Freedom Holding Corp.

S&P Global Ratings upgraded the ratings of several Freedom Holding Corp. subsidiaries, including Freedom Finance JSC and Freedom Bank Kazakhstan JSC, to "BB-" with stable outlooks, citing positive momentum in risk management. The company also reported record financial results for fiscal year 2026, with revenue reaching $2.19 billion and net income doubling to $153.3 million. Freedom Holding Corp. significantly expanded its client base across all segments, exceeding 14 million users in its digital ecosystem, and announced aggressive international expansion plans including investments in France and Turkey and the acquisition of 99.32% of Turkish Bank.

Freedom Holding Corp. announced the launch of an offering of its common stock, aiming to raise up to US$300 million. The offering price per share has been set at US$126.35, with bookbuilding scheduled to begin in the week of June 15, 2026. This offering will be conducted outside the United States in reliance on Regulation S of the Securities Act.

Freedom Holding Corp. announced record financial results for fiscal year 2026, with net income more than doubling to $153.3 million and total revenue reaching $2.19 billion. The company demonstrated strong growth across its diversified business model, significantly expanding its customer base in brokerage and banking segments. Strategic initiatives included international expansion, the acquisition of Turkish Bank A.S., and plans for a $2 billion investment in NVIDIA AI infrastructure in Kazakhstan.

Freedom Holding Corp. (FRHC), an international financial technology group, announced it is considering an offering of its common stock specifically in Kazakhstan. This potential offering, if the company decides to proceed, would be conducted outside the United States in reliance on Regulation S under the Securities Act of 1933. While no specific terms, size, or timeline for the offering were disclosed, such a move could potentially raise capital for the company, impacting its capital structure and supporting its strategic initiatives within the region. Investors will be watching for further updates on whether the company moves forward with this potential equity raise.