GRID DYNAMICS HOLDINGS, INC. current report, 19 December 2019

Filing Overview

Registrant: Chaserg Technology Acquisition Corp., not Grid Dynamics Holdings, Inc. The Form 8-K was filed December 20, 2019, reporting events from December 19, 2019. The filing concerns the company’s 2019 annual meeting of stockholders.

Business Context and Reporting Period

The registrant is a special purpose acquisition company with securities listed on Nasdaq under the symbols CTAC, CTACW, and CTACU. The filing covers corporate governance matters and auditor ratification; it is not a periodic financial report.

Key Financial Metrics and Liquidity

The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, balance sheet, or other operating financial metrics.

Material Changes and Meeting Results

  • Clark N. Callander was re-elected as a Class I director, serving until the 2022 annual meeting or until a successor is elected and qualified.
  • Director vote: 13,153,566 for and 3,325,119 withheld.
  • Stockholders ratified WithumSmith+Brown, PC as the independent registered public accounting firm for the year ending December 31, 2019.
  • Auditor ratification vote: 16,478,685 for, with zero against and zero abstentions.

Guidance, Outlook, Risks, and Unusual Items

No financial guidance, operating outlook, material contingencies, risk updates, or unusual financial items are disclosed. The principal item is the confirmation of the board director and independent auditor.

Investor Verification Items

  • Verify the apparent mismatch between the requested company, Grid Dynamics Holdings, Inc., and the filing registrant, Chaserg Technology Acquisition Corp.
  • Confirm the director’s election term and the final voting totals.
  • Confirm WithumSmith+Brown, PC’s appointment for the year ending December 31, 2019.
  • Review subsequent filings for any business combination, sponsor activity, or changes in the registrant’s corporate identity.