UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 20, 2021
GRID DYNAMICS HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | | 001-38685 | | 83-0632724 |
(State or other jurisdiction
of incorporation) |
| (Commission File Number) |
| (I.R.S. Employer
Identification No.) |
5000 Executive Parkway, Suite 520
San Ramon, CA 94583
(Address of principal executive offices)
Registrant’s telephone number, including area code: (650) 523-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which
registered |
| Common Stock, par value $0.0001 per share | | GDYN | | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.07. Submission of Matters to a Vote of Security Holders.
(a) The 2021 Annual Meeting of Stockholders (the “Annual Meeting”) of Grid Dynamics Holdings, Inc. (the “Company”) was held on December 20, 2021. Present at the Annual Meeting in person or by proxy were holders of 61,667,307 shares of the Company’s common stock, representing 94.51% of the voting power of the shares of the Company’s common stock as of October 28, 2021, 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.
(b) At the Annual Meeting, the Company’s stockholders (i) elected the Company’s nominees for Class II directors and (ii) ratified the appointment of Grant Thornton LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2021.
Proposal 1: Election of three Class II directors to serve until the 2024 Annual Meeting of Stockholders:
| | | Votes For | | | Votes Withheld | | | Broker
Non-Votes | |
| Lloyd Carney | | | 39,757,295 | | | | 16,925,783 | | | | 4,984,229 | |
| Yueou Wang | | | 52,698,554 | | | | 3,984,524 | | | | 4,984,229 | |
| Michael Southworth | | | 55,806,544 | | | | 876,534 | | | | 4,984,229 | |
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, 2021:
| Votes For | | | Votes Against | | | Abstentions | | | Broker Non-Votes | |
| | 61,564,129 | | | | 822 | | | | 102,356 | | | | 0 | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: December 22, 2021 | GRID DYNAMICS HOLDINGS, INC. |
| | | |
| | By: | /s/ Anil Doradla |
| | Name: | Anil Doradla |
| | Title: | Chief Financial Officer |
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