Core Point - A privacy advocacy group, noyb, has filed complaints against TikTok, Grindr, and AppsFlyer for allegedly breaching regional privacy laws, which could lead to the exposure of sensitive data [1] Group 1 - The complaints were submitted to Austria's data protection authority [1] - The allegations suggest that the companies risk exposing sensitive user data [1]

Core Viewpoint - Grindr Inc. has amended, extended, and upsized its syndicated revolving credit and term loan facility from $350 million to $600 million [1] Group 1: Financial Details - The Term Loan A was increased by $100 million to a total of $400 million [1] - The revolving credit facility was increased by $150 million to a total of $200 million [1] - The maturities of the loans have been extended from November 2028 to January 2031 [1] Group 2: Use of Proceeds - Proceeds from the amended facility will be used to refinance existing obligations [1]

About Johnson Fistel, PLLP | Securities Fraud & Investor Rights Johnson Fistel, PLLP is a nationally recognized shareholder-rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits and also assists foreign investors who purchased shares on U.S. exchanges. Stay informed about stock-drop news and learn how Johnson Fistel can help you recover losses by visiting ww ...

Voya Investment Management, an investment management company, released its third-quarter 2025 investor letter for its “Voya MI Dynamic Small Cap Fund.” A copy of the letter can be downloaded here. It is an actively managed US Small Cap core equity strategy. Equity markets showed a strong recovery during the quarter, bouncing back from the volatility caused by tariffs in April and finishing significantly higher than mid-year levels. Growth outperformed value in the quarter, with strong results from technolog ...

Shares of Grindr Inc. (GRND) have gained 2.4% over the past four weeks to close the last trading session at $13.51, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $21.75 indicates a potential upside of 61%.The average comprises four short-term price targets ranging from a low of $20.00 to a high of $26.00, with a standard deviation of $2.87. While the lowest estimate indicates ...

Grindr Inc. (NYSE:GRND) is one of the best falling stocks to buy, according to Wall Street analysts. On November 25, John Blackledge reiterated a Buy rating on Grindr, citing confidence in its valuation after the special committee rejected a $18-per-share take-private offer. He highlighted strong investor backing, with major shareholders considering new financing and Raymond Zage willing to add equity. Despite James Lu’s recent share sale, the rejection of the low bid and continued stakeholder support sign ...

SAN DIEGO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP announces an investigation into potential breaches of fiduciary duty by the Board of Directors of Grindr Inc. (NYSE: GRND). The investigation concerns the Board’s decision to terminate negotiations with Grindr’s controlling stockholder and whether that decision—and related recent corporate actions—were consistent with the duties owed to all stockholders, particularly minority holders. We are reviewing whether the Board’s choices may have impa ...

Core Viewpoint - Grindr's majority shareholders have withdrawn their proposed buyout offer, valuing the company at $3.5 billion, due to uncertainties regarding financing and a preference for the company to remain publicly listed [2][3]. Company Performance - Grindr's shares rose by 1.5% in morning trading following the announcement of the buyout withdrawal [3]. - The company reported a 25% increase in net profit, reaching $31 million in the third quarter of this year [5]. - Grindr has over 14 million monthly active users, making it the most popular LGBTQ mobile app globally [5]. Shareholder Actions - Majority shareholders George Raymond Zage III and James Lu, who own approximately 64% of Grindr, have decided to terminate discussions regarding the buyout [3]. - Zage intends to continue purchasing Grindr shares in the open market, having already acquired over $200 million worth of shares as the stock hit a one-year low [4]. - Zage is advocating for increased shareholder returns through share buybacks and potential dividends [4]. Market Outlook - Wall Street analysts have recently upgraded their price targets for Grindr's shares to levels between $21 and $26, significantly above the $18 per share offered in the buyout proposal [2].

Grindr's majority shareholders Ray Zage and James Lu have withdrawn their $3.46 billion offer to take the dating app private, the bidders said on Wednesday. ...

Core Viewpoint - The Proposing Shareholders, who own over 60% of Grindr Inc.'s outstanding shares, have withdrawn their non-binding proposal to take the company private at $18.00 per share due to the Special Committee's decision to cease engagement, primarily citing financing uncertainties [1][2][3]. Group 1: Proposal and Withdrawal - The Special Committee's decision to stop engagement with the Proposing Shareholders was based on uncertainties regarding the financing of the proposed acquisition [2]. - The Proposing Shareholders had received significant expressions of interest for acquisition financing, including letters of confidence and offers of senior debt, hybrid securities, and equity [2]. - Following the termination of engagement, the Proposing Shareholders have decided to withdraw their proposal and will instead focus on purchasing additional shares in the market [3]. Group 2: Future Plans and Recommendations - The Proposing Shareholders intend to recommend that Grindr's management and board increase the size of share repurchase plans and consider dividends to enhance shareholder returns [3]. - There is a commitment to engage with management on the growth of Grindr's initiatives, including telemedicine and potential future opportunities in various sectors such as travel, media, AI, and cryptocurrency [4]. Group 3: Financial Performance and Market Position - Grindr recently reported strong third-quarter financial results, which has led to confidence in the company's ability to create significant shareholder value [6]. - Investment banks have set price targets for Grindr that are significantly higher than the proposed acquisition price of $18.00 per share [6]. - The company has completed substantial share repurchases in 2025 at prices exceeding the proposed acquisition price, indicating a strong market position [6]. - Grindr's management prefers the company to remain public, and it currently has one of the lowest net debt to EBITDA ratios in its history, along with significant free cash flow growth [6].