---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-035589"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2021-07-02T23:59:59+00:00"
generated_at: "2026-06-30T07:40:43.988349+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics prices follow-on offering of 10.1M shares at $15.03; nets ~$77.5M

## Summary
- Offer includes 4M shares from Grid Dynamics and ~6.1M from selling stockholders at $15.03 per share.
- Underwriters' option for additional ~1.5M shares exercised in full, per 8-K.
- Net proceeds to Grid Dynamics of ~$77.5M for general corporate purposes; no proceeds from selling stockholders.
- Expected closing July 6, 2021; J.P. Morgan, William Blair, Cowen are joint book-runners.

## SEC filing metadata
- accession: 0001213900-21-035589
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2021-07-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000121390021035589/0001213900-21-035589-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000121390021035589/ea143691-8k_griddynamics.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-035589
- JSON: https://secwatch.observer/filing/0001213900-21-035589.json
- Plain text: https://secwatch.observer/filing/0001213900-21-035589.txt

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