Grindr Inc. Files 8-K on Financials and Operations

TL;DR

Grindr filed an 8-K on Jan 23, 2025, updating on financials. Check it out.

AI Summary

On January 23, 2025, Grindr Inc. filed an 8-K report detailing its financial condition and other events. The filing includes information related to its common stock and warrants, with the company incorporated in Delaware and headquartered in West Hollywood, California.

Why It Matters

This 8-K filing provides an update on Grindr Inc.'s financial condition and operational events, which is crucial for investors to assess the company's performance and future prospects.

Risk Assessment

Risk Level: low — This filing is a routine 8-K report providing standard financial and operational updates, not indicating any immediate or significant risks.

Key Players & Entities

• Grindr Inc. (company) — Registrant
• Tiga Acquisition Corp. (company) — Former Company Name
• January 23, 2025 (date) — Date of Report
• West Hollywood, California (location) — Business Address
• Delaware (location) — State of Incorporation

FAQ

Key Financial Figures

• $0.0001 — ange on which registered Common Stock, $0.0001 par value per share GRND New York Stock
• $11.50 — of Common Stock at an exercise price of $11.50 per share GRND.WS New York Stock Exchan
• $0.10 — m the Warrants at a redemption price of $0.10 per warrant at 5:00 p.m. New York City

Filing Documents

• grnd-20250123.htm (8-K) — 40KB
• exhibit991-2025warrantrede.htm (EX-99.1) — 21KB
• exhibit992-redemptionnotice.htm (EX-99.2) — 48KB
• 0001820144-25-000005.txt ( ) — 297KB
• grnd-20250123.xsd (EX-101.SCH) — 2KB
• grnd-20250123_def.xml (EX-101.DEF) — 17KB
• grnd-20250123_lab.xml (EX-101.LAB) — 29KB
• grnd-20250123_pre.xml (EX-101.PRE) — 17KB
• grnd-20250123_htm.xml (XML) — 4KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. In conjunction with the redemption of the outstanding warrants of Grindr Inc. (the "Company"), which is discussed in more detail in Item 8.01 of this Current Report on Form 8-K, the Company is announcing that it anticipates meeting or exceeding previously issued guidance for the fiscal year ended December 31, 2024, as most recently set forth in the Company's shareholder letter as Exhibit 99.2 to the Company's Current Report on Form 8-K filed on November 7, 2024. A copy of the press release is furnished as Exhibit 99.1 hereto. The information contained herein is being furnished under "Item 2.02 Results of Operations and Financial Condition" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933 (the "Securities Act"), nor shall it be deemed incorporated by reference in any filing with the Securities and Exchange Commission made by us, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

01 Other Items

Item 8.01 Other Items. On January 23, 2025, the Company (f/k/a Tiga Acquisition Corp.) provided notice to the holders of its outstanding Warrants (as defined below) that it will redeem the Warrants at a redemption price of $0.10 per warrant at 5:00 p.m. New York City time on February 24, 2025 (the "Redemption Date"). Holders of the warrants may instead elect to exercise their warrants until 5:00 p.m., New York City time, on the Redemption Date. As of the date of the announcement, the Company's outstanding warrants consist of (i) 18,560,000 warrants issued pursuant to that certain Private Placement Warrants Purchase Agreement, dated as of November 23, 2020, by and between the Company and Tiga Sponsor LLC ("Sponsor"), (ii) 2,500,000 forward purchase warrants and 2,500,000 backstop warrants issued pursuant to that certain Amended and Restated Forward Purchase Agreement, dated May 9, 2022, by and between the Company and Sponsor, and (iii) 13,799,825 warrants issued as part of the units in the Company's initial public offering (clauses (i), (ii) and (iii), collectively, the "Warrants"). All of the Warrants are governed by that certain Warrant Agreement, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent, dated as of November 23, 2020, as amended on November 17, 2022 (as amended, the "Warrant Agreement"). The Warrants are exercisable for shares of the Company's common stock, $0.0001 par value per share. Each Warrant holder may exercise its warrants until 5:00 p.m., New York City time, on the Redemption Date. In connection with the redemption, Warrant holders may elect to (i) exercise their Warrants for cash, at an exercise price of $11.50 per share of the Company's common stock, or (ii) exercise their Warrants on a "cashless basis" in accordance with subsection 6.1.2 of the Warrant Agreement, in which case, the holder will receive a number of shares of the Company's common stock to be determined in accordance with the terms of t

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press release dated January 23, 2025 99.2 Notice of Redemption dated January 23, 2025 104 Cover Page Interactive Data File, formatted in inline XBRL (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 23, 2025 GRINDR INC. By: /s/ Vandana Mehta-Krantz Vandana Mehta-Krantz Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR