Press Release: Grindr Confirms Receipt of Letter from Large Shareholders

Dow Jones

10/15

WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--October 14, 2025--

Grindr Inc. $(GRND)$ ("Grindr" or "the Company"), the Global Gayborhood in Your Pocket$(TM)$, today confirmed that its Board of Directors received a letter from large shareholders Ray Zage (Board member) and James Lu (Board Chair) stating an interest in exploring the possibility of acquiring Grindr in a going-private transaction through the acquisition of all of Grindr's outstanding common stock.

While there is no proposal to evaluate at this time, the Board of Directors has established a Special Committee comprised of disinterested and independent directors in the event that a definitive, bona fide proposal, including committed financing, is presented to the Company for evaluation. The Board and the Special Committee are committed to acting in the best interest of all stockholders.

The Company remains focused on continuing to deliver strong execution on its three-year plan and to serve Grindr's distinctive user base, for whom the Grindr app is of vital importance in their day-to-day lives.

View source version on businesswire.com: https://www.businesswire.com/news/home/20251014738911/en/

 
    CONTACT:    Hayley Richard

press@grindr.com

(END) Dow Jones Newswires

October 14, 2025 17:00 ET (21:00 GMT)

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The Board and the Special Committee are committed to acting in the best interest of all stockholders. \n</p>\n<p>\n     The Company remains focused on continuing to deliver strong execution on its three-year plan and to serve Grindr's distinctive user base, for whom the Grindr app is of vital importance in their day-to-day lives. \n</p>\n<p>\n     View source version on businesswire.com: https://www.businesswire.com/news/home/20251014738911/en/ \n</p>\n<pre style=\"white-space: pre\">\n \n    CONTACT:    Hayley Richard \n</pre>\n<p>\n     press@grindr.com \n</p>\n<pre style=\"white-space: pre\">\n \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 14, 2025 17:00 ET (21:00 GMT)\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4604","symbol_name":"機器人概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2575408092","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575408092","pubTimestamp":1760475600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Grindr Inc.  , the Global Gayborhood in Your Pocket, today confirmed that its Board of Directors received a letter from large shareholders Ray Zage  and James Lu  stating an interest in exploring the possibility of acquiring Grindr in a going-private transaction through the acquisition of all of Grindr's outstanding common stock.While there is no proposal to evaluate at this time, the Board of Directors has established a Special Committee comprised of disinterested and independent directors in the event that a definitive, bona fide proposal, including committed financing, is presented to the Company for evaluation. 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