Grindr Shareholders Approve Equity Expansion, Elect Directors

Grindr (GRND) has provided an update.

Grindr Inc.’s stockholders have greenlit an expansion of the company’s 2022 Equity Incentive Plan, increasing the available common stock by over 2.8 million shares. The decision came during the 2024 Annual Meeting, where other key items such as the election of eight directors and the ratification of the company’s independent accounting firm were also confirmed. This development is significant for investors as it reflects Grindr’s commitment to incentivizing performance and attracting talent, potentially impacting the company’s growth and stock value.

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