---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-039005"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2021-07-28T23:59:59+00:00"
generated_at: "2026-06-30T01:45:00.134334+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics redeems all 2.77M public warrants; holders must exercise by Aug 30 at $11.50/share

## Summary
- Company calls all 2,773,141 public warrants at $0.01 each; exercise price is $11.50 per share.
- Potential gross proceeds to Grid Dynamics from warrant exercise up to ~$31.9 million.
- Redemption date is August 30, 2021 at 5:00 PM ET; any unexercised warrants become void.
- Share price condition met: common stock closed at ≥$18.00 for 20 of 30 trading days ending July 23, 2021.
- No private placement or working capital warrants remain outstanding; warrants will cease trading on Nasdaq.

## SEC filing metadata
- accession: 0001213900-21-039005
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2021-07-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000121390021039005/0001213900-21-039005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000121390021039005/ea144886-8k_griddynamics.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-039005
- JSON: https://secwatch.observer/filing/0001213900-21-039005.json
- Plain text: https://secwatch.observer/filing/0001213900-21-039005.txt

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