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Grindr just made a big announcement

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www.queerty.com

Grindr announced yesterday that it’s going to go public and float on the stock market.In a press release describing itself as “the #1 social network for the LGBTQ+ community” (ahem), Grindr said it was merging with Singapore-based investment company Tiga Acquisition Corp. (TAC) ahead of the public offering.

The combined company will be called Grindr, Inc.TAC will help Grindr raise the funds to go public.“Grindr is well positioned to be a public company and will continue to expand the ways it serves the LGBTQ+ community, from products, services to the philanthropic and advocacy work done through Grindr 4 Equality,” said its CEO, Jeff Bonforte.Related: The Old Gays reacting to Grindr tags might be the best thing you see all dayJames F.

Lu, Chair of Grindr’s Board of Directors, added, “This transaction is a milestone event, not only for our iconic company, our people, partners, and investors, but also for the community we serve around the world.”Grindr was launched in 2009 by tech entrepreneur Joel Simkhai.

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