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Filing Details

Accession Number:: 0001209191-23-049936
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-09-19 16:15:44
Reporting Period:: 2023-09-15

Accepted Time:: 2023-09-19 16:15:44
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1820144	Grindr Inc.	GRND	Services-Computer Programming, Data Processing, Etc. (7370)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1833678	Iii Raymond George Zage	C/O Grindr Inc. 750 N. San Vicente Blvd. Ste Re1400 West Hollywood CA 90069		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001 Per Share	Disposition	2023-09-15	663,480	$0.63	72,278,806	No	4	S	Indirect	By Tiga SVH Investments Ltd.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Tiga SVH Investments Ltd.

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Guaranteed Exchangeable Note (Initial Issue)	Acquisiton	2023-09-15	0	$1,474,031.76	196,276	$7.51
Common Stock	Guaranteed Exchangeable Note (Second Issue)	Acquisiton	2023-09-15	0	$1,526,169.16	228,127	$6.69
Common Stock	Guaranteed Exchangeable Note (Third Issue)	Acquisiton	2023-09-15	0	$813,407.07	125,914	$6.46
Common Stock	Warrants (right to buy)	Disposition	2023-09-15	1,800,320	$0.80	1,800,320	$11.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2024-03-30	No	4	P	Indirect
0		2024-03-30	No	4	P	Indirect
0		2024-03-30	No	4	P	Indirect
703,442	2023-09-15	2027-11-18	No	4	S	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.0001 Per Share	5,560,000	Direct

Footnotes

Tiga SVH Investments Ltd. is 100% owned by Tiga Investments Pte. Ltd., which is 100% owned by the Reporting Person.
These Guaranteed Exchangeable Notes (each, a "Note" and, collectively, the "Notes") are issued by Longview Grindr Holdings Limited under the terms and conditions of that certain Exchangeable Note Instrument, dated September 15, 2023.
The conversion price was determined by multiplying the volume weighted average price of the Issuer's Common Stock for the last five consecutive trading days (the "Spot VWAP") as of March 30, 2023, which was $6.26, by 120%. If at any time the Spot VWAP is less than or equal to 80% of the then effective Spot VWAP for five consecutive trading days, the Spot VWAP for the purposes of determining the conversion price will be automatically adjusted downwards to the Spot VWAP calculated as of the fifth such consecutive trading day.
Each note may be converted when the underlying shares of the Issuer's Common Stock may be transferred without restrictions or encumbrances and are freely tradeable.
The Note matures on March 30, 2024.
The Note is held by Big Timber Holdings, LLC, a Nevis limited liability company ("Big Timber"). The Reporting Person is the Manager and sole member of Big Timber and exercises ultimate voting and investment power over the Note and any shares of the Issuer's Common Stock that may be acquired by Big Timber as a result of conversion of the Notes.
The conversion price was determined by multiplying the Spot VWAP as of June 15, 2023, which was $6.08, by 110%. If at any time the Spot VWAP is less than or equal to 80% of the then effective Spot VWAP for five consecutive trading days, the Spot VWAP for the purposes of determining the conversion price will be automatically adjusted downwards to the Spot VWAP calculated as of the fifth such consecutive trading day.
The conversion price was determined by multiplying the Spot VWAP as of September 15, 2023, which was $5.87, by 110%. If at any time the Spot VWAP is less than or equal to 80% of the then effective Spot VWAP for five consecutive trading days, the Spot VWAP for the purposes of determining the conversion price will be automatically adjusted downwards to the Spot VWAP calculated as of the fifth such consecutive trading day.