secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0001213900-21-039005
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000121390021039005/0001213900-21-039005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000121390021039005/ea144886-8k_griddynamics.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-039005

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