US-based subsidiary of Freedom Holding Corp. enters capital markets

27.01.22 13:54
/KASE, January 27, 2022/ – Freedom Holding Corp. (USA), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated January 26, 2022: quote Prime Executions, Inc. received approval from the American regulator FINRA to carry out activities in the capital markets, as well as to operate in the field of investment banking. Timur Turlov, Chief Executive Officer of Freedom Holding Corp.: It is a great honor and responsibility for us to receive the right to act as direct organizers of US IPOs from the US regulator. This set of FINRA permits is held by a small number of companies in the entire market and we are confident that these capabilities will help us take our business to a new level. Robert Wotczak, President and CEO, Prime Executions Inc.: FINRA's approval allows us to undertake underwriting, syndicate and group securities transactions, and provide value-added services, including mergers and acquisitions advice. Thanks to the support, resources and scale of the Holding, we plan to actively promote these services on the market and increase the operational base of Prime Executions in the United States. unquote The complete press release is available on KASE website – https://kase.kz/files/emitters/US_FRHC/us_frhc_relizs_260122.pdf [2022-01-27]