Welcome to our dedicated page for Grindr news (Ticker: GRND), a resource for investors and traders seeking the latest updates and insights on Grindr stock.
Grindr Inc (GRND) operates the world's largest social networking app for LGBTQ communities, combining discreet connection features with cutting-edge mobile technology. This page serves as the definitive source for verified company announcements, providing investors and industry observers with timely updates on operational developments.
Access curated press releases spanning financial results, product enhancements, privacy initiatives, and strategic partnerships. Our repository includes SEC filings, leadership updates, and technology milestones – all essential for understanding Grindr's position in social networking and mobile software markets.
Key updates cover platform innovations leveraging agile development practices, cloud infrastructure expansions, and user growth metrics. Bookmark this resource to monitor how Grindr's engineering expertise in non-blocking I/O systems and secure architecture supports its unique market position.
For comprehensive tracking of GRND's business trajectory, revisit regularly for new announcements regarding international expansion, community initiatives, and technical advancements that drive this specialized social platform forward.
Grindr (NYSE: GRND) amended, extended and upsized its syndicated credit facilities to a combined $600 million, increasing Term Loan A to $400 million and the revolving credit facility to $200 million. Maturities were extended from November 2028 to January 2031. Proceeds will refinance existing debt and support general corporate purposes. At closing, Grindr will add approximately $112 million of cash, the revolver will remain undrawn, and the transaction yields about $312 million of total additional liquidity. The company executed the deal with its existing bank group and two new lenders, citing enhanced liquidity and extended duration to support long-term growth investments.
Grindr (NASDAQ:GRND) released GRINDR UNWRAPPED 2025 on December 4, 2025, its fifth annual look at app-driven queer culture. The report draws on >15 million monthly users and >32,000 votes to rank 2025 pop-culture moments, in-app behavior, and regional tastes.
Key highlights: Lady Gaga named Mother of the Year and drove ~7% app-usage spikes on tour nights; users sent 12.8+ billion taps globally; Finland tops nude-sending, South Korea leads open relationships, and Paris is the top Gaycation city. New categories include Mother-in-Training, Press Tour of the Year, and Wig of the Year.
George Raymond Zage III and James Fu Bin Lu (NYSE: GRND), who together beneficially own more than 60% of Grindr, withdrew their non-binding take-private proposal to acquire Grindr for $18.00 per share after the company's Special Committee ceased engagement citing financing uncertainty.
The shareholders said they secured multiple financing expressions of interest, noted Grindr's strong Q3 performance, low net debt-to-EBITDA, and substantial 2025 share repurchases at prices above $18.00 per share. Mr. Zage intends to continue buying shares in-market (subject to trading rules) and will urge materially larger repurchase plans and potential future dividends while engaging with management on product and vertical initiatives.
Grindr (NYSE: GRND) announced that its Board’s Special Committee has ceased engagement on a non-binding, unsolicited take-private proposal from large shareholders Ray Zage and James Lu to acquire the company for $18.00 per share in cash.
The Proposing Shareholders and affiliates beneficially own more than 60% of outstanding common stock. The Proposal was submitted on October 24, 2025, and the Special Committee — using independent financial and legal advisors — stopped talks because of continued uncertainty about the definitive financing for the transaction. The committee said it is confident in management’s ability to create shareholder value and remains focused on maximizing value for all shareholders.
Grindr (NASDAQ:GRND) partnered with Rainbow Wool and designer Michael Schmidt to launch "I Wool Survive", billed as the world’s first fashion collection made from rainbow wool yarn sourced from a farm that rescues same-sex‑preferring rams.
The 36-look collection reinterprets gay archetypes and debuted on November 13, 2025 in New York City at The Altman Building, followed by an after‑party at The Eagle NYC. Select pieces will be auctioned to support LGBTQ+ initiatives, and Grindr says it will continue supporting Rainbow Wool through 2026.
Grindr (NYSE: GRND) reported Q3 2025 revenue of $115.8M (approximately +30% YoY), net income $30.8M (net margin ~27%), and Adjusted EBITDA $54.8M (margin 47.4%).
The company raised its full-year 2025 Adjusted EBITDA expectation to $191M–$193M with an expected margin above 43%, and reaffirmed revenue growth guidance of 26% or greater. Grindr reported 15M average monthly active users and strong engagement and monetization metrics. Management will host an earnings webcast on November 6, 2025 at 2:00 PM PT. The release also noted non-GAAP reconciliation details, potential regulatory exposure including a possible Norwegian Data Protection Authority matter, and a non-binding go-private proposal from large shareholders at $18.00 per share.
Grindr (NYSE: GRND) on November 6, 2025 announced that James Lu has resigned from the board to focus on personal business priorities and a co-bid to take the company private. The board appointed J. Michael Gearon, Jr. as Lead Independent Director; Gearon joined the board in November 2022.
The Special Committee confirmed it received a non-binding, unsolicited proposal from Ray Zage and James Lu to acquire Grindr for $18.00 per share in cash; the Special Committee and independent advisors are continuing to evaluate the proposal.
Grindr (NYSE: GRND) confirmed on October 24, 2025 that its Special Committee received a non-binding, unsolicited take-private proposal from large shareholders Ray Zage and James Lu to acquire the company for $18.00 per share in cash. The proposing shareholders and affiliated entities currently beneficially own more than 60% of outstanding common stock. The Special Committee, composed of disinterested and independent directors and advised by J.P. Morgan and Vinson & Elkins, is reviewing the proposal and evaluating options for all shareholders. The company said there is no assurance the proposal will result in a transaction and it does not intend to provide further comment unless appropriate.
Grindr (NYSE: GRND) majority shareholders George Raymond Zage III and James Fu Bin Lu submitted a non-binding proposal on October 24, 2025 to acquire all outstanding shares not owned by them at $18.00 per share in a going-private transaction.
The offer price represents an approximately 51% premium to the unaffected stock price on October 10, 2025. The Proposing Shareholders and affiliated entities beneficially own more than 60% of outstanding shares and say they have secured significant expressions of interest for financing, including additional equity and debt commitments.
Grindr (NYSE: GRND) will release its third quarter 2025 financial results for the quarter ended September 30, 2025 after market close on Thursday, November 6, 2025. A shareholder letter will be posted on the company's investor relations site and a press release will be issued at that time. Following the release, Grindr will host a live webcasted earnings conference call on November 6, 2025 at 2:00 p.m. PT / 5:00 p.m. ET. The live and archived webcast will be available at https://investors.grindr.com.
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