Grindr Inc. has received interest from major shareholders in exploring a potential going-private transaction, involving acquiring all outstanding common stock. A Special Committee has been formed to evaluate any offer, ensuring committed financing is in place. The Board emphasizes acting in the best interests of shareholders. Grindr remains focused on executing its strategic plan and serving its user base, reaffirming dedication to strong performance. GRND closed trading at $12.74, down 3.78%, but gained 5.10% in after-hours trading. (Source: RTTNews)

Read more at Nasdaq.: Grindr Confirms Potential Take-Private Deal From Major Shareholders; Stock Up In After-hours