Articles from Freedom Holding Corp.

Freedom Holding Corp. (the “Company”) (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence in 22 countries, today announced the financial results for their fiscal year 2025. Highlights include the following:

Freedom Holding Corp. (the “Company”) (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence through its subsidiaries in 22 countries, today announced the financial results for their third quarter and first nine months of fiscal 2025. Highlights include the following:

This holiday season, New York City’s financial district will transform into a battleground for the world's greatest chess minds in the 2024 FIDE World Rapid & Blitz Chess Championship. The tournament, sponsored by Freedom Holding Corp. (NASDAQ: FRHC), will be held December 26-31 featuring fast-paced, high-stakes games and not the typical hours-long battles.

The 2024 FIDE World Rapid & Blitz Championships is taking the fusion of chess and finance to the next level with the introduction of Wall Street Gambit, a one-of-a-kind chess and finance conference that’ll be held on Sunday, December 29, at Cipriani 55 Wall Street.

One of the most popular and prestigious chess tournaments held by the International Chess Federation (FIDE), the World Rapid & Blitz, will be held in North America for the first time ever. The championship, attracting 300 of the best players from around the world, will take place in New York City’s financial district on December 26-31, 2024.

Freedom Holding Corp. (the “Company”) (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence through its subsidiaries in 22 countries, today announced the financial results for their second quarter and first six months of fiscal 2025. Highlights include the following:

Freedom Holding Corp. (the “Company”) (NASDAQ: FRHC), a multinational diversified financial services holding company with a presence through its subsidiaries in 22 countries, today announced the results for their first quarter ended June 30, 2024 of fiscal 2025. Highlights include:

Freedom Holding Corp. (the “Company”) (NASDAQ: FRHC), a multi-national diversified financial services holding company with a presence through its subsidiaries in 20 countries, today highlighted an S&P Global Ratings (“S&P”) report published on June 28, 2024.

Freedom Holding Corp. (NASDAQ: FRHC) (“Freedom”, or the "Company"), a multi-national diversified financial services holding company with a presence through its subsidiaries in 20 countries, today announced its financial results for the twelve months ended March 31, 2024, or fiscal 2024.

Freedom Holding Corp. (the “Company”) (NASDAQ: FRHC), a multi-national diversified financial services holding company with a presence through its subsidiaries in 19 countries, today announced the addition of new members to its board of directors and the creation of a chief legal officer position, effective May 28, 2024. Appointees include an employee director and two independent directors, all with a focus on supporting the continued enhancement of corporate governance, enterprise risk management and compliance.

Freedom Holding Corp. (NASDAQ: FRHC), a multi-national diversified financial services holding company, today announced its participation as a competitor and as the title sponsor of the landmark chess event, the 2024 FIDE World Corporate Chess Championship.

Freedom Holding Corp. (NASDAQ: FRHC) (the "Company"), a multi-national diversified financial services holding company, announced today that Timur Turlov, Chief Executive Officer and Founder, is scheduled to participate in two upcoming New York investor conferences in April.

Freedom Holding Corp. (NASDAQ: FRHC) (the "Company"), a diversified financial services holding company with operations in the Central Asia and Eastern Europe, Europe Excluding Eastern Europe, the United States, and the Middle East/Causaus, today announced the financial results for their third quarter and nine months ended December 31, 2023, of fiscal 2024. Highlights include the following:

Freedom Holding Corp. (the “Company”) (Nasdaq: FRHC) today announced the conclusion of an external review commissioned by the independent members of its board of directors. The external review was into wide-ranging allegations made about the Company and its business in an August 15, 2023 report published by Hindenburg Research (the “Hindenburg Report”), an activist short-selling firm which disclosed having a short position in the Company’s shares. Following the publication of the Hindenburg Report, although the Company believed the allegations were meritless and the independent directors have full confidence in the Company and its business model, the independent members of the Company’s board of directors decided that it was in the best interests of the Company and its shareholders to conduct an external review of the allegations set out in the Hindenburg Report.

Freedom Holding Corp. (hereinafter referred to as the “Company”) (Nasdaq: FRHC), a diversified multi-national financial services firm, announced today that on August 11, 2023, the Company received a letter (the “Non-Compliance Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Nasdaq Listing Rule”) as a result of its failure to have timely filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the “June 2023 10-Q”) with the Securities and Exchange Commission (“SEC”).

Freedom Holding Corp. (NASDAQ: FRHC), a diversified multi-national financial services firm, today announced that it has completed the acquisition of an 82% ownership interest in Kazakhstan company “Arbuz Group” Limited Liability Partnership (“Arbuz”) from a group of private investors. The acquisition took place in several stages starting in March 2023.

Freedom Holding Corp. (hereinafter referred to as the “Company”) (Nasdaq: FRHC), a diversified multi-national financial services firm, announced today that on June 15, 2023, the Company received a letter (the “Non-Compliance Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Nasdaq Listing Rule”) as a result of its failure to have timely filed its Annual Report on Form 10-K for the fiscal year ended March 31, 2023 (the “Fiscal 2023 10-K”) with the Securities and Exchange Commission (“SEC”).

Freedom Holding Corp. (Nasdaq: FRHC), a diversified multi-national financial services firm, has entered into an agreement to acquire the Aviata and Сhocotravel service platforms from Chocofamily Holding LLP, the company announced today. The acquisition, which is subject to certain conditions, is expected to close before the end of the year.

Freedom U.S. Markets, LLC, a wholly-owned subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), announced today that it has completed the acquisition of LD Micro from SRAX, Inc. (NASDAQ: SRAX). The total consideration of $8.3 million includes $4 million in cash and FRHC common stock valued at $4.3 million.

The previously announced sale of the Russian subsidiaries of Freedom Holding Corp. (Nasdaq: FRHC) has been approved by the Central Bank of the Russian Federation and the sale has been completed, the company announced today.

Freedom Holding Corp. (Nasdaq: FRHC), a diversified multi-national financial services firm, announced today that it has reached a definitive agreement to acquire Maxim Group LLC and its registered investment advisory affiliate Maxim Financial Advisors LLC (together “Maxim Group”), for a combination of cash and common stock. Including deferred payments and retention bonuses, the total consideration for the acquisition will be approximately $400 million (USD). Freedom continues its strategy of acquisitions following its 2020 purchase of Prime Executions, Inc., an institutional trading firm with operations on the floor of the New York Stock Exchange which was recently approved to conduct investment banking and equity capital market businesses under Freedom Capital Markets.

Freedom Holding Corp. (Nasdaq: FRHC) (the “Company”) today announced that it has entered into an agreement to sell its Russian subsidiary, Investment Company Freedom Finance LLC (“Freedom RU”), together with Freedom RU’s subsidiary FFIN Bank LLC (such companies together the “Russian Subsidiaries”). The transaction is subject to the approval of the Central Bank of the Russian Federation and is expected to close in the coming months.

In an 8-K filing today, Freedom Holding Corp. (Nasdaq: FRHC) announced that it had appointed the independent registered public accounting firm Deloitte LLP in Kazakhstan (“Deloitte”), a member of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, for the fiscal year ending March 31, 2023.

ALMATY, KAZAKHSTAN and STAMFORD CT / ACCESSWIRE / April 1, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) ("Freedom Holding") and MKM Holdings LLC ("MKM Holdings") today announced that they have mutually agreed to terminate the previously announced acquisition of MKM Partners LLC ("MKM Partners") by Freedom Holding from MKM Holdings due to business and market conditions arising from international geopolitical conditions. "We were excited about the

ALMATY, KAZAKHSTAN / ACCESSWIRE / March 17, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company," "we" or "our") today announced that S&P Global Ratings ("S&P") has lowered its long-term issuer credit ratings on Company subsidiaries Freedom Finance JSC, Bank Freedom Finance Kazakhstan, JSC, Freedom Finance Global, PLC, and Freedom Finance Europe Ltd. to "B-" from "B" and lowered the rating of Investment Company Freedom Finance, LLC

ALMATY, KAZAKHSTAN / ACCESSWIRE / February 28, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company") announced today that JSC Freedom Finance, a Company subsidiary, has received regulatory approval from the Board of the Agency of the Republic of Kazakhstan for the Regulation and Development of the Financial Market, to become an insurance holding company. The receipt of regulatory approval paves the way to complete the acquisitions of

ALMATY, KAZAKHSTAN / ACCESSWIRE / January 26, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company" or "Freedom"), an international financial services firm announced today that its wholly owned US subsidiary, Prime Executions, Inc. ("Prime Executions" or "Prime") has received Financial Industry Regulatory Authority, Inc. ("FINRA") approval for expansion into capital markets and investment banking activities in the US. Commenting on the

ALMATY, KAZAKHSTAN / ACCESSWIRE / January 20, 2022 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company") today announced its subsidiary JSC Freedom Finance has been recognized as the top investment bond bookrunner in Kazakhstan by Cbonds in its annual bookrunner league table rankings for 2021. Freedom Finance secured the top spot for all issues in terms of funds raised with KZT516 billion, which represented 35.76% of the total, and first in terms

ALMATY, KAZAKHSTAN / ACCESSWIRE / December 20, 2021 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company") today announced it has been named the 2021 Best Research House - Kazakhstan and 2021 Most Innovative Securities Brokerage Company - Kazakhstan by International Finance, the print and online publication of London-based International Finance Publications Limited. The International Finance Awards recognize industry talent, leadership skills, net

ALMATY, KAZAKHSTAN / ACCESSWIRE / December 8, 2021 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company") announced plans to expand its service offerings in the Kazakhstan region through the acquisitions of several companies over the next several months, as governmental regulatory approvals are received. Timur Turlov, Company CEO, stated, "These acquisitions mark important steps in our regional strategy to implement online solutions for a wide

ALMATY, KAZAKHSTAN and STAMFORD, CT / ACCESSWIRE / December 3, 2021 / Freedom Holding Corp. (NASDAQ:FRHC) ("Freedom") has entered an agreement to acquire MKM Partners, LLC ("MKM Partners"), it was announced today by Timur Turlov, Freedom CEO and Steven L. Messina, MKM Partners Co-CEO. Under the terms of the agreement, Freedom will acquire all the member interest of MKM Partners for cash and Freedom common stock. Completion of the transaction is

ALMATY, KAZAKHSTAN / ACCESSWIRE / June 25, 2021 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company") today announced that S&P Global Ratings (S&P) raised its long-term issuer credit ratings on Company subsidiaries JSC Freedom Finance, a Kazakhstan corporation, and LLC Investment Company Freedom Finance, a Russian limited liability company, to 'B' from 'B-' accompanied by stable outlooks. At the same time, S&P affirmed its 'B'

ALMATY, KZ / ACCESSWIRE / May 28, 2021 / Freedom Holding Corp. (NASDAQ:FRHC) (the "Company") today announced the initiation of coverage by the prominent Wall Street research firm Sidoti & Company, LLC. ("Sidoti") The Company's research by Sidoti is part of the Sidoti Company Sponsored Research. Company President, Askar Tashtitov, stated, "We undertook to participate in Sidoti's Company Sponsored Research