What Happened to Grid Dynamics Holdings?
Ticker: GDYNSPAC Year: 2018Merger: 2020
Return
-39.7%
Current Price
$6.03
Peak Price
$42.81
Trust Size
$613M
Summary
Grid Dynamics is a digital transformation services company that helps Fortune 1000 enterprises modernize their technology platforms through cloud migration, AI/ML, and data engineering.
What Happened
Grid Dynamics went public in March 2020 through a merger with ChaSerg Technology Acquisition Corp. The San Ramon, California-based company provides enterprise-level digital transformation consulting and engineering services to major retailers, financial institutions, and technology companies. Grid Dynamics has grown steadily and maintained profitability, making it one of the quieter SPAC success stories.
Timeline
2018-09-18
S-1 Registration Filed
2020-02-10
Merger Proxy Filed (DEFM14A)