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 23, 2024
GRID DYNAMICS HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
|
Delaware
|
|
001-38685
|
|
83-0632724
|
|
(State or other jurisdiction
|
|
(Commission
|
|
(I.R.S. Employer
|
|
of incorporation)
|
|
File Number)
|
|
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.
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
|
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 23, 2024
|
|
GRID DYNAMICS HOLDINGS, INC.
|
|
|
|
|
|
|
By:
|
/s/ Anil Doradla
|
|
|
Name:
|
Anil Doradla
|
|
|
Title:
|
Chief Financial Officer
|
