<SEC-DOCUMENT>0001950047-23-005183.txt : 20231117
<SEC-HEADER>0001950047-23-005183.hdr.sgml : 20231117
<ACCEPTANCE-DATETIME>20231117171936
ACCESSION NUMBER:		0001950047-23-005183
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20231117
DATE AS OF CHANGE:		20231117

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRID DYNAMICS HOLDINGS, INC.
		CENTRAL INDEX KEY:			0001743725
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				830632724
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-38685
		FILM NUMBER:		231420013

	BUSINESS ADDRESS:	
		STREET 1:		7660 FAY AVENUE
		STREET 2:		SUITE H, UNIT 339
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037
		BUSINESS PHONE:		(619) 736-6855

	MAIL ADDRESS:	
		STREET 1:		7660 FAY AVENUE
		STREET 2:		SUITE H, UNIT 339
		CITY:			LA JOLLA
		STATE:			CA
		ZIP:			92037

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ChaSerg Technology Acquisition Corp
		DATE OF NAME CHANGE:	20180615

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BGV Opportunity Fund, LP
		CENTRAL INDEX KEY:			0001747063
		IRS NUMBER:				831095556
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		540 COWPER STREET
		STREET 2:		SUITE 200
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301
		BUSINESS PHONE:		650-324-3680

	MAIL ADDRESS:	
		STREET 1:		540 COWPER STREET
		STREET 2:		SUITE 200
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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    <headerData>
        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001747063</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
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            <liveTestFlag>LIVE</liveTestFlag>



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    <formData>
        <issuerInfo>
            <issuerCik>0001743725</issuerCik>
            <issuerName>GRID DYNAMICS HOLDINGS INC</issuerName>
            <secFileNumber>001-38685</secFileNumber>
            <issuerAddress>
                <ns2:street1>5000 Executive Parkway, Suite 520</ns2:street1>
                <ns2:city>San Ramon</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>94583</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>6197366855</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>BGV OPPORTUNITY FUND, L.P.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>38th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>47692</noOfUnitsSold>
            <aggregateMarketValue>581389.33</aggregateMarketValue>
            <noOfUnitsOutstanding>75589953</noOfUnitsOutstanding>
            <approxSaleDate>11/17/2023</approxSaleDate>
            <securitiesExchangeName>NASD</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>03/05/2020</acquiredDate>
            <natureOfAcquisitionTransaction>Private Acquisition from Issuer/Affiliate</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>47692</amountOfSecuritiesAcquired>
            <paymentDate>05/15/2019</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BGV OPPORTUNITY FUND, L.P.</name>
                <address>
                    <ns2:street1>5000 Executive Parkway, Suite 520</ns2:street1>
                    <ns2:city>San Ramon</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94583</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/16/2023</saleDate>
            <amountOfSecuritiesSold>57889</amountOfSecuritiesSold>
            <grossProceeds>703351.35</grossProceeds>
        </securitiesSoldInPast3Months>
        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>BGV OPPORTUNITY FUND, L.P.</name>
                <address>
                    <ns2:street1>5000 Executive Parkway, Suite 520</ns2:street1>
                    <ns2:city>San Ramon</ns2:city>
                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94583</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>11/15/2023</saleDate>
            <amountOfSecuritiesSold>7800</amountOfSecuritiesSold>
            <grossProceeds>95232.54</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>11/17/2023</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Eric Benhamou</signature>
        </noticeSignature>
    </formData>
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