Successfully merged with Grid Dynamics International, Inc. • Now trading as GDYN
SPAC Overview
$200M
IPO Size
$0.7K
Trust (as of 2019-12-31)
Completed
Current Status
2018
IPO Year
Timeline Progress
- Registration2018-06-15 Filed S1
- IPO2018-10-05 IPO, search begins
- Definitive Agreement2019-11-13 Agreement for merger
- Completed2020-03-05 Merger Completed
About
ChaSerg Technology Acquisition Corp. is a blank-check company seeking an initial business combination with a technology company, with a stated preferred valuation range of $500 million to $1 billion. It has not selected a target.
Investment Focus
Technology
The terms and the filing trail behind ChaSerg Technology Acquisition Corp
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Lloyd Carney
Chairman of the Board of Directors, Chief Executive Officer, Director
Leonard Livschitz
Chief Executive Officer, Director
Eric Albert Benhamou
Chief Financial Officer, Director, President
Stan Klimoff
Vice President of Corporate Development
Vadim Kozyrkov
Senior Vice President of Engineering
Victoria Livschitz
Executive Vice President of Customer Success
Yury Gryzlov
Chief Operating Officer, Senior Vice President of Operations
Anil Kumar Doradla
Chief Financial Officer
Max Martynov
Chief Technology Officer
Marina Levinson
Director
Michael Christopher Southworth
Director
Shuo Zhang
Director
Weihang Wang
Director
Yueou Wang
Director
Clark N. Callander
Director, Director Nominee
Irwin Federman
Director, Director Nominee
William Zerella
Director, Director Nominee
Employees Hired From 2006 To 2010
Beneficial owner
Employees Hired From 2013 To 2016
Beneficial owner
Underwriters
Extended Team Information
Lloyd Carney and Eric Benhamou have extensive experience leading technology companies, including executive roles at companies such as Brocade, 3Com and Palm. Its board nominees bring technology investment, venture capital, M&A and public-company finance experience.
Stock Performance
GDYN
Trading Symbol
First Trade
October 30, 2018
$9.50
At Merger
March 11, 2020
$9.08
-4%
6 Months Post-Merger
September 10, 2020
$7.45
-18%
1 Year Post-Merger
March 8, 2021
$14.43
+59%
2 Years Post-Merger
March 8, 2022
$10.52
+16%
Current Price
October 1, 2026
$8.38
-12%
Key Information
IPO Date
October 5, 2018
Total Redemptions
$500K
State of Incorporation
DE
SIC
6770
Completion Date
March 5, 2020
Merger Target
Grid Dynamics International, Inc.
SPAC Ticker
CTAC
Merged Ticker
GDYN