Business AcquisitionStartups

Grindr’s Major Shareholders Explore Taking Company Private After Stock Decline

Grindr’s largest shareholders are exploring taking the company private just three years after its public debut. The move reportedly follows stock declines that triggered loan defaults requiring share seizures by lenders.

Grindr Faces Potential Return to Private Ownership

Grindr’s largest shareholders are exploring taking the popular dating and hookup app private again, according to reports confirmed Tuesday. Raymond Zage and James Lu, who led the company’s efforts to go public, are reportedly considering acquiring all outstanding stock to return the company to private ownership.