Freedom Holding Corp. Announces Completion of US$300 Million Ordinary Share Offering

Freedom Holding Corp. (Nasdaq: FRHC), an international financial technology group, today announced that aggregate gross proceeds from its offering of ordinary shares were US$300 million. In the offering, the company sold 2,374,356 ordinary shares, at a price of approximately US$126.35 per share. Freedom Holding Corp. plans to use the proceeds to support its continued expansion and international investment program. “The proceeds from this offering will support the development of our ecosystem in international markets,” said Timur Turlov, founder and chief executive officer of Freedom Holding Corp. “I believe the ecosystem our team has built in Kazakhstan can be competitive not only in these markets, but also in the United States, where we intend to introduce it in due course,” he added. Freedom is developing a unified digital ecosystem that brings together banking, brokerage, insurance, and lifestyle services. At the core of this model is the Freedom SuperApp, which provides access to financial products, payments, insurance, investments, ticketing, travel, and e-commerce services. International Expansion International growth is a key element of Freedom’s strategy. The company plans to develop digital financial services in Europe by drawing on its experience in building an integrated financial ecosystem in Kazakhstan. Earlier in June 2026, Freedom Holding Corp. applied for a banking license in France. The company has also stated that it aims to attract 50 million new clients in Europe. Freedom Finansal Hizmetler A.Ş., a subsidiary of Freedom, recently received approval from Türkiye’s Banking Regulation and Supervision Agency to acquire a 99.32% stake in Turkish Bank A.Ş.