Last year, the app was acquired by Tiga Acquisition Corp which then took the company public.

Source: https://gizmodo.com/archer-tinder-dating-app-match-group-gay-dating-app-1850493072

Recall that Carter Efe and Berri Tiga released Machala this year in honour of before they took to social media to engage in a heated exchange over song ownership.

Source: https://www.legit.ng/entertainment/celebrities/1512091-sweet-videos-wizkids-lagos-concert-berri-tiga-carter-efe-reunite-stage-naira-marley-thrills/

Tiga Acquisition has a beta of -0.02, suggesting that its stock price is 102% less volatile than the S&P 500. Comparatively, Sangoma Technologies has a beta of 0.99, suggesting that its stock price is 1% less volatile than the S&P 500.

Source: https://www.etfdailynews.com/2023/12/09/tiga-acquisition-nysetinv-sangoma-technologies-nasdaqsang-critical-contrast/