NYSE:GRND 24 October 2025 - 25 October 2025

On Friday Oct 24, GRND shot up from the low-$12 range into the mid-$15s. Finviz data show Friday’s prevailing price was $12.67 with the stock closing at $15.06finviz.com. Investing.com and TechStock² report intraday spikes to ~$16 before settling near $15ts2.techinvesting.com. Trading volume was ~11.4 M shares on Friday – roughly five times the 6-week average – reflecting the frenzied demandfinviz.com. In short, the buyout news sent GRND soaring. By contrast, peers like Bumble and Match saw only modest moves. Grindr’s largest shareholders – James Fu Bin Lu and George Raymond Zage III – submitted the buyout proposal on Oct 24investors.grindr.cominvesting.com. Together with affiliates, they already own over 60% of Grindr’s stockinvestors.grindr.cominvesting.com. The offer would pay $18 per share in cash, valuing Grindr at roughly $3.46 billioninvestors.grindr.comreuters.com. This is roughly a 51% premium to the stock price on Oct 10reuters.com. The buyers plan to finance the deal via a $1 billion first-lien loan plus $100 million in new equity from themselvesinvesting.com. If completed, Grindr would be delisted from the NYSE and go private in early 2026.

Grindr’s stock price skyrocketed after news of a potential insider buyout broke. On Friday, Oct. 24, GRND opened at $14.50 and surged as high as $16.22 intraday, an approximately 25% jump from the prior day’s closeinvesting.com. The rally came after Grindr confirmed that its two largest shareholders – board Chair James Fu Bin Lu and director G. Raymond Zage III – had submitted a preliminary proposal to take the company private at $18.00 per share in cashd18rn0p25nwr6d.cloudfront.netd18rn0p25nwr6d.cloudfront.net. By the end of the day, Grindr stock was hovering around $15.90 on heavy volumebarchart.com, as investors digested the possibility of a buyout. This dramatic one-day gain reversed what had been a steep downward trend for Grindr’s shares over the past several months. Prior to the buyout buzz, GRND was down roughly 20–30% in 2025tipranks.combarchart.com, trading near all-time lows. In fact, the stock had languished around the $12 range this month, not far above its 52-week low of ~$11.73investing.com. The sudden takeover interest injected new optimism into the market’s view of Grindr. Traders immediately bid up the price toward the rumored deal level, betting that the offer could materialize and deliver a quick payoff.