---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-051629"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:38:58.388839+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics extends credit facility maturity to 2028, raises covenant baskets

## Summary
- Maturity extended to March 15, 2028 via Fourth Amendment to existing $30M revolving credit facility.
- Revolving facility size remains $30M ($10M LC sublimit); can be increased to $50M subject to lender commitments.
- No outstanding borrowings as of May 20, 2025; facility supports working capital and general corporate purposes.
- Interest rates unchanged: base rate plus 1.00–1.50% or SOFR/EURIBOR plus 2.00–2.50% based on leverage ratio.
- Amendment increases baskets for debt, liens, investments, dispositions, and restricted payment covenants.

## SEC filing metadata
- accession: 0001104659-25-051629
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000110465925051629/0001104659-25-051629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000110465925051629/tm2515714d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-051629
- JSON: https://secwatch.observer/filing/0001104659-25-051629.json
- Plain text: https://secwatch.observer/filing/0001104659-25-051629.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.