M&A - Grindr Inc.

Form Type: SCHEDULE 13D/A

Filing Date: 2025-04-16

Corporate Action: Acquisition

Type: Update

Accession Number: 000114036125014168

Filing Summary: This Schedule 13D/A Amendment No. 3 reports that Ashish Gupta, the Reporting Person, is no longer the beneficial owner of more than 5% of Grindr Inc.'s Common Stock due to dilution. The Reporting Person previously acquired shares in connection with a Business Combination involving the merger of Legacy Grindr and Tiga Acquisition Corp., following which Grindr Inc. was formed. Gupta currently holds 9,125,501 shares, representing approximately 4.4% of the outstanding shares, based on 208,246,400 shares reported as of March 5, 2025. During the last five years, Gupta has had no criminal or civil proceedings against him. His investment strategy may involve acquiring or disposing of additional securities of the Issuer based on various market conditions and outcomes of ongoing evaluations relating to the Issuer's business and financial position. The document also references an amended registration rights agreement ensuring that certain shares are registered for resale under the Securities Act.

Form Type: SCHEDULE 13D/A

Filing Date: 2025-02-21

Corporate Action: Acquisition

Type: Update

Accession Number: 000114036125005525

Filing Summary: The document outlines the acquisition of 15,543,617 shares of Common Stock of Grindr Inc. by the Reporting Persons, which include Tiga Investments Eighty-Eight Pte Ltd, Tiga Investments Pte. Ltd., Big Timber Holdings, LLC, and G. Raymond Zage, III. The shares were acquired through the closing of the Business Combination involving a merger with Tiga Acquisition Corp. The percentage ownership reported for the Reporting Persons is approximately 44.9%, 44.9%, 0.5%, and 48.9% based on the total 191,260,833 shares outstanding. Mr. Zage, as the main equityholder, has sole voting power over a significant number of shares. The acquisitions were financed through personal funds and a loan related to the exercise of warrants. The Reporting Persons intend to review their investments continuously and may engage in various actions concerning their holdings based on market evaluations and company conditions.