapore

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The Hill

Gay dating app Grindr going public

Grindr, a dating app for the LGBTQ community, announced on Monday that it will become a public company. In a statement on Monday, Grindr said it has merged with Tiga Acquisition Corp. (TAC), a spe…

2 years ago·Washington, United States

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IBTimes

Gay Dating App Grindr To Go Public Via Blank-check Company

Popular gay dating app Grindr LLC has agreed to go public through a blank-check firm whose founder was part of a consortium that bought the company in 2020, according to a filing with the U.S. Securities and Exchange Commission on Monday. The deal with Tiga Acquisition Corp will raise $384 million including $284 million of the special-purpose acquisition company's cash in trust plus up to $100 million in a forward purchase agreement, valuing the…

2 years ago·United States

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The Straits Times

Gay dating app Grindr to go public via Spac at $2.9 billion valuation

NEW YORK (REUTERS) - Popular gay dating app Grindr has agreed to go public through a blank-cheque firm or Spac whose founder was part of a consortium that bought the company in 2020, according to a filing with the US Securities and Exchange Commission on Monday (May 9). . Read more at straitstimes.com.

2 years ago·Singapore

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