Freedom Holding Corp. Files 8-K on Financial Condition
Ticker: FRHC · Form: 8-K · Filed: 2024-02-13T00:00:00.000Z
Sentiment: neutral
Topics: financial-condition, 8-K, results-of-operations
TL;DR
**FRHC just dropped an 8-K with new financial info, get ready for potential market moves.**
AI Summary
Freedom Holding Corp. (FRHC) filed an 8-K on February 13, 2024, reporting an event that occurred on February 12, 2024, related to 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits'. This filing indicates that the company is providing updated financial information, which is crucial for investors to understand its current performance and make informed decisions about buying, holding, or selling FRHC stock.
Why It Matters
This filing signals that new financial information is available, which can directly impact investor perception and the stock price of Freedom Holding Corp. (FRHC).
Risk Assessment
Risk Level: medium — The filing itself doesn't detail the financial results, so the actual impact on risk depends on the content of the 'Results of Operations and Financial Condition' which is not yet disclosed in this summary.
Analyst Insight
A smart investor would monitor for the actual financial statements and results that this 8-K foreshadows, as those details will determine the true impact on Freedom Holding Corp.'s valuation.
Key Numbers
- $0.001 — par value per share (par value of Freedom Holding Corp.'s Common Stock)
Key Players & Entities
- Freedom Holding Corp. (company) — the registrant filing the 8-K
- FRHC (company) — trading symbol for Freedom Holding Corp.
- February 12, 2024 (date) — date of the earliest event reported
- February 13, 2024 (date) — date the 8-K was filed
- The Nasdaq Capital Market (company) — exchange where FRHC Common Stock is registered
Forward-Looking Statements
- Freedom Holding Corp. will release detailed financial results soon. (Freedom Holding Corp.) — high confidence, target: 2024-03-15
- FRHC stock price will react to the upcoming financial results. (FRHC) — medium confidence, target: 2024-03-15
FAQ
What is the primary purpose of this 8-K filing by Freedom Holding Corp.?
The primary purpose of this 8-K filing is to report an event related to 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as of February 12, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 12, 2024.
What is the trading symbol for Freedom Holding Corp. and on which exchange is its common stock registered?
The trading symbol for Freedom Holding Corp. is FRHC, and its Common Stock, with a par value of $0.001 per share, is registered on The Nasdaq Capital Market.
What is the state of incorporation for Freedom Holding Corp.?
Freedom Holding Corp. is incorporated in Nevada.
What specific items of information are included in this 8-K filing, according to the 'ITEM INFORMATION' section?
The 'ITEM INFORMATION' section indicates that this 8-K includes 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits'.
Filing Stats: 518 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-02-13 08:00:18
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share FRHC The Nasdaq Capital Marke
Filing Documents
- frhc-20240212.htm (8-K) — 28KB
- ex991frhc-earningspressrel.htm (EX-99.1) — 131KB
- 0000924805-24-000018.txt ( ) — 297KB
- frhc-20240212.xsd (EX-101.SCH) — 2KB
- frhc-20240212_lab.xml (EX-101.LAB) — 24KB
- frhc-20240212_pre.xml (EX-101.PRE) — 13KB
- frhc-20240212_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 12, 2024, Freedom Holding Corp. issued a press release announcing certain financial results for its fiscal third quarter ended December 31, 2023. The press release is attached hereto as Exhibit 99.1 . The information provided in this Item 2.02, including Exhibit 99.1, is intended to be "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
.0 1 Financial Statements and Exhibits
Item 9 .0 1 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Earnings Press Release dated February 12 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FREEDOM HOLDING CORP. Date: February 13, 2024 By: /s/ Evgeniy Ler Evgeniy Ler Chief Financial Officer 2