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Freedom Holding Corp. raises US$300 million in a funding round to enhance its international expansion and investment program, led by its ongoing share offering.

PUBLIC · FRHCJul 13, 202626 days ago

Amount Raised

$300 Million

Round Type

Venture - Series Unknown

FairfaxFinancial ServicesFinanceBanking

Description

Freedom Holding Corp. announced the completion of its offering of ordinary shares, raising US$300 million. The funds will support the company’s expansion into international markets, particularly in Europe. Freedom aims to attract 50 million new clients in these regions

Company Information

Company

Freedom Holding Corp

Location

Fairfax, Virginia, United States

About

Freedom Holding Corp., a Nevada corporation, is a financial services holding company conducting retail securities brokerage, investment research, investment counseling, securities trading, investment banking and underwriting services, mortgages, insurance, and consumer banking through its subsidiaries, operating under the name Freedom Finance in Europe and Central Asia. Through its subsidiaries, Freedom Holding Corp. employs more than 2,900 people and is a professional participant in the Kazakhstan Stock Exchange, the Astana International Exchange, the Republican Stock Exchange of Tashkent, and the Uzbek Republican Currency Exchange and is a member of the New York Stock Exchange and the Nasdaq Stock Exchange. Freedom Holding Corp. is headquartered in Almaty, Kazakhstan, and has a presence through its subsidiaries in 15 countries, including among others Kazakhstan, Cyprus, Uzbekistan, Azerbaijan, and the United States. Freedom Holding Corp.'s common shares are registered with the United States Securities and Exchange Commission and are traded in the United States on the Nasdaq Capital Market, operated by Nasdaq, Inc. To learn more about Freedom Holding Corp., visit www.freedomholdingcorp.com.

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