GDD International Holding Co. Amends Grid Dynamics Holdings Stake

TL;DR

GDD Intl Holding Co. filed an amendment for Grid Dynamics (GDYN) - ownership details updated.

AI Summary

GDD International Holding Co. filed an amendment (No. 1) to its Schedule 13D on September 16, 2024, regarding its holdings in Grid Dynamics Holdings, Inc. The filing indicates a change in the reporting person, with GDD International Holding Co. now listed as the filer, previously known as ChaSerg Technology Acquisition Corp. The specific details of the holdings and any changes in ownership percentage are not detailed in this excerpt.

Why It Matters

This amendment signals a potential shift in the ownership structure or reporting strategy for Grid Dynamics Holdings, Inc., which could influence investor perception and trading activity.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings can indicate significant changes in beneficial ownership, which may impact the stock price.

Key Players & Entities

• GDD International Holding Co (company) — Reporting Person
• Grid Dynamics Holdings, Inc. (company) — Subject Company
• ChaSerg Technology Acquisition Corp (company) — Former Company Name
• 20240916 (date) — Filing Date

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti
• $15.03 — of Common Stock to the Underwriters for $15.03 per share (before underwriting discount
• $10.19 — Parent Stock Signing Price” (i.e. $10.19), and to deposit such shares with the &
• $12.80 — 87 shares of Common Stock were sold for $12.80 per share. The descriptions of the Un

Filing Documents

• ea021455602-13da1gddint_grid.htm (SC 13D/A) — 175KB
• 0001213900-24-079080.txt ( ) — 177KB

Underwriting

Underwriting Agreement, dated June 30, 2021 (incorporated by reference to Exhibit 1.1 to the Form 8-K filed by the Issuer with the SEC on July 2, 2021). Exhibit 4 Agreement and Plan of Merger, dated November 13, 2019 (incorporated by reference to Exhibit 2.1 to the Form 8-K filed by the Issuer with the SEC on November 13, 2019). - 10 -

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: September 16, 2024 GDD INTERNATIONAL HOLDING COMPANY By: /s/ Wang Yueou Name: Wang Yueou Title: Director GDB INTERNATIONAL INVESTMENT LIMITED By: /s/ Wang Yueou Name: Wang Yueou Title: Director AUTOMATED SYSTEMS HOLDINGS LIMITED By: /s/ Wang Yueou Name: Wang Yueou Title: Director TEAMSUN TECHNOLOGY (HK) LIMITED By: /s/ Wang Weihang Name: Wang Weihang Title: Director BEIJING TEAMSUN TECHNOLOGY CO., LTD. By: /s/ Wang Weihang Name: Wang Weihang Title: Director - 11 - Schedule A Schedule A of the Schedule 13D is hereby amended and restated in its entirety as follows: Directors and Executive Officers of each Reporting Person, Persons Controlling any Reporting Person and Directors and Executive Officers of Persons Ultimately in Control of any Reporting Person GDD INTERNATIONAL HOLDING COMPANY Name and Title(s)

Business

Principal Occupation and Employment Citizenship/Place of Organization Number of Shares of Issuer Beneficially Owned Wang Yueou (Director) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director Hong Kong None GDD International Holding Company is a wholly-owned subsidiary of GDB International Investment Limited. GDB INTERNATIONAL INVESTMENT LIMITED Name and Title(s)

Business

Principal Occupation and Employment Citizenship/Place of Organization Number of Shares of Issuer Beneficially Owned Wang Yueou (Director) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director Hong Kong None GDB International Investment Limited is a wholly-owned subsidiary of Automated Systems Holdings Limited. AUTOMATED SYSTEMS HOLDINGS LIMITED Name and Title(s)

Business

Principal Occupation and Employment Citizenship Number of Shares of Issuer Beneficially Owned Wang Weihang (Chairman) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director People’s Republic of China None Wang Yueou (Chief Executive Officer) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director Hong Kong None Zhang Bingxia (Non-Executive Director) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director People’s Republic of China None Pan Xinrong (Independent Non-Executive Director) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director People’s Republic of China None Deng Jianxin (Independent Non-Executive Director) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director People’s Republic of China None Or Siu Ching Rerina (Independent Non-Executive Director) 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director Hong Kong None Automated Systems Holdings Limited is a subsidiary controlled by Teamsun Technology (HK) Limited. - 12 - TEAMSUN TECHNOLOGY (HK) LIMITED Name and Title(s)

Business

Principal Occupation and Employment Citizenship/Place of Organization Number of Shares of Issuer Beneficially Owned Wang Weihang 15/F, Topsail Plaza, 11 On Sum Street, Shatin, Hong Kong Director People’s Republic of China None Teamsun Technology (HK) Limited is a wholly-owned subsidiary of Beijing Teamsun Technology Co., Ltd. BEIJING TEAMSUN TECHNOLOGY CO., LTD. Name and Title(s)

Business

Principal Occupation and Employment Citizenship/Place of Organization Number of Shares of Issuer Beneficially Owned Wang Weihang (Non-Independent Director and Chairman) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Wang Xuechun (Independent Director) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Shen Longzhe (Non-Independent Director) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Lian Xu (Non-Independent Director) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Liu Songjian (Non-Independent Director) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Dai Shuangzhu (Non-Independent Director and Vice President) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Cui Chen (Non-Independent Director) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Su Zhongxing (Independent Director) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None Tan Mingzhou (Independent Director) Room 501, 5/F., No. 23 Building, 10 East Block XiBeiWang East Road, HaiDian District, Beijing, China Director People’s Republic of China None - 13 -

View Full Filing

View this SC 13D/A filing on SEC EDGAR