--- schema_version: "secwatch.filing_event.v1" accession: "0001140361-22-042994" form_type: "8-K" ticker: "GRND" cik: "0001820144" company_name: "Grindr Inc." filed_at: "2022-11-23T23:59:59+00:00" generated_at: "2026-06-21T13:31:03.686957+00:00" event_type: "m_and_a" sentiment: "neutral" materiality_score: 0.9 calibrated_materiality_score: 0.9 confidence: "high" source: SEC EDGAR --- # Grindr completes SPAC merger with Tiga; receives ~$105M in gross proceeds, begins trading ## Summary - Business Combination closed Nov 18, 2022; Tiga renamed Grindr Inc., begins trading on NYSE (GRND, GRND WS). - Received ~$105.1M gross cash proceeds ($5.1M trust, $50M forward purchase, $50M backstop) after 27.1M shares redeemed at $10.50. - Post-closing shares outstanding: 173.5M; Tiga shareholders hold ~49.5%; Grindr management/directors own ~81.4%. - Amended credit agreement with Fortress allows up to $170.8M term loans; Catapult GP II repaid ~$12M of Catapult Note. ## SEC filing metadata - accession: 0001140361-22-042994 - form_type: 8-K - ticker: GRND - cik: 0001820144 - company_name: Grindr Inc. - filed_at: 2022-11-23T23:59:59+00:00 - event_type: m_and_a - sentiment: neutral - materiality_score: 0.9 - calibrated_materiality_score: 0.9 - confidence: high - sec_items: 1.01, 2.01, 9.01, 5.02, 3.02, 4.01, 3.03, 5.01, 5.06, 7.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/ny20005860x1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001140361-22-042994 - JSON: https://secwatch.observer/filing/0001140361-22-042994.json - Plain text: https://secwatch.observer/filing/0001140361-22-042994.txt ## Key facts - Executive change Nathan Richardson was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change James Fu Bin Lu was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change Vandana Mehta-Krantz was appointed as other_named_officer at Grindr Inc.. - Action: appointed source text: Concurrently with the consummation of the Business Combination, the following individuals became the executive officers of the Company: George Arison, Vandana Mehta-Krantz, and Austin “AJ” Balance. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change J. Michael Gearon, Jr. was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change George Arison was appointed as other_named_officer at Grindr Inc.. - Action: appointed source text: Concurrently with the consummation of the Business Combination, the following individuals became the executive officers of the Company: George Arison, Vandana Mehta-Krantz, and Austin “AJ” Balance. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change Austin "AJ" Balance was appointed as other_named_officer at Grindr Inc.. - Action: appointed source text: Concurrently with the consummation of the Business Combination, the following individuals became the executive officers of the Company: George Arison, Vandana Mehta-Krantz, and Austin “AJ” Balance. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change Meghan Stabler was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change Maggie Lower was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change G. Raymond Zage, III was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change Gary I. Horowitz was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change George Arison was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Executive change Daniel Brooks Baer was appointed as Director at Grindr Inc.. - Action: appointed - Role: Director source text: On the date of the Closing, and in accordance with the terms of the Merger Agreement, the Board became comprised of nine directors: James Fu Bin Lu, G. Raymond Zage, III, J. Michael Gearon, Jr., Nathan Richardson, Daniel Brooks Baer, George Arison, Gary I. Horowitz, Meghan Stabler, and Maggie Lower. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Governance Changes Grindr Inc.: Company ceased to be a shell company upon closing of business combination (effective 2022-11-18). - Change: shell status - Effective: 2022-11-18 source text: Item 5.06 Change in Shell Company Status. Upon the Closing, the Company ceased to be a shell company. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - M&A Transactions Grindr Inc. completed an acquisition involving Legacy Grindr (closed 2022-11-18). - Action: acquisition - Counterparty: Legacy Grindr - Closing: 2022-11-18 source text: Upon Closing, the Company received approximately $105.1 million in gross cash proceeds evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Material Agreements Grindr Inc. entered into Amended and Restated Registration Rights Agreement with Tiga Sponsor LLC (the "Sponsor"), certain stockholders of Tiga and certain direct and indirect holders of Legacy Grindr Series X Ordinary Units (effective 2022-11-18). - Action: entry - Agreement: merger - Counterparty: Tiga Sponsor LLC (the "Sponsor"), certain stockholders of Tiga and certain direct and indirect holders of Legacy Grindr Series X Ordinary Units - Effective: 2022-11-18 source text: On November 18, 2022, in connection with the consummation of the Business Combination and as contemplated by the Merger Agreement, the Company entered into the Amended and Restated Registration Rights Agreement (the “Registration Rights Agreement”) with Tiga Sponsor LLC (the “Sponsor”), certain stockholders of Tiga and certain direct and indirect holders of Legacy Grindr Series X Ordinary Units. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Material Agreements Grindr Inc. amended First Amendment to the Warrant Agreement with Continental Stock Transfer & Trust Company, as warrant agent (effective 2022-11-17). - Action: amendment - Counterparty: Continental Stock Transfer & Trust Company, as warrant agent - Effective: 2022-11-17 source text: On November 17, 2022, Tiga and the Warrant Agent entered into the First Amendment to the Warrant Agreement (“Amendment No. 1 to the Warrant Agreement”), which, among other things, provided for the mechanics of issuance of certain forward purchase and backstop warrants. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm - Material Agreements Grindr Inc. entered into Joinder and Assignment Agreement to the Forward Purchase Agreement with Tiga, the Sponsor and San Vicente Parent LLC ("SV Parent") (effective 2022-11-10). - Action: entry - Agreement: equity purchase - Counterparty: Tiga, the Sponsor and San Vicente Parent LLC ("SV Parent") - Effective: 2022-11-10 source text: On November 10, 2022, Tiga, the Sponsor and San Vicente Parent LLC (“SV Parent”) entered into the Joinder and Assignment Agreement to the Forward Purchase Agreement (the “Joinder and Assignment Agreement”), which among other things, provided for the transfer and assignment of the Sponsor’s rights and obligations under the Forward Purchase Agreement to SV Parent. evidence_url: https://www.sec.gov/Archives/edgar/data/1820144/000114036122042994/0001140361-22-042994-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.