Ortoli Rosenstadt LLP Represents The Selling Shareholder In $151 Million Public Offering By Grid Dynamics Holidngs Inc. And Its Shareholders

New York, NY – July 9, 2021 – Ortoli Rosenstadt LLP, a New York full-service international law firm, is pleased to announce that it represented selling shareholder GDD International Holding Company (“GDD International”) in connection with a public offering by Grid Dyanmics Holdings Inc., an emerging leader in enterprise-level digital transformations whose shares are listed on the Nasdaq under the symbol “GDYN”. The $68 million resale by GDD International took place at $15.03 per share pursuant to a firm commitment underwritten offering of $151 million with J.P. Morgan Securities LLC, William Blair & Company, L.L.C., and Cowen and Company, LLC acting as joint book-running managers.

The Ortoli Rosenstadt LLP team included Partners William Rosenstadt and Jason Ye, Counsel Tim Dockery, and Associate Shawn Chen.