Zage group affirms 51.5% Grindr (GRND) stake and caps voting at 44.9%

Rhea-AI Filing Summary

G. Raymond Zage III and affiliated entities update their beneficial ownership disclosure for Grindr Inc. The filing reports that Tiga Investments Eighty-Eight Pte Ltd and Tiga Investments Pte. Ltd. each beneficially own 85,926,333 shares of Grindr common stock, or about 46.4% of the outstanding shares, while Big Timber Holdings, LLC owns 1,385,507 shares, or about 0.7%.

In total, Mr. Zage is deemed to beneficially own 95,425,123 shares, representing approximately 51.5% of Grindr’s outstanding common stock, based on 185,147,713 shares outstanding. Tiga 88 has pledged 85,926,333 shares as collateral under a loan, and the remaining shares held by the reporting persons are in margin or similar arrangements.

The amendment also discloses that, in connection with litigation, Mr. Zage submitted an affidavit on May 15, 2025, confirming he will refrain from voting Grindr shares above roughly 44.9% of the company’s voting power, unless he provides the court and plaintiff 30 days’ written notice.

Insights

Governance and ownership structure analyst

Filing details Zage’s majority economic stake in Grindr and a court-linked cap on his voting power.

The amendment shows that entities affiliated with G. Raymond Zage III beneficially own 95,425,123 Grindr shares, or about 51.5% of outstanding common stock. This establishes him as a majority economic holder while clarifying which entities directly hold and pledge shares.

Tiga 88 has pledged 85,926,333 shares as collateral under a loan, and other shares are held in margin or similar accounts. These financing structures mean a portion of the stake is encumbered, which can matter for stability if market or lender conditions change, though the filing does not describe any default.

The affidavit tied to litigation commits Mr. Zage to limit his voting power to about 44.9% of Grindr’s outstanding voting power unless he gives 30 days’ written notice to the court and plaintiff. This creates a formalized gap between his economic ownership and voting control, with any change in that cap likely appearing in future court or company disclosures.

Key Figures

Zage beneficial ownership: 95,425,123 shares Tiga 88 and Tiga Investments stake: 85,926,333 shares each Big Timber Holdings stake: 1,385,507 shares +3 more

6 metrics

Zage beneficial ownership 95,425,123 shares Beneficially owned Grindr common stock; 51.5% of outstanding

Tiga 88 and Tiga Investments stake 85,926,333 shares each Beneficially owned; 46.4% of outstanding common stock for each

Big Timber Holdings stake 1,385,507 shares Beneficially owned; 0.7% of outstanding common stock

Shares outstanding baseline 185,147,713 shares Grindr common stock outstanding per Form 10-K filed March 2, 2026

Pledged shares under loan 85,926,333 shares Grindr shares pledged by Tiga 88 as collateral for a loan

Voting power cap 44.9% of voting power Maximum voting percentage Zage will exercise absent 30 days’ notice

Key Terms

beneficially own, margin accounts, pledged, stock repurchase plan, +2 more

6 terms

beneficially own financial

"Tiga 88, Tiga Investments, Big Timber and Mr. Zage beneficially own an aggregate of 85,926,333..."

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

margin accounts financial

"the remainder of the shares of Common Stock currently held by the Reporting Persons are, and all future shares... will be, held in margin accounts"

A margin account is a brokerage account that lets an investor borrow money from the broker to buy more securities than they could with cash alone, using the securities in the account as security for the loan. Think of it like a mortgage for stock purchases: borrowing increases potential gains but also magnifies losses, can trigger a forced sale if the account falls below required limits, and carries interest costs—factors investors must manage carefully.

pledged financial

"Tiga 88 has pledged 85,926,333 shares of Common Stock of the Issuer pursuant to the Loan."

stock repurchase plan financial

"prior to the commencement of the Issuer's stock repurchase plan approved in March 2025"

A stock repurchase plan is a company’s program to buy back its own shares from the market, reducing the number of shares available to investors. Like a store buying back its own gift cards to raise the value of remaining cards, buybacks can increase each remaining share’s claim on profits and often signal management believes the stock is undervalued or is an efficient way to return cash, which can affect share price and investor returns.

affidavit regulatory

"on May 15, 2025, Mr. Zage submitted an affidavit to the court confirming that he will refrain from voting shares"

voting power financial

"which voting power is equivalent to approximately 44.9% of the voting power of the Issuer's outstanding Common Stock"

Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 9)

Grindr Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

39854F119

(CUSIP Number)

G. Raymond Zage, III
Ocean Financial Centre, Level 40, 10 Collyer Quay
Singapore, U0, 049315
65 6808 6288

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

05/15/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 39854F119

1

Name of reporting person

Tiga Investments Eighty-Eight Pte Ltd

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 85,926,333.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 85,926,333.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

85,926,333.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

46.4 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

The percentage used herein is calculated based on 185,147,713 shares of the Common Stock of the Issuer reported on the Issuer's Annual Report on Form 10-K filed on March 2, 2026.

SCHEDULE 13D

CUSIP Number(s): 39854F119

1

Name of reporting person

Tiga Investments Pte. Ltd.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 85,926,333.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 85,926,333.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

85,926,333.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

46.4 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

The percentage used herein is calculated based on 185,147,713 shares of the Common Stock of the Issuer reported on the Issuer's Annual Report on Form 10-K filed on March 2, 2026.

SCHEDULE 13D

CUSIP Number(s): 39854F119

1

Name of reporting person

Big Timber Holdings, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 1,385,507.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 1,385,507.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

1,385,507.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.7 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

The percentage used herein is calculated based on 185,147,713 shares of the Common Stock of the Issuer reported on the Issuer's Annual Report on Form 10-K filed on March 2, 2026.

SCHEDULE 13D

CUSIP Number(s): 39854F119

1

Name of reporting person

Zage George Raymond III

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 95,425,123.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 95,425,123.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

95,425,123.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

51.5 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The percentage used herein is calculated based on 185,147,713 shares of the Common Stock of the Issuer reported on the Issuer's Annual Report on Form 10-K filed on March 2, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock
(b)	Name of Issuer: Grindr Inc.
(c)	Address of Issuer's Principal Executive Offices: 750 N. San Vicente Boulevard, STE RE1400, West Hollywood, CALIFORNIA , 90069.
Item 1 Comment: This Amendment No. 9 (this "Amendment") to the Schedule 13D filed by the Reporting Persons on November 28, 2022, as amended from time to time ("Schedule 13D") relates to the Common Stock, par value $0.0001 per share (the "Common Stock") of Grindr Inc., a Delaware corporation (the "Issuer" or "Grindr"). Unless otherwise indicated, each capitalized term used but not defined in this Amendment shall have the meaning assigned to such term in the Schedule 13D. This Amendment is being filed to disclose a voting arrangement entered into on or about May 15, 2025 by Mr. Zage and to update Mr. Zage's shareholding as of the date of this Amendment.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5(a) of this Schedule 13D is hereby amended and restated as follows: The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover page of this Schedule 13D and the information set forth or incorporated in Items 2, 3 and 6 of this Schedule 13D is hereby incorporated by reference in its entirety into this Item 5. Tiga 88, Tiga Investments, Big Timber and Mr. Zage beneficially own an aggregate of 85,926,333, 85,926,333, 1,385,507, and 95,425,123 shares of the Issuer's Common Stock, respectively, which represents approximately 46.4%, 46.4%, 0.7% and 51.5% of the Issuer's issued and outstanding Common Stock, respectively, consisting of 185,147,713 shares of the Common Stock of the Issuer reported on the Issuer's Annual Report on Form 10-K filed on March 2, 2026. Information required by Instruction C of Schedule 13D with respect to the directors, executive officers, or persons holding equivalent positions of the Reporting Persons, is set forth on Annex A attached hereto.
(b)	Reporting Person Mr. Zage, as sole equityholder in Tiga Investments, which is the sole equityholder in Tiga 88, and the Manager and sole member of Big Timber, has sole power to vote or direct the vote of 95,425,123 shares and sole power to dispose or direct the disposition of 95,425,123 shares of the Issuer's Common Stock, subject to the information incorporated by reference into this Item 5.
(c)	Item 5(c) of this Schedule 13D is hereby amended and restated as follows: Reporting Person Mr. Zage, as sole equityholder in Tiga Investments, which is the sole equityholder in Tiga 88, and the Manager and sole member of Big Timber, has sole power to vote or direct the vote of 95,425,123 shares and sole power to dispose or direct the disposition of 95,425,123 shares of the Issuer's Common Stock, subject to the information incorporated by reference into this Item 5.
Item 6.	Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer
	The second and third paragraphs of Item 6 of this Schedule 13D under "Financing Arrangement" are hereby amended and restated by deleting the text thereof in their entirety and replacing them with the following: Tiga 88 has pledged 85,926,333 shares of Common Stock of the Issuer pursuant to the Loan. Under the Loan, Tiga 88 retains voting and dispositive power with respect to the pledged shares except to the extent an event of default has occurred and is continuing. In addition to the shares pledged in connection with the Loan, the remainder of the shares of Common Stock currently held by the Reporting Persons are, and all future shares of Common Stock acquired by them will be, held in margin accounts or pursuant to other similar arrangements and are included as collateral among a diversified pool of assets in connection with market-standard margin loan arrangements that may be drawn upon by the Reporting Persons from time to time. Item 6 of this Schedule 13D is hereby amended and supplemented by adding the following text: Affidavit In connection with certain litigation styled Fellows v. G. Raymond Zage, III, et al., C.A. No. 2025-0477-PAF (Del. Ch.), on May 15, 2025, Mr. Zage submitted an affidavit to the court confirming that he will refrain from voting shares of Common Stock in excess of the voting percentage he held prior to the commencement of the Issuer's stock repurchase plan approved in March 2025, which voting power is equivalent to approximately 44.9% of the voting power of the Issuer's outstanding Common Stock, without providing the court and plaintiff to such litigation with 30 days' written notice. A copy of the affidavit is filed herewith as Exhibit 1.
Item 7.	Material to be Filed as Exhibits.
	The following exhibit is incorporated by reference into this Schedule 13D. Exhibit 1 Affidavit dated May 15, 2025

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Tiga Investments Eighty-Eight Pte Ltd

Signature:	/s/ G. Raymond Zage, III
Name/Title:	Director
Date:	04/30/2026

Tiga Investments Pte. Ltd.

Signature:	/s/ G. Raymond Zage, III
Name/Title:	Director
Date:	04/30/2026

Big Timber Holdings, LLC

Signature:	/s/ G. Raymond Zage, III
Name/Title:	Member
Date:	04/30/2026

Zage George Raymond III

Signature:	/s/ G. Raymond Zage, III
Name/Title:	Zage George Raymond III
Date:	04/30/2026

FAQ

How many Grindr (GRND) shares does G. Raymond Zage III beneficially own?

According to the filing, G. Raymond Zage III is deemed to beneficially own 95,425,123 shares of Grindr common stock. Based on 185,147,713 shares outstanding, this represents about 51.5% of the company’s issued and outstanding common stock.

What is Tiga Investments’ ownership stake in Grindr (GRND)?

Tiga Investments Eighty-Eight Pte Ltd and Tiga Investments Pte. Ltd. each beneficially own 85,926,333 Grindr shares. This corresponds to approximately 46.4% of Grindr’s outstanding common stock for each entity, based on 185,147,713 total shares outstanding referenced in the filing.

How many Grindr (GRND) shares are pledged as collateral under Tiga 88’s loan?

The filing states that Tiga 88 has pledged 85,926,333 Grindr common shares as collateral under a loan. Tiga 88 retains voting and dispositive power over these pledged shares unless an event of default under the loan has occurred and is continuing, according to the disclosure.

What voting limitation does G. Raymond Zage III agree to regarding Grindr (GRND)?

In an affidavit dated May 15, 2025, G. Raymond Zage III confirms he will refrain from voting Grindr shares above about 44.9% of the company’s voting power. He may exceed this level only after giving the court and plaintiff in the referenced litigation 30 days’ written notice.

What percentage of Grindr (GRND) does Big Timber Holdings, LLC own?

Big Timber Holdings, LLC beneficially owns 1,385,507 Grindr common shares. This stake represents approximately 0.7% of Grindr’s issued and outstanding common stock, based on the 185,147,713 outstanding shares figure cited from Grindr’s Form 10-K.

What total share count is used to calculate ownership percentages in this Grindr (GRND) filing?

Ownership percentages are calculated using 185,147,713 shares of Grindr common stock. This share count comes from Grindr’s Annual Report on Form 10-K, which the filing notes was filed on March 2, 2026, and serves as the denominator for all reported ownership percentages.