Grid Dynamics Holdings, Inc. (GDYN) Announces Proposed 5M Share Offering

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Grid Dynamics Announces Proposed Public Offering

November 12, 2024 4:40 PM EST

SAN RAMON, Calif.--(BUSINESS WIRE)-- Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a leader in technology consulting, platform and product engineering, AI, and digital engagement services, today announced the launch of a proposed underwritten public offering of 5,000,000 shares of its common stock. All of the shares to be sold in the offering are to be sold by Grid Dynamics. In addition, Grid Dynamics expects to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of its common stock. The offering is subject to market and other... More