Bumble (BMBL) just released results and announced they acquired another dating app called Fruitz:
https://www.sec.gov/Archives/edgar/data/1830043/000095017022003124/bmbl-ex99_1.htm
However they are not disclosing the purchase price of this anywhere. As a shareholder I should have this information to determine if they paid a fair price for it or not.
Is this not against GAAP/SEC rules?
Thanks
Leave a Reply