5 unchanged sentences
In accordance with guidance issued by the Securities and Exchange Commission, companies are permitted to exclude acquisitions from their final assessment of internal control over financial reporting for the first fiscal year in which the acquisition occurred.
−Removed: We have excluded Tacit Knowledge Inc.
−Removed: (“Tacit”) from our evaluation of the internal control over financial reporting.
−Removed: Tacit constituted 5.2% of total assets as of December 31, 2021 and 7.9% of total revenues for the year ended December 31, 2021.
+Added: We have excluded Mutual Mobile Inc.
+Added: (“Mutual Mobile”) from our evaluation of the internal control over financial reporting.
+Added: Mutual Mobile constituted 1.3% of total assets as of December 31, 2022 and 0.1% of total revenues for the year ended December 31, 2022.
Based on the results of this evaluation, our management concluded that our internal control over financial reporting was effective at the end of fiscal 2022.
+Added: The effectiveness of our internal control over financial reporting as of December 31, 2022 has been audited by Grant Thornton LLP, an independent registered public accounting firm, as stated in their report included herein.
Evaluation of Disclosure Controls and Procedures
45 unchanged sentences
8-K 001-38685 4.1 March 9, 2020
−Removed: 4.2* Description of Securitie s.
+Added: 4.2 Description of Securities.
+Added: 10-K 001-38685 4.2 March 3, 2022
10.1+ Grid Dynamics International, Inc.
22 unchanged sentences
8-K 001-38685 10.8 March 9, 2020
+Added: 10.9.2+ Amendments to Employment Agreement between the Registrant and Leonard Livschitz.
+Added: 10-Q 001-38685 10.1 August 4, 2022
10.10+ Employment Agreement between the Registrant and Anil Doradla.
8-K 001-38685 10.9 March 9, 2020
−Removed: 10.11+ Employment Agreement between the Registrant and Victoria Livschitz.
−Removed: 8-K 001-38685 10.10 March 9, 2020
−Removed: 10.12+ Employment Agreement between the Registrant and Yury Gryzlov.
−Removed: 8-K 001-38685 10.12 March 9, 2020
+Added: 10.11+ Executive Employment Agreement between the Registrant and Yury Gryzlov.
+Added: 10-Q 001-38685 10.2 August 4, 2022
10.12+ Employment Agreement between the Registrant and Stan Klimoff.
8 unchanged sentences
10-Q 001-38685 10.18 May 11, 2020
−Removed: 10.18*+ Consulting Agreement, dated as of June 15, 2021, between the Registrant and Livschitz Family Enterprises, LLC , as amended.
−Removed: 16.1 Letter from WithumSmith+Brown, PC regarding Change in Independent Registered Public Accounting Firm dated March 17, 2020.
+Added: 10.17 Credit Agreement, dated as of March 15, 2022, by and among Grid Dynamics Holdings, Inc., as borrower, the guarantors party thereto from time to time, the lenders party thereto from time to time, and JPMorgan Chase Bank, N.A., as administrative agent for such lenders.
8-K 001-38685 10.1 March 17, 2022
−Removed: 21.1* List of subsidiaries of the Registran t .
+Added: 21.1* List of subsidiaries of the Registrant.
23.1* Consent of Independent Registered Public Accounting Firm (Grant Thornton LLP).
19 unchanged sentences
GRID DYNAMICS HOLDINGS, INC.
−Removed: March 3, 2022 By:
+Added: February 28, 2023 By:
/s/ Leonard Livschitz
6 unchanged sentences
Signature Title Date
−Removed: /s/ Leonard Livschitz Chief Executive Officer and Director March 3, 2022
+Added: /s/ Leonard Livschitz Chief Executive Officer and Director February 28, 2023
Leonard Livschitz ( Principal Executive Officer )
−Removed: /s/ Anil Doradla Chief Financial Officer March 3, 2022
+Added: /s/ Anil Doradla Chief Financial Officer February 28, 2023
Anil Doradla ( Principal Financial and Accounting Officer )
−Removed: /s/ Lloyd Carney Chairman of the Board and Director March 3, 2022
−Removed: /s/ Eric Benhamou Director March 3, 2022
+Added: /s/ Lloyd Carney Chairman of the Board and Director February 28, 2023
+Added: /s/ Eric Benhamou Director February 28, 2023
Eric Benhamou
−Removed: /s/ Marina Levinson Director March 3, 2022
+Added: /s/ Marina Levinson Director February 28, 2023
Marina Levinson
−Removed: /s/ Michael Southworth Director March 3, 2022
+Added: /s/ Michael Southworth Director February 28, 2023
Michael Southworth
−Removed: Director March 3, 2022
−Removed: /s/ Yueou Wang Director March 3, 2022
−Removed: /s/ Shuo Zhang Director March 3, 2022
−Removed: /s/ Patrick Nicolet Director March 3, 2022
+Added: /s/ Weihang Wang Director February 28, 2023
+Added: /s/ Yueou Wang Director February 28, 2023
+Added: /s/ Shuo Zhang Director February 28, 2023
+Added: /s/ Patrick Nicolet Director February 28, 2023
Patrick Nicolet
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.