---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-055046"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-09-09T23:59:59+00:00"
generated_at: "2026-06-23T12:04:54.727151+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics prices $100M public offering of 5.7M shares at $17.50, net proceeds ~$109.5M

## Summary
- Offering of 5,714,286 shares at $17.50 per share, closing expected Sept 12, 2022.
- Underwriters' 30-day option for 857,142 additional shares exercised in full.
- Estimated net proceeds of ~$109.5M after underwriting discounts, for general corporate purposes.
- J.P. Morgan and William Blair act as joint book-running managers; Needham and Cantor are co-managers.

## SEC filing metadata
- accession: 0001213900-22-055046
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-09-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000121390022055046/0001213900-22-055046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000121390022055046/ea165486-8k_griddynamics.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-055046
- JSON: https://secwatch.observer/filing/0001213900-22-055046.json
- Plain text: https://secwatch.observer/filing/0001213900-22-055046.txt

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