GRND SECURITIES ALERT: Grindr Inc. Faces Investigation into the $18.00 Take Private Deal – Contact BFA Law if You Hold Shares

Core Viewpoint - Bleichmar Fonti & Auld LLP is investigating Grindr Inc.'s board of directors and majority stockholders for potential breaches of fiduciary duties related to a proposed take-private transaction that may disadvantage minority shareholders [1][5]. Investigation Details - The investigation focuses on majority stockholders James Fu Bin Lu and George Raymond Zage, III, who are proposing a transaction to take Grindr private, potentially cashing out minority shareholders while retaining their ownership [3][5]. - On October 24, 2025, Lu and Zage offered to purchase minority shareholders' shares for $18.00 each [3]. Transaction Structure - The proposed transaction is characterized as a controller take-private deal, with no indication that it will require a majority-of-the-minority stockholder vote for final approval [4]. - A special committee has been appointed by Grindr's board in connection with the transaction, but its effectiveness in checking the controlling stockholders' influence remains uncertain [4].