Free Sign up
The Latest

Tiga Acquisition Sets Vote Date on $2.1B Grindr Deal

November 2, 2022
1 minute read
Total
0
Shares
0
0
0

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.

Total
0
Shares
Share 0
Tweet 0
Share 0
Related Posts
Read More

FTAC Emerald Delays Extension Vote for a 3rd Time

FTAC had faced a termination deadline in June, but just before it was due to expire the SPAC announced it had signed a letter of intent for a merger with an unnamed target. That automatically extended the SPAC’s runway to Sept. 20. There has been no further announcement regarding the LOI.
Read More

Breeze Holdings Files S-4 on TV Ammo Deal

Cash proceeds raised will consist of Breeze Holdings’ remaining cash in trust (before any further redemptions and payment of any transaction expenses) and $100 million in anticipated new capital, expected to be split between debt and equity.