Willkie Farr & Gallagher LLP

14/11/2024 | News release | Distributed by Public on 14/11/2024 16:52

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.
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
Sophia Gao Associate Corporate & Financial Services
New York [email protected] +1 212 728 3975
Joshua Gopaul Associate Corporate & Financial Services
New York [email protected] +1 212 728 3997
Willkie Farr & Gallagher LLP published this content on November 14, 2024, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 14, 2024 at 16:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]