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0 0 0.00220750551876375 0.00220750551876375 0.000551876379691035 0.00165562913907291 -0.01158940397351 0.00165562913907291
Stock impact report

Grindr Inc. Announces Redemption Fair Market Value in Connection with Redemption of its Outstanding Warrants

Grindr Inc. (GRND) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND) (“Grindr” or the “Company”), the Global Gayborhood in Your PocketTM, today announced the “Redemption Fair Market Value” to be used in connection with the previously announced redemption of all of its outstanding public warrants and private placement warrants (collectively, the “warrants”). Grindr previously announced that it will redeem all of its warrants that remain unexercised as of 5:00 p.m., New York City time, on February 24, 2025 (the “Redemption Date”), at a redemption price of $0.10 per warrant. The Redemption Fair Market Value will be used to determine the number of shares of the Company’s common stock (the “common stock”) that will be issued in connection with the exercise on a “cashless basis” of a warrant in accordance with subsection 6.1.2 of the warrant agreement.At the Company’s request, the warrant agent is delivering on the Company’s behalf a notice of redemption fair market value to each of the registered ho Show less Read more
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