Tiga Acquisition Sets Vote Date on $2.1B Grindr Deal

Tiga Acquisition today announced a Nov. 15 shareholder vote on its proposed merger with LGBTQ social network Grindr. The SEC has declared effective the registration statement on Form S-4.

As announced in May, proceeds will consist of the SPAC’s approximately $284 million of cash in trust and up to $100 million in additional cash equity from a forward purchase agreement.

The SPAC is on its third deadline extension, due to expire Nov. 27. Read more.

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