Gay dating app Grindr to go public in $2.1 billion deal
Grindr said its existing shareholders would own 78% of the company after the merger, which comes two years after China's Kunlun Tech Co divested it for $620 million...
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Grindr said its existing shareholders would own 78% of the company after the merger, which comes two years after China's Kunlun Tech Co divested it for $620 million...
Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm - a deal that values it at $2.1 billion (72 billion baht) and features Tiga Investments CEO Raymond Zage on both sides of the transaction.
Merger comes two years after Kunlun Tech divested it due to national security concerns
Despite a relatively more volatile and generally tough investing environment for equity-based investment firms, especially in the context of the rise of retail investors and their short squeezes, hedge...