secwatch.observer — SEC 8-K summary
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Issuer:     Grindr Inc. (GRND)
CIK:        0001820144
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001140361-22-018330
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tiga Acquisition Corp. to acquire Grindr for $1.584B in all-stock deal
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- Grindr valued at $1.584B; merger consideration at $10.00 per share of New Grindr Common Stock.
- SPAC to redomesticate from Cayman to Delaware and rename to Grindr Inc.; ticker expected to change.
- Sponsor provides $50M forward purchase backstop; minimum $100M cash required at closing.
- Deal requires shareholder, HSR, CFIUS approvals; expected to close by Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820144/000114036122018330/0001140361-22-018330-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820144/000114036122018330/ny20004128x2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-018330

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer