WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your Pocket™, today confirmed that the Special Committee of its Board of Directors (the “Board”) has received a non-binding, unsolicited take-private proposal from large shareholders Ray Zage and James Lu (the “Proposing Shareholders”) to acquire Grindr for $18.00 per share in...
A consortium of Grindr shareholders who own more than 60% of its outstanding shares, including George Raymond Zage III and James Fu Bin Lu, has submitted a non-binding proposal to take the dating app private, offering $18 per share.
Proposed Offer Represents 51% Premium to Unaffected Stock Price LOS ANGELES , Oct. 24, 2025 /PRNewswire/ -- George Raymond Zage III and James Fu Bin Lu (together, the "Proposing Shareholders"), who along with affiliated entities beneficially own in aggregate more than 60% of the outstanding shares of common stock of Grindr Inc. (the "Company" or "Grindr") (NYSE: GRND), today submitted a non-bin...
Grindr Inc (NYSE:GRND) shares surged 22.7% in the early afternoon on Friday after the LGBTQ+ dating and social networking app received a formal buyout proposal from its controlling shareholders, potentially taking the company private. The offer, detailed in a filing with the Securities and Exchange Commission (SEC), comes from chairman James Fu Bin Lu and investor George Raymond Zage III, who t...
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, announced that it will release its financial results for the third quarter ended September 30, 2025, after the market closes on Thursday, November 6, 2025. Grindr will issue a press release when its Shareholder Letter has been posted to its Investor Relations website at https://investors.grindr.com. F...
Grindr's days as a public company could be numbered.
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