Freedom Holding Corp Raises $300M in Stock Offering

By Ahmed Jamerson • Sunday, July 12 16:05 • Permanent Link

Freedom Holding Corp. said it completed an offering of 2,374,356 shares of common stock and raised nearly $300 million in gross proceeds.

The company did not disclose a prior period for the offering, so there is no direct period-over-period comparison in the release. The market has reacted to these announcements by moving the company's shares 3.42% to a price of $166.09. For more information, read the company's full 8-K submission here.

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