Grindr sets warrant redemption fair market value at $17.96; cashless exercise yields 0.361 shares

Grindr Inc.

Redemption Fair Market Value set at $17.96, based on VWAP for 10 trading days after Jan 23, 2025 notice.
Cashless exercise allows holders to receive 0.361 shares of common stock per warrant.
Warrants must be exercised by 5:00 p.m. ET on February 24, 2025, or redeemed at $0.10 per warrant.
Warrants will cease trading on NYSE effective close of trading on February 21, 2025.

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