UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
PURSUANT TO
SECTION 13 OR 15(D) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest
event reported): September 14, 2022
TIGA ACQUISITION CORP.
(Exact name of registrant as
specified in its charter)
Cayman
Islands
(State or other jurisdiction of
incorporation)
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001-39714
(Commission File Number)
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N/A
(I.R.S. Employer Identification
No.)
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Ocean Financial Centre
Level 40, 10 Collyer Quay, Singapore
Singapore
(Address of principal executive offices)
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(Zip Code)
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+65
6808-6288
(Registrant's telephone number,
including area code)
Not
Applicable
(Former name or former address, if
changed since last report)
Check the appropriate box below if the Form 8-K is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☒ |
Written communication pursuant to Rule 425 under the
Securities Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
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☐ |
Pre-commencements communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
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Name of each
exchange on which registered
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Units, each consisting of one Class A ordinary share and one-half
of one redeemable warrant
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TINV.U
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The New York
Stock Exchange
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Class A ordinary shares, par value $0.0001 per share
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TINV
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The New York
Stock Exchange
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Redeemable warrants, each whole warrant exercisable for one Class A
ordinary share at an exercise price of $11.50 per share
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TINV
WS
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The New York
Stock Exchange
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☒ |
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
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☐ |
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act.
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Item
7.01 Regulation
FD Disclosure
Attached as Exhibit 99.1 to this
Current Report on Form 8-K and incorporated by reference herein is
an investor presentation dated September 2022, that will be used by
Tiga Acquisition Corp. (“Tiga”) in meetings with certain of
its shareholders as well as other persons with respect to the
proposed business combination (the “Business Combination”)
pursuant to that certain Agreement and Plan of Merger (the
“Merger Agreement”), dated as of May 9, 2022, by and among
Tiga, Tiga Merger Sub LLC, a Delaware limited liability company and
wholly owned subsidiary of Tiga, and Grindr Group LLC
(“Grindr”), a Delaware limited liability company. A copy of
the audio NetRoadshow transcript is also included as Exhibit 99.2
to this Current Report on Form 8-K and incorporated by reference
herein.
The information in this Item 7.01,
including Exhibits 99.1 and 99.2, is furnished and shall not be
deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or
otherwise subject to liabilities under that section, and shall not
be deemed to be incorporated by reference into the filings of Tiga
under the Securities Act or the Exchange Act, regardless of any
general incorporation language in such filings. This Current Report
will not be deemed an admission as to the materiality of any
information of the information in this Item 7.01, including
Exhibits 99.1 and 99.2.
Disclaimer
This Current Report on Form 8-K
relates to a proposed transaction between Grindr and Tiga. This
Current Report on Form 8-K does not constitute an offer to sell or
exchange, or the solicitation of an offer to buy or exchange, any
securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, sale or exchange would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the Securities Act.
Additional Information and Where to
Find It
In connection with the proposed
business combination, Tiga filed a registration statement on Form
S-4 (the “Registration Statement”) that includes a
preliminary proxy statement and prospectus with respect to Tiga’s
securities to be issued in connection with the Business Combination
that also constitutes a preliminary prospectus of Tiga and will
mail a definitive proxy statement/prospectus and other relevant
documents to its shareholders. The Registration Statement is not
yet effective. The Registration Statement, including the proxy
statement/prospectus contained therein, when it is declared
effective by the SEC, will contain important information about the
Business Combination and the other matters to be voted upon at a
meeting of Tiga’s shareholders to be held to approve the proposed
business combination and other matters (the “Extraordinary
Meeting”) and is not intended to provide the basis for any
investment decision or any other decision in respect of such
matters. Before making any voting decision, Tiga’s shareholders and
other interested persons are advised to read, when available, the
Registration Statement and the proxy statement/prospectus, as well
as any amendments or supplements thereto, and all other relevant
documents filed or that will be filed with the SEC because they
will contain important information about the Business Combination.
When available, the definitive proxy statement/prospectus will be
mailed to Tiga shareholders as of a record date to be established
for voting on the Business Combination and the other matters to be
voted upon at the Extraordinary Meeting.
Tiga shareholders will also be able
to obtain copies of the definitive proxy statement/prospectus,
without charge, once available, at the SEC’s website at www.sec.gov
or by directing a request to
https://www.tiga-corp.com/sec-filings.
The documents filed by Tiga with
the SEC also may be obtained free of charge upon written request to
Tiga Acquisition Corp., Ocean Financial Centre, Level 40, 10
Collyer Quay, Singapore 049315.
The information contained on, or
that may be accessed through, the websites referenced in this
document is not incorporated by reference into, and is not a part
of, this document.
INVESTMENT IN ANY SECURITIES
DESCRIBED HEREIN HAS NOT BEEN APPROVED OR DISAPPROVED BY THE SEC OR
ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR
ENDORSED THE MERITS OF THE BUSINESS COMBINATION OR THE ACCURACY OR
ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO
THE CONTRARY IS A CRIMINAL OFFENSE.
Participants in Solicitation
Tiga and its directors and
executive officers may, under SEC rules, be deemed participants in
the solicitation of proxies from Tiga’s shareholders in connection
with the Business Combination. A list of the names of such
directors and executive officers and information regarding their
interests in the Business Combination will be contained in the
proxy statement/prospectus when available. Information regarding
the persons who may, under SEC rules, be deemed participants in the
solicitation of proxies to Tiga shareholders in connection with the
Business Combination and other matters to be voted upon at the
Extraordinary General Meeting will be set forth in the proxy
statement/prospectus when available. You may obtain free copies of
these documents as described in this Current Report.
Forward-Looking Statements
This Current Report on Form 8-K
contains certain forward-looking statements within the meaning of
the “safe harbor” provisions of the United States Private
Securities Litigation Reform Act of 1995 with respect to the
proposed transaction between Grindr and Tiga. These forward-looking
statements generally are identified by the words “believe,”
“project,” “expect,” “anticipate,” “estimate,” “intend,”
“strategy,” “future,” “opportunity,” “plan,” “propose,” “forecast,”
“seek,” “guidance,” “target” “may,” “should,” “will,” “would,”
“will be,” “will continue,” “will likely result,” and similar
expressions. Forward-looking statements are predictions,
projections and other statements about future events that are based
on current expectations and assumptions and, as a result, are
subject to risks and uncertainties. Many factors could cause actual
future events to differ materially from the forward-looking
statements in this document, including but not limited to: (i) the
risk that the transaction may not be completed in a timely manner
or at all, which may adversely affect the price of Tiga’s
securities, (ii) the risk that the transaction may not be completed
by Tiga’s business combination deadline and the potential failure
to obtain an extension of the business combination deadline if
sought by Tiga, (iii) the failure to satisfy the conditions to the
consummation of the transaction, including the adoption of the
Merger Agreement by the shareholders of Tiga, the satisfaction of
the minimum amount following redemptions by Tiga’s public
shareholders and the receipt of certain governmental and regulatory
approvals in Tiga’s trust account, (iv) the lack of a third party
valuation in determining whether or not to pursue the proposed
transaction, (v) the inability to complete the Forward Purchase
Commitment, the Backstop Commitment or the PIPE Investment (each as
defined in the Merger Agreement), (vi) the occurrence of any event,
change or other circumstance that could give rise to the
termination of the Merger Agreement, (vii) the effect of the
announcement or pendency of the transaction on Grindr’s business
relationships, operating results, and business generally, (viii)
risks that the proposed transaction disrupts current plans and
operations of Grindr, (ix) the outcome of any legal proceedings
that may be instituted against Grindr or against Tiga related to
the Merger Agreement or the Business Combination, (x) the ability
to maintain the listing of Tiga’s securities on a national
securities exchange, (xi) changes in the competitive and regulated
industries in which Grindr operates, variations in operating
performance across competitors, changes in laws and regulations
affecting Grindr’s business and changes in the combined capital
structure, (xii) the ability to implement business plans,
forecasts, and other expectations after the completion of the
proposed transaction, and identify and realize additional
opportunities, (xiii) the risk of downturns and a changing
regulatory landscape in the highly competitive online social
networking industry, (xiv) the potential benefits of the Business
Combination (including with respect to shareholder value), (xv) the
effects of competition on Grindr’s future business, (xvi) risks
related to political and macroeconomic uncertainty, (xvii) the
amount of redemption requests made by Tiga’s public shareholders,
(xviii) the ability of Tiga or the combined company to issue equity
or equity-linked securities in connection with the Business
Combination or in the future and (xix) the impact of the COVID-19
pandemic and the 2022 monkeypox outbreak. The foregoing list of
factors is not exhaustive. You should carefully consider the
foregoing factors and the other risks and uncertainties described
in the “Risk Factors” section of Tiga’s registration on Form S-4
(File No. 333-264902), the registration statement on Form S-4
discussed above and other documents filed by Tiga from time to time
with the SEC. These filings identify and address other important
risks and uncertainties that could cause actual events and results
to differ materially from those contained in the forward-looking
statements. Forward-looking statements speak only as of the date
they are made. Readers are cautioned not to put undue reliance on
forward-looking statements, and Grindr and Tiga assume no
obligation and do not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise. Neither Grindr nor Tiga gives any
assurance that either Grindr or Tiga, or the combined company, will
achieve its expectations.
No Offer or Solicitation
This communication does not
constitute an offer to sell or the solicitation of an offer to buy
any securities, or a solicitation of any vote or approval,
nor shall there be any sale of securities in any jurisdiction
in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities
laws of any such jurisdiction.
Item
9.01 Financial
Statements and Exhibits.
(d) Exhibits.
The following
exhibits are filed with this Form 8-K:
Exhibit No.
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Description of
Exhibits
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Investor Presentation dated September 2022.
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Audio NetRoadshow Transcript.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
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Tiga Acquisition Corp.
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Date: September 14, 2022
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By:
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/s/Diana Luo
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Name:
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Diana Luo
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Title:
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Chief Financial Officer
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