{"schema_version":"secwatch.filing_event.v1","accession":"0001820144-26-000033","form_type":"8-K","ticker":"GRND","cik":"0001820144","company_name":"Grindr Inc.","filed_at":"2026-09-30T21:02:31+00:00","discovered_at":"2026-09-30T21:04:00.284074+00:00","generated_at":"2026-10-12T14:09:21.122477+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Grindr to acquire PurposeMed's Freddie for $250M; up to $70M earnout tied to 2027 targets","bullets":["$250M deal: $190M cash plus $60M stock (3,851,684 GRND shares at $15.58 VWAP, 12-month lock-up); up to $70M cash earnout on FY2027 targets.","PurposeMed runs Freddie, a telehealth PrEP provider with >55,000 patients served since 2020, now in all 50 states; 2026 revenue expected >$80M and >$10M Adjusted EBITDA.","Grindr expects acquisition immaterial to 2026 results; 2027 outlook to come on Q3 earnings call in November; deal expected to close Q4 2026.","Grindr cites ~400,000 US users already on PrEP and 2M+ more it estimates should be; PrEP reduces HIV risk ~99% and is little/no cost to eligible US patients.","Freddie leadership to join Grindr Health; shareholder letter projects 40%+ healthcare margin at maturity, mid-teens expected Adjusted EBITDA margin."],"urls":{"canonical":"https://secwatch.observer/filing/0001820144-26-000033","json":"https://secwatch.observer/filing/0001820144-26-000033.json","markdown":"https://secwatch.observer/filing/0001820144-26-000033.md","text":"https://secwatch.observer/filing/0001820144-26-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1820144/000182014426000033/0001820144-26-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1820144/000182014426000033/grnd-20260930.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:09:21.122477+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}