George Raymond Zage III Increases Grindr Inc. Stake to 51.5% Amid Voting Arrangement Disclosure

George Raymond Zage III filed Amendment No. 9 to Schedule 13D for Grindr Inc. (GRND) on April 30, 2026, reporting a beneficial ownership of 95,425,123 shares, representing 51.5% of the company. This ownership is held through Tiga Investments Eighty-Eight Pte Ltd, Tiga Investments Pte. Ltd., and Big Timber Holdings, LLC. The filing primarily discloses a voting arrangement stemming from litigation (Fellows v. G. Raymond Zage, III, et al.) in the Delaware Court of Chancery. On May 15, 2025, Mr. Zage submitted an affidavit committing to refrain from voting shares in excess of his pre-repurchase program percentage (approximately 44.9% of voting power) without 30 days' notice. This commitment addresses allegations regarding a "creeping takeover" following the company's March 2025 stock repurchase plan. Additionally, the filing notes that 85,926,333 shares are pledged under a loan agreement, and other shares are held in margin accounts as collateral. Mr. Zage maintains sole voting and dispositive power over the reported shares.