Grid Dynamics Holdings Files 8-K on Security Holder Vote

TL;DR

GDYN filed an 8-K for a shareholder vote - details TBD.

AI Summary

Grid Dynamics Holdings, Inc. filed an 8-K on December 23, 2024, to report on the submission of matters to a vote of security holders. The filing does not contain specific details about the matters voted upon or any financial figures.

Why It Matters

This filing indicates a formal process where shareholders are being asked to vote on specific company matters, which could impact corporate governance or strategic decisions.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose new financial risks or significant operational changes.

Key Players & Entities

• GRID DYNAMICS HOLDINGS, INC. (company) — Registrant
• December 23, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 001-38685 (identifier) — Commission File Number
• 83-0632724 (identifier) — I.R.S. Employer Identification No.
• 5000 Executive Parkway, Suite 520 San Ramon, CA 94583 (address) — Address of principal executive offices
• (650) 523-5000 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.0001 — ich registered Common Stock, par value $0.0001 per share GDYN The NASDAQ Stock Marke

Filing Documents

• g81208078.htm (8-K) — 31KB
• 0000899140-24-001376.txt ( ) — 32KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. The 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Grid Dynamics Holdings, Inc. (the "Company") was held on December 23, 2024. Present at the Annual Meeting in person or by proxy were holders of 70,662,912 shares of the Company's common stock, representing 91.98% of the voting power of the shares of the Company's common stock outstanding as of October 28, 2024, the record date for the Annual Meeting, and constituting a quorum for the transaction of business. The matters that were voted upon at the Annual Meeting, and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each such matter, where applicable, are set forth below. Proposal 1: Election of Three Class II Directors to Serve Until the 2027 Annual Meeting of Stockholders: The Company's stockholders elected the Company's nominees for Class II directors to serve on the Company's board of directors until the Company's 2027 annual meeting of stockholders. Votes For Votes Withheld Broker Non-Votes Lloyd Carney 48,533,065 18,659,154 3,470,693 Michael Southworth 64,027,594 3,164,625 3,470,693 Yueou Wang 61,267,203 5,925,016 3,470,693 Proposal 2: Ratification of the Appointment of Grant Thornton LLP as the Company's Independent Registered Public Accounting Firm for the Fiscal Year Ending December 31, 2024: The Company's stockholders ratified the appointment of Grant Thornton LLP as the Company's independent registered accounting firm for the fiscal year ending December 31, 2024. Votes For Votes Against Abstentions Broker Non-Votes 70,541,443 8,139 113,330 - Proposal 3: Advisory Approval of Named Executive Officer Compensation: The Company's stockholders approved, on an advisory basis, the compensation of the Company's named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 65,709,170 1,365,246 117,803 3,470,693 SIGN

View Full Filing

View this 8-K filing on SEC EDGAR