secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2021-07-02T23:59:59+00:00
Accession:  0001213900-21-035589
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000121390021035589/0001213900-21-035589-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000121390021035589/ea143691-8k_griddynamics.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-035589

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