Form 4: Grindr Inc. Director Zage Acquires 25,000 Shares and Warrants

George Raymond Zage III, a director and 10% owner of Grindr Inc., acquired 25,000 shares of common stock and warrants at $11.50 each on February 4, 2025.

Summary

• On February 4, 2025, George Raymond Zage III, a director and 10% owner of Grindr Inc. (GRND), acquired 25,000 shares of common stock at a price of $11.50 per share.
• The same day, Zage also acquired warrants to purchase 25,000 shares of Grindr Inc. common stock at an exercise price of $11.50.
• These warrants are exercisable from February 4, 2025, and expire on November 18, 2027.
• Following these transactions, Zage directly owns 5,725,271 shares of Grindr Inc. common stock.
• Zage also indirectly owns shares through Tiga SVH Investments Ltd., Tiga Investments Pte. Ltd., and Big Timber Holdings, LLC.
• The total number of warrants beneficially owned indirectly by Zage through Tiga SVH Investments Ltd. is 678,442.
• Zage directly owns 13,920,000 warrants exercisable into shares of the Issuer's common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of insider trading activity. The director's purchase could be interpreted as slightly positive, but it's not a strong signal.

Positives

• A director's purchase of shares and warrants can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. The information is relevant to investors as it provides insight into the actions of company insiders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates