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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:
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Written communication pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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☐
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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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☐
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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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