Grindr is Going Public — What’s Behind the 2.1B Valuation?

May 10, 2022 · On May 9, the company behind popular LGBTQ social networking app Grindr announced that it will be going public after merging with special purpose acquisition company …

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Grindr Is Going Public — What’s Behind The $2.1 Billion Valuation?

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May 10, 2022 · On May 9, the company behind popular LGBTQ social networking app Grindr announced that it will be going public after merging with special purpose acquisition company …

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Grindr Is Going Public Via SPAC At A $2.1 Billion Valuation - Yahoo …

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May 9, 2022 · Grindr said Monday it will merge with a SPAC dubbed Tiga Acquisition Corp. The deal values the LGBTQ+ dating app at a total enterprise value of $2.1 billion post transaction …

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Grindr Dating App To Go Public Through Tiga SPAC At $2.1 Billion …

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May 9, 2022 · (Bloomberg) -- Grindr LLC, the dating app that specializes in connections for the LGBTQ+ community, has agreed to go public through a blank-check firm in a deal that values …

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Notable Dating App Grindr To Go Public Via $2.1B Tiga Acquisition …

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May 10, 2022 · The presentation argues that Grindr is earlier in their monetization journey, providing more upside. Grindr reports 11 million monthly active users and 723,000 paying …

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Gay Dating App Grindr To Go Public In $2.1 Billion SPAC Deal

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May 9, 2022 · 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 …

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Grindr To Go Public With $2.1 Billion Valuation And Merge With Tiga

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May 10, 2022 · Grindr is Going Public According to Bloomberg, Grindr and Tiga are merging to form a combined entity with a $2.1 billion valuation, which will give the dating app access to …

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Grindr Stock Skyrockets After SPAC Merger, Minting At Least

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Nov 18, 2022 · Grindr first announced a deal to merge with Tiga Acquisition Corp. in May at a valuation of $2.1 billion, including debt. Tiga’s shareholders approved the deal on Tuesday, …

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Social Network Grindr Going Public At $2.1B Value | Philstar.com

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May 10, 2022 · Los Angeles-based Grindr expected to raise $384 million when it combines with Tiga Acquisition Corp and becomes Grindr Inc.

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Gay Dating App Grindr To Go Public In $2.1 Billion SPAC Deal

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May 10, 2022 · (Reuters) -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 …

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Is Grindr Publicly Traded? Dating App Going Public With SPAC

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May 10, 2022 · The dating app's valuation is expected to reach $2.1 billion based on the terms of the deal with Tiga Acquisition. Grindr is expected to receive $284 million in cash from Tiga and …

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Social Network Grindr Going Public At $2.1 Billion Value

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May 10, 2022 · Social network Grindr said it has hooked up with a special purpose acquisition company to become a publicly traded company valued, out of the gate, at $2.1 bill Social …

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Owler Reports - Grindr: Grindr Is Going Public With A $2.1 Billion ...

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The LGBTQ+ dating app is going public through a blank check firm or Special Purpose Acquisition Company (SPAC) called Tiga, Bloomberg reports. They're merging to form a combined entity …

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Grindr To Go Public In $2.1 Billion Deal : R/stocks - Reddit

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James F. Lu, Chair of Grindr’s Board of Directors, said, “Bringing Grindr to the public markets with TAC furthers our mission to connect the LGBTQ+ community. This transaction is a milestone …

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FAQs about Grindr is Going Public — What’s Behind the 2.1B Valuation? Coupon?

When does Grindr go public?

Grindr goes public on the New York Stock Exchange on November 18, 2022. The LGBTQ+ dating app went public on the New York Stock Exchange today through a merger with the special purpose vehicle Tiga Acquisition Corp. Shares surged by more than 200%, providing a massive—but possibly temporary—windfall for the firm’s investors. ...

How much money did Grindr make in 2021?

Grindr posted a $5.1 million profit on $146 million revenues in 2021, up from a $13 million net loss and $104 million in sales in 2020. The app operates in more than 190 countries and territories and reported 10.8 million monthly active users in 2021, with about 744,000 paying users as of June. ...

What happened to Grindr?

LOS ANGELES-- (BUSINESS WIRE)--Grindr, the #1 social network for the LGBTQ+ community, today announced that it has entered into a definitive agreement to merge with Tiga Acquisition Corp. (NYSE: TINV) (“TAC”), a special purpose acquisition company. Upon completion of the transaction, the combined company will be named Grindr Inc. ...

What happened to Grindr & SPAC in 2022?

Amid a slowdown in public offerings in 2022, one company has bucked that trend this week. Grindr, the LGBTQ+ dating app founded in 2009, merged with a special purpose acquisition company (SPAC) Friday on the New York Stock Exchange, with the stock surging as much as 493% around 11 am EST before falling and closing 214% higher at $36.50 per share. ...

Is Grindr ready to be a public company?

Grindr, based in West Hollywood, California, had been approached by a half-dozen SPACs prior to entering into the agreement with Tiga, Chief Financial Officer Gary Hsueh said in an interview. “From our perspective, we’re ready to be a public company,” he said. ...

Who owns Grindr & Tiga?

Tiga Acquisition Corp (TINV.N), the Singapore-based special purpose acquisition company (SPAC) that will merge with Grindr, is controlled by Zage. Under the deal, Grindr will receive $284 million in cash from Tiga and up to $100 million in a forward purchase agreement. ...