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Grindr sinks as board pauses buyout talks over financing doubts
short by / on Monday, 24 November, 2025
Grindr shares fell up to 8% premarket after its board's special committee paused buyout discussions with major shareholders Ray Zage and James Lu, who proposed taking the company private at $18 per share. The committee cited unresolved concerns over the deal's financing and said requested details weren't provided.
read more at Stocktwits