other material
confidence high
sentiment neutral
materiality 0.55
Grid Dynamics prices 5.75M share public offering at $17.25/sh, net ~$93.4M
GRID DYNAMICS HOLDINGS, INC.
- Pricing of 5,750,000 shares at $17.25/sh; underwriters' option for 862,500 shares exercised in full.
- Expected net proceeds after expenses ~$93.4M; use for working capital, capex, and potential acquisitions.
- Closing expected November 14, 2024; J.P. Morgan, William Blair, and TD Cowen as joint book-running managers.