Grid Dynamics Holdings, Inc. (GDYN) Launches 10.1M Share Proposed Follow-on Offering

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Go back to Grid Dynamics Holdings, Inc. (GDYN) Launches 10.1M Share Proposed Follow-on Offering

Grid Dynamics Holdings, Inc. (GDYN) Prices 10.1M Share Follow-on Offering at $15.03/sh

July 1, 2021 7:36 AM EDT

Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leader in enterprise-level digital transformation, today announced the pricing of an underwritten follow-on public offering of 10,100,262 shares of its common stock, which includes 4,000,000 shares offered by Grid Dynamics and 6,100,262 shares offered by certain selling stockholders, at a price to the public of $15.03 per share. Closing of the offering is expected to occur on July 6, 2021, subject to customary closing conditions. Grid Dynamics will not receive any proceeds from the sale of the shares by the selling... More