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GRND SECURITIES ALERT: Grindr Inc. $18 Take Private Deal Triggers Investigation – Shareholders Notified to Contact BFA Law
Globenewswire· 2025-11-07 13:36
NEW YORK, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Grindr Inc.’s (NYSE: GRND) board of directors and majority stockholders James Fu Bin Lu and George Raymond Zage, III, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Grindr that would cash out the entire minority stockholder interest. If you are a current shareholder of Grindr, you are encouraged to obtain addi ...
Grindr Inc. (GRND) Beats Q3 Earnings and Revenue Estimates
ZACKS· 2025-11-07 00:26
Grindr Inc. (GRND) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this company would post earnings of $0.1 per share when it actually produced earnings of $0.08, delivering a surprise of -20%.Over the last four quarters, the company has su ...
Grindr (GRND) - 2025 Q3 - Earnings Call Transcript
2025-11-06 23:00
Grindr (NYSE:GRND) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker1Ladies and gentlemen, thank you for standing by and welcome to Grindr's third-quarter 2025 earnings call. My name is Janine, and I will be your lead operator for today. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypa ...
Grindr (GRND) - 2025 Q3 - Quarterly Report
2025-11-06 21:35
FORM 10-Q ________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission file number 001-39714 ________________________ Grindr Inc. (Exact name of registrant as specified in its charter) ________________________ (State or other jurisdiction of incorporation or organization) PO Box 69176, 750 N. San Vicente Blvd., Suite RE 1400 West Hollywood, California 90069 (Add ...
Grindr (GRND) - 2025 Q3 - Quarterly Results
2025-11-06 21:24
Exhibit 99.1 Grindr Inc. Reports Third Quarter 2025 Revenue Growth of 30% Third Quarter 2025 Revenue of $116 Million Net Income of $31 Million, Net Income Margin of 27% Adjusted EBITDA of $55 Million and Adjusted EBITDA Margin of 47% Increasing expectation for full-year 2025 Adjusted EBITDA to be between $191 Million - $193 Million, with an Adjusted EBITDA margin above 43%, and reaf irming Revenue Growth outlook of 26% or greater LOS ANGELES, CA – November 6, 2025 – Grindr Inc. (NYSE: GRND) ("Grindr" or the ...
Grindr Announces Updates to Board of Directors
Businesswire· 2025-11-06 01:57
Nov 5, 2025 8:57 PM Eastern Standard Time Grindr Announces Updates to Board of Directors The full text of Mr. Lu's letter to the Board follows: Dear Members of the Board, I am writing to voluntarily resign from the board of directors of Grindr with immediate effect so that I may more fully focus on my business pursuits, including the non-binding proposal that I submitted together with co- bidders on October 24th to acquire the Company (the "Proposal†) at a significant premium for shareholders. It has been ...
GRINDR INVESTIGATION: Grindr Inc. (NYSE:GRND) Shareholders are Notified of the Pending Investigation into the Take Private Deal – Contact BFA Law
Globenewswire· 2025-11-05 13:07
NEW YORK, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Grindr Inc.’s (NYSE: GRND) board of directors and majority stockholders James Fu Bin Lu and George Raymond Zage, III, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Grindr that would cash out the entire minority stockholder interest. If you are a current shareholder of Grindr, you are encouraged to obtain addi ...
GRND INVESTOR REMINDER: Grindr Inc. Shareholders may have Rights in the Upcoming Take Private Deal -- Contact BFA Law
Globenewswire· 2025-11-03 13:36
NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Grindr Inc.’s (NYSE: GRND) board of directors and majority stockholders James Fu Bin Lu and George Raymond Zage, III, for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Grindr that would cash out the entire minority stockholder interest. If you are a current shareholder of Grindr, you are encouraged to obtain addi ...
Grindr Inc. Investigated for Breaches of Fiduciary Duty - Contact the DJS Law Group to Discuss Your Rights - GRND
Prnewswire· 2025-10-31 09:31
Group 1 - The DJS Law Group is investigating claims on behalf of investors of Grindr Inc. for potential breaches of fiduciary duty by its directors and management [1] - The investigation is focused on whether the Grindr board has breached its fiduciary duties to investors [1] - Shareholders who have suffered losses are encouraged to contact the DJS Law Group to participate in the investigation [1] Group 2 - DJS Law Group specializes in enhancing investor returns through balanced counseling and aggressive advocacy, focusing on securities class actions and corporate governance litigation [2] - The firm represents some of the largest hedge funds and alternative asset managers globally, emphasizing the value of litigation claims as significant assets [2]
Berman Tabacco Investigates Whether the Grindr Inc. (GRND) Buyout Offer is Too Low
Globenewswire· 2025-10-28 22:19
Core Viewpoint - Berman Tabacco is investigating the proposal by controlling stockholders of Grindr Inc. to take the company private by cashing out public stockholders at $18.00 per share [1][2][3] Investigation Details - On October 14, 2025, Grindr received a letter from controlling stockholders George Raymond Zage, III and James Fu Bin Lu expressing interest in a going-private transaction [2] - On October 24, 2025, Zage and Lu made an offer to purchase all Grindr shares from minority stockholders for $18.00 per share [2] - Concerns have been raised regarding the independence of the special committee appointed by Grindr to review the transaction, especially since it previously authorized stock buybacks that increased Zage's ownership past 50% [2] - There is no indication that the transaction will require the affirmative vote of a majority of minority stockholders [2] Legal Investigation - Berman Tabacco is examining whether Grindr's controlling stockholders and board of directors have breached their fiduciary duties to stockholders in relation to the proposed transaction [3]