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

From the Filing

0001213900-24-079080.txt : 20240916 0001213900-24-079080.hdr.sgml : 20240916 20240916190254 ACCESSION NUMBER: 0001213900-24-079080 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240916 DATE AS OF CHANGE: 20240916 GROUP MEMBERS: AUTOMATED SYSTEMS HOLDINGS LTD GROUP MEMBERS: BEIJING TEAMSUN TECHNOLOGY CO., LTD. GROUP MEMBERS: GDB INTERNATIONAL INVESTMENT LTD GROUP MEMBERS: TEAMSUN TECHNOLOGY (HK) LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: GRID DYNAMICS HOLDINGS, INC. CENTRAL INDEX KEY: 0001743725 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 830632724 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90675 FILM NUMBER: 241302195 BUSINESS ADDRESS: STREET 1: 7660 FAY AVENUE STREET 2: SUITE H, UNIT 339 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: (619) 736-6855 MAIL ADDRESS: STREET 1: 7660 FAY AVENUE STREET 2: SUITE H, UNIT 339 CITY: LA JOLLA STATE: CA ZIP: 92037 FORMER COMPANY: FORMER CONFORMED NAME: ChaSerg Technology Acquisition Corp DATE OF NAME CHANGE: 20180615 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GDD International Holding Co CENTRAL INDEX KEY: 0001806223 ORGANIZATION NAME: IRS NUMBER: 364857527 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 15/F, TOPSAIL PLAZA STREET 2: 11 ON SUM STREET CITY: SHATIN STATE: K3 ZIP: 00000 BUSINESS PHONE: (312) 207-3863 MAIL ADDRESS: STREET 1: 15/F, TOPSAIL PLAZA STREET 2: 11 ON SUM STREET CITY: SHATIN STATE: K3 ZIP: 00000 SC 13D/A 1 ea021455602-13da1gddint_grid.htm AMENDMENT NO. 1 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 ( Amendment No. 1 )* Grid Dynamics Holdings, Inc. (Name of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securities) 39813G109 (CUSIP Number) Wang Yueou Director GDD International Holding Company 15/F, Topsail Plaza 11 On Sum Street Shatin Hong Kong (852) 2608 3603 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) July 6, 2021 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 1(f) or 1(g), check the following box. ☐ Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13D CUSIP No. 39813G109 1. Names of Reporting Persons. GDD International Holding Company 2. Check the Appropriate Box if a Member of a Group (See Instructions). (a) ☐ (b) ☐ 3. SEC Use Only 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐ 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 0 8. Shared Voting Power 13,889,183 9. Sole Dispositive Power 0 10. Shared Dispositive Power 13,889,183 11. Aggregate Amount Beneficially Owned by Each Reporting Person 13