secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2024-11-14T23:59:59+00:00
Accession:  0001104659-24-118374
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grid Dynamics prices 5.75M share public offering at $17.25/sh, net ~$93.4M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000110465924118374/0001104659-24-118374-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000110465924118374/tm2427683d7_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-118374

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer