George Raymond Zage Ill and James Fu Bin Lu Respond to Grindr Special Committee decision to Cease Engagement on Proposed Take-Private Transaction
Grindr Inc. (GRND)
Company Research
Source: PR Newswire
LOS ANGELES, Nov. 26, 2025 /PRNewswire/ -- George Raymond Zage Ill and James Fu Bin Lu (together, the "Proposing Shareholders" or "we"), who along with affiliated entities beneficially own in aggregate more than 60% of the outstanding shares of common stock of Grindr Inc. (the "Company'' or "Grindr") (NYSE: GRND), today responded to the Grindr Special Committee of its Board of Directors' (the "Special Committee") decision to cease engagement with the Proposing Shareholder's non-binding take-private proposal (the "Proposal") to acquire Grindr for $18.00 per share.The Special Committee indicated that this determination was made due to uncertainty around the financing for the Proposal. Over the past several weeks, there was regular engagement and negotiation around the signing of a confidentiality agreement to allow our team of financial advisors to conduct confirmatory due diligence in order to finalize a committed debt facility for the going private transaction. The Proposing Sharehold
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GRND
News
- Johnson Fistel Investigates the Grindr Board for Potential Breaches of Fiduciary Duties Relating to the Grindr Buyout TerminationPR Newswire
- Grindr UNWRAPPED 2025: The Biggest, Boldest & Gayest Year in ReviewBusiness Wire
- Johnson Fistel Investigates the Grindr Board for Potential Breaches of Fiduciary Duties in the Grindr Buyout TerminationGlobeNewswire
- Grindr Special Committee Ceases Engagement with Respect to Unsolicited Take-Private Proposal from Large ShareholdersBusiness Wire
- GRND SHAREHOLDERS: An Investigation into the Grindr Inc. $18 Take Private Sale has been Initiated on behalf of Shareholders -- Contact BFA LawGlobeNewswire
GRND
Earnings
- 11/6/25 - Beat
GRND
Sec Filings
- 12/4/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- GRND's page on the SEC website