Why is Bumble not required to disclose it’s Fruitz acquisition?


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


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