Grindr Inc. entered into a definitive agreement to sell approximately 3.7 million non-voting junior shares held indirectly by its controlling shareholder to PurposeMed, a private medical group. This transaction, valued at $69,705,000, is intended to advance medical diagnostics capabilities and reduc…
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Latest 5 stories · newest Sep 30, 2026
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Grindr To Sell Non-Core Non-Voting Junior Shares To PurposeMed
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Grindr increases 2026 revenue and EBITDA guidance
Grindr reported record Q2 2026 revenue of $138 million, due in part to a Madonna partnership and an AI-native product rollout. The company raised its full-year 2026 revenue forecast to approximately $540 million and Adjusted EBITDA guidance to approximately $232 million.
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Grindr amends equity plan to increase share reserve to 28.2M shares
Grindr Inc. amended and restated its 2022 Equity Incentive Plan, increasing the total share reserve to 28.2 million shares including 11.6 million shares pending stockholder approval at the 2026 annual meeting. The expansion allows the company greater flexibility in granting equity awards to employee…
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