secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2022-09-09T23:59:59+00:00
Accession:  0001213900-22-055046
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000121390022055046/0001213900-22-055046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000121390022055046/ea165486-8k_griddynamics.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-055046

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