| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GRND | Common Stock, par value $0.0001 per share | Options Exercise | $0 | +5.13M | $0.00 | 5.13M | Nov 18, 2022 | Direct | F1, F2, F3 | |
| transaction | GRND | Common Stock, par value $0.0001 per share | Award | $0 | +72M | $0.00 | 72M | Nov 18, 2022 | By Corporation | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GRND | Warrants | Conversion of derivative security | $28.8M | +2.5M | $11.50 | 2.5M | Nov 18, 2022 | Common Stock | 2.5M | $11.50 | Through corporation | F3 | |
| transaction | GRND | Class B ordinary shares | Conversion of derivative security | -5.13M | -100% | 0 | Nov 18, 2022 | Common Stock | 5.13M | Direct | F3, F4 | |||
| transaction | GRND | Warrants | Conversion of derivative security | $160M | +13.9M | $11.50 | 13.9M | Nov 18, 2022 | Common Stock | 13.9M | $11.50 | Direct | F5 | |
| transaction | GRND | Options | Conversion of derivative security | +381K | 381K | Nov 18, 2022 | Common Stock | 381K | Through corporation | F6 |
| Id | Content |
|---|---|
| F1 | Received pursuant to the Agreement and Plan of Merger, dated May 9, 2022 (the "MA"), by and among Grindr Group LLC ("LG"), Tiga Acquisition Corp. ("Tiga") and Tiga Merger Sub LLC, a subsidiary of Tiga ("Sub I", and together with Tiga and LG, the "Entities"), as amended in the First Amendment to the MA, dated October 5, 2022, by and among Tiga Merger Sub II LLC, a subsidiary of Tiga ("Sub II") and the Entities, pursuant to which Sub I first merged with and into LG, whereupon the separate corporate existence of Sub I ceased, and LG became the surviving company and continued in existence as a wholly owned subsidiary of Tiga until promptly thereafter and as part of the overall transaction, when LG merged with and into Sub II, with Sub II being the entity that survived such second merger and continued in existence as a wholly owned subsidiary of Tiga (the "Business Combination"). Tiga domesticated as a Delaware corporation and subsequently changed its name to Grindr Inc. (the "Issuer"). |
| F2 | As described in the Issuer's proxy statement (Registration No. 333-264902) ("Proxy"), Issuer's Common Stock were issued to San Vicente Holdings LLC, ("SVH") in exchange for LG Series X ordinary units indirectly held by SVH. The Reporting Person indirectly had a 43% non-voting, economic only interest in LG through Tiga SVH Investments Ltd. ("TSVH"), which held a 54.1% non-voting, economic only interest in SVH. Tiga Investments Pte. Ltd. ("TI") is the sole equityholder of Tiga SVH and exercises ultimate voting and investment power of the shares held by TSVH. The Reporting Person is the sole equityholder of TI and exercises ultimate voting and investment power of the shares held by TI. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. |
| F3 | As described in the Proxy, warrants to purchase the Issuer's Common Stock were issued to SVH, in exchange for warrants to purchase LG Series X ordinary units, indirectly held by SVH. The Reporting Person indirectly had a 43% non-voting, economic only equity interest in LG through Tiga, which held a 54.1% non-voting, economic only interest in SVH. TI is the sole equityholder of Tiga SVH and exercises ultimate voting and investment power with respect to the shares held by Tiga SVH. The Reporting Person is the sole equityholder of TI and exercises ultimate voting and investment power with respect to the shares held by TI. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. |
| F4 | Received pursuant to the Business Combination. As described in the Proxy, the Reporting Person was an equityholder of Tiga Sponsor LLC, a Delaware limited liability company ("Tiga Sponsor"). Tiga Sponsor previously held shares of Class B ordinary shares of Tiga. Such shares, which were previously convertible into Class A ordinary shares of Tiga, were distributed to the equityholders of Tiga Sponsor, including the Reporting Person, and were converted into shares of the Issuer's Common Stock in connection with, and upon the consummation of, the Business Combination. |
| F5 | Received pursuant to the Business Combination. As described in the Proxy, the Reporting Person was an equityholder of Tiga Sponsor LLC, a Delaware limited liability company ("Tiga Sponsor"). Tiga Sponsor previously held warrants to purchase Class A ordinary shares of Tiga. Such warrants were distributed to the equityholders of Tiga Sponsor, including the Reporting Person, and were converted into warrants to purchase the Issuer's Common Stock in connection with, and upon the consummation of, the Business Combination. |
| F6 | Option to acquire Issuer's Common Stock from another shareholder within 60 days of the consummation of the Business Combination. |