Willkie Farr & Gallagher LLP
11/14/2024 | News release | Distributed by Public on 11/14/2024 10:52
Willkie Advises Grid Dynamics on Primary Stock Offering
Willkie Advises Grid Dynamics on Primary Stock Offering
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November 14, 2024
Willkie advised Grid Dynamics Holdings, Inc. (NASDAQ:GDYN), a leader in technology consulting, platform and product engineering, AI, and digital engagement services, on its approximately $114 million public offering of common stock.
On November 12, Grid Dynamics announced the pricing of an underwritten public offering of shares of its common stock at $17.25 per share. The company will sell 6,612,500 shares, which reflects the full exercise of the underwriters' over-allotment option. The net proceeds of the offering, which closed on November 14, were approximately $107.5 million.
The Willkie team was led by partners Matthew Berger and Jeffrey Hochman and included associates M. Scott Greenberg, Katelyn Merick, Sophia Gao and Joshua Gopaul.
On November 12, Grid Dynamics announced the pricing of an underwritten public offering of shares of its common stock at $17.25 per share. The company will sell 6,612,500 shares, which reflects the full exercise of the underwriters' over-allotment option. The net proceeds of the offering, which closed on November 14, were approximately $107.5 million.
The Willkie team was led by partners Matthew Berger and Jeffrey Hochman and included associates M. Scott Greenberg, Katelyn Merick, Sophia Gao and Joshua Gopaul.
Matthew D. Berger Partner Corporate & Financial Services
Palo Alto [email protected] +1 650 887 9388
Jeffrey S. Hochman Partner Corporate & Financial Services
New York [email protected] +1 212 728 8592
M. Scott Greenberg Associate Corporate & Financial Services
New York [email protected] +1 212 728 3771
Katelyn Merick Associate Corporate & Financial Services
Washington [email protected] +1 202 303 1098