Majority Grindr Shareholders George Raymond Zage III and James Fu Bin Lu Submit Non-Binding Offer to Acquire All Outstanding Shares of Grindr Inc. for $18.00 per Share

Proposed Offer Represents 51% Premium to Unaffected Stock Price

LOS ANGELES , Oct. 24, 2025 /PRNewswire/ -- George Raymond Zage III and James Fu Bin Lu (together, the "Proposing Shareholders"), who along with affiliated entities beneficially own in aggregate more than 60% of the outstanding shares of common stock of Grindr Inc. (the "Company" or "Grindr") (NYSE: GRND), today submitted a non-binding proposal (the "Proposal") to acquire all outstanding shares of the Company's common stock not already owned by the Proposing Shareholders and their affiliates (the "Minority Shares") in a going-private transaction (the "Acquisition").