/KASE, February 17, 2023/ – Freedom Holding Corp. (USA), whose shares are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release dated February 16, 2023:
quote
Freedom Holding Corp. expands its presence in the US market and acquires
Maxim Group LLC along with its subsidiary Maxim Financial Advisors LLC. The
company carries out investment banking, brokerage and analytical activities.
Maxim Group LLC will be acquired for cash and common stocks. The approximate
cost will be $400 million. This transaction will strengthen the international
expansion of the holding, which began with the purchase of the American company
Prime Executions Inc. in December 2020.
unquote
The full version of the press release is available on –
https://kase.kz/files/emitters/FRHC_KZ/frhc_kz_relizs_160223.pdf
[2023-02-17]