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The SEC has declared effective the Registration Statement on Form S-4 for the business combination between Grindr and Tiga Acquisition Corp (NYSE: TINV). This marks a crucial step towards Grindr's public listing. The virtual extraordinary general meeting is scheduled for November 15, 2022, where stockholders will vote on the merger. Following the approval, TAC will be renamed Grindr Inc., with common stock listed on NYSE under the ticker 'GRND'. Grindr is recognized as the largest social network for the LGBTQ community, aiming to connect users globally.
The Board of Grindr has appointed George Arison as CEO and Vanna Krantz as CFO in preparation for the company's public listing. Arison, previously CEO of Shift Technologies, aims to enhance Grindr's growth within the LGBTQ community. Krantz, formerly CFO of Disney Streaming Services, is expected to support this transition effectively. This leadership change follows a strategic plan set during the SPAC transaction announcement in May 2022, aiming to strengthen Grindr's market position and profitability.
