- SPACs
- Tiga Acquisition Corp.
Tiga Acquisition Corp.
Completed 2022-11-18- CIK 1820144
- TINV
- Now GRND
- IPO 2020-11-25
- $289M trust
- 557 filings
Successfully merged with Grindr Group LLC • Now trading as GRND
- IPO Size
- $276M
- raised at the IPO
- Trust
- $289M
- as of 2022-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
557 filings over 26 quarters; violet bars carry a milestone
- 20 Q3: 1 filing
- 20 Q4: 17 filings
- 21 Q1: 5 filings
- 21 Q2: 6 filings
- 21 Q3: 2 filings
- 21 Q4: 6 filings
- 22 Q1: 4 filings
- 22 Q2: 11 filings
- 22 Q3: 18 filings
- 22 Q4: 57 filings
- 23 Q1: 15 filings
- 23 Q2: 11 filings
- 23 Q3: 12 filings
- 23 Q4: 25 filings
- 24 Q1: 9 filings
- 24 Q2: 26 filings
- 24 Q3: 18 filings
- 24 Q4: 39 filings
- 25 Q1: 53 filings
- 25 Q2: 63 filings
- 25 Q3: 29 filings
- 25 Q4: 47 filings
- 26 Q1: 20 filings
- 26 Q2: 35 filings
- 26 Q3: 18 filings
- 26 Q4: 10 filings
- S-1 filed 20 Q3
- IPO 20 Q4
- Definitive agreement 22 Q2
- Completed 22 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2020-08-05 Filed S1
- IPO2020-11-25 IPO, search begins
- Definitive Agreement2022-05-09 Agreement for merger
- Completed2022-11-18 Merger Completed
About
Tiga Acquisition Corp. is a blank-check company formed to complete an initial business combination with one or more businesses.
Key Information
As the filings state it
- IPO Date
- 2020-11-25
- Total Redemptions
- $285M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2022-11-18
- Merger Target
- Grindr Group LLC
- SPAC Ticker
- TINV
- Merged Ticker
- GRND
Stock Performance
GRNDTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2021-01-14 | $11.00 | |
| At Merger | 2022-11-21 | $19.71 | +79% |
| 6 Months Post-Merger | 2023-05-22 | $6.05 | -69% |
| 1 Year Post-Merger | 2023-11-20 | $6.85 | -65% |
| 2 Years Post-Merger | 2024-11-18 | $14.76 | -25% |
| Current Price | 2026-11-04 | $14.01 | +27% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Founders G. Raymond Zage, III and Ashish Gupta have more than 46 years of combined financing and investment experience. CFO Diana Luo has investment-analysis and financial-operations experience; COO Peter Chambers has senior operating and board experience in Southeast Asia.