Grindr’s Stormy SPAC Union

A number of hedge funds were among the largest shareholders before the LGBTQ+ social network completed its merger with a blank-check company last week.

Illustration by II

Illustration by II

A rare successful SPAC merger was completed last week, although it depends on your definition of successful.

Shares of LGBTQ+ social network Grindr began trading last Friday when the company completed its merger with Tiga Acquisition Corp. However, the Singapore-based blank-check company suffered a 98.2

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