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Grindr Dating App to Become a Public Company – CNET [CNET]
Grindr, a dating app specializing in connecting people in the LGBTQ+ community, announced Monday that it will become a public company amid an agreement to merge with Tiga Acquisition Corp (TAC), a special purpose acquisition company.
“Bringing Grindr to the public markets with TAC furthers our mission to connect the LGBTQ+ community,” said James F. Lu, Chair of Grindr’s Board of Directors. “This transaction is a milestone event, not only for our iconic company, our people, partners, and investors, but also for the community we serve around the world.”
The deal values the combined company at $2.1 billion.
More to come.
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