Grindr Inc. reports on its social networking platform for gay, bi, trans, and queer people and the business performance of the Grindr app. Company news commonly covers shareholder letters, revenue and Adjusted EBITDA outlook, app engagement, brand partnerships and in-app experiences, Grindr for Equality initiatives, share repurchase authorizations, board composition, and executive appointments.
Updates also address legal, regulatory, and labor-related matters when they affect costs, governance, or public-company operations.
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.
Grindr (NYSE: GRND) confirmed that Board members Ray Zage and James Lu expressed interest in exploring a going-private acquisition of the company by acquiring all outstanding common stock.
The company said no proposal exists to evaluate at this time and that the Board formed a Special Committee of disinterested, independent directors to consider any definitive, bona fide proposal that includes committed financing. The Board and Special Committee stated they will act in the best interests of all stockholders while the company continues executing its three-year plan and serving its user base.
Grindr (NYSE:GRND) has announced a unique marketing collaboration with pop icon Christina Aguilera ahead of her headlining performance at the Portola Music Festival on September 20, 2025. The dating app is temporarily replacing its iconic 'bloop' notification sound with the opening of Aguilera's hit song "Come on Over Baby (All I Want Is You)" for users in the USA starting September 15.
The partnership includes in-app promotion and social media presence for Aguilera to promote the Portola Festival. Users can activate the new notification sound through their app settings, with the feature being automatically enabled for those who have sound notifications turned on.