Corporate ActionJul 10, 2026, 04:17 PM
Freedom Holding Corp. Raises Nearly $300M in Stock Offering
AI Summary
Freedom Holding Corp. announced the completion of an offering and sale of 2,374,356 shares of its common stock. The offering, conducted under Regulation S, successfully raised nearly US$300 million from non-U.S. persons in offshore transactions. The company will pay a 1% fee to its affiliate placement agent, capped at US$3 million, with no other underwriting discounts.
Key Highlights
- Freedom Holding Corp. completed an offering of 2,374,356 shares of common stock.
- The offering raised an aggregate price of nearly US$300 million.
- The shares were sold pursuant to Regulation S to non-U.S. persons in offshore transactions.
- No underwriting discounts or commissions were paid by the Company.
- An aggregate fee of 1% of the offering price, not exceeding US$3,000,000, will be paid to affiliate placement agent Freedom Finance Global PLC.
- The securities were not registered under the Securities Act and cannot be offered or sold in the U.S. to U.S. persons.
Price Impact
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