Certain Restricted Stock Units of Grid Dynamics Holdings, Inc. are subject to a Lock-Up Agreement Ending on 30-AUG-2021.
August 29, 2021
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Certain Restricted Stock Units of Grid Dynamics Holdings, Inc. are subject to a Lock-Up Agreement Ending on 30-AUG-2021. These Restricted Stock Units will be under lockup for 61 days starting from 30-JUN-2021 to 30-AUG-2021.
Details:
Directors, executive officers, and the selling stockholders (the lock-up parties) have entered into lock-up agreements with the underwriters prior to the commencement of this offering pursuant to which each lock-up party, with limited exceptions, for a period of 60 days after the date of this prospectus supplement.
Grid Dynamics Holdings, Inc. is a provider of technology consulting, platform and product engineering, and advanced analytics services. The Companyâs cloud platform and product engineering practice provides services that enable businesses to harness the power of cloud computing and modern application development methodologies. It is specializes in architecting, designing, and building scalable, secure, and resilient cloud-based platforms and business applications that power digital transformation and business. The Companyâs digital engagement practice focuses on creating meaningful interactions between businesses and their customers through all digital channels. It delivers tailored solutions in several key industry verticals: Tech, Media, and Telecom(TMT), Retail, Consumer Packaged Goods (CPG)/Manufacturing, and Finance. The Companyâs service delivery model involves using an efficient mix of on-site, off-site and offshore staffing.