Freedom Holding Corp. Files Definitive Proxy for 2025 Annual Meeting

Ticker: FRHC · Form: DEF 14A · Filed: 2025-07-29T00:00:00.000Z

Sentiment: neutral

Topics: Proxy Statement, Corporate Governance, Shareholder Meeting, SEC Filing, Broker-Dealer, FRHC, Annual Meeting

Related Tickers: FRHC

TL;DR

**FRHC's DEF 14A is a standard governance filing; no immediate red flags, but keep an eye on the annual meeting outcomes for leadership stability.**

AI Summary

Freedom Holding Corp. (FRHC) filed a DEF 14A proxy statement on July 29, 2025, for its annual meeting, covering the fiscal year ending March 31, 2025. The filing indicates routine matters for the annual meeting, including the election of directors and other standard proposals, rather than significant financial disclosures. While specific revenue and net income figures are not detailed within this proxy statement, the document's primary purpose is to solicit shareholder votes for corporate governance issues. The company, a security broker-dealer, operates from 40 Wall Street, New York, NY, and has a Central Index Key (CIK) of 0000924805. The filing does not highlight any immediate key business changes or specific financial risks beyond the general operational risks inherent to a brokerage firm. The strategic outlook, as implied by a standard proxy, focuses on maintaining corporate governance and shareholder engagement for the upcoming fiscal year.

Why It Matters

This DEF 14A filing is crucial for investors as it outlines the agenda for Freedom Holding Corp.'s 2025 annual meeting, where key corporate governance decisions, such as director elections, will be made. These decisions directly impact the company's strategic direction and oversight, affecting long-term shareholder value. For employees, the stability and leadership determined at the meeting can influence company culture and future growth prospects. Customers and the broader market will observe these governance actions as indicators of FRHC's operational integrity and commitment to regulatory compliance, especially in the competitive security brokerage sector.

Risk Assessment

Risk Level: low — The risk level is low because this is a routine Definitive Proxy Statement (DEF 14A) filed on July 29, 2025, primarily for soliciting votes for the 2025 annual meeting. It does not contain new financial disclosures or indicate any immediate operational or financial distress for Freedom Holding Corp. (FRHC). The filing is a standard regulatory requirement for corporate governance.

Analyst Insight

Investors should review the full DEF 14A to understand the specific proposals and director nominees for the 2025 annual meeting. Participate in the vote to ensure your voice is heard on corporate governance matters, as these decisions can impact long-term company performance and shareholder value.

Key Numbers

0000924805 — Central Index Key (CIK) (Unique identifier for Freedom Holding Corp. with the SEC)
2025-03-31 — Fiscal Year End (The end date of the fiscal year covered by the proxy statement's reporting period)
2025-07-29 — Filing Date (Date the DEF 14A was officially filed with the SEC)
DEF 14A — Form Type (Indicates a Definitive Proxy Statement)
001-33034 — SEC File Number (Registration number for Freedom Holding Corp. with the SEC)

Key Players & Entities

Freedom Holding Corp. (company) — Registrant filing the DEF 14A
SEC (regulator) — Recipient of the DEF 14A filing
40 Wall Street, 58th Floor, New York, NY (location) — Business and mail address of Freedom Holding Corp.
0000924805 (identifier) — Central Index Key (CIK) for Freedom Holding Corp.
NV (location) — State of incorporation for Freedom Holding Corp.
BMB MUNAI INC (company) — Former name of Freedom Holding Corp. until 2003-12-18
INTERUNION FINANCIAL CORP (company) — Former name of Freedom Holding Corp. until 1996-07-19
2025-03-31 (date) — Conformed period of report end date
2025-07-29 (date) — Filing date of the DEF 14A
1-212-980-4400 (phone_number) — Business phone number for Freedom Holding Corp.

FAQ

What is the purpose of Freedom Holding Corp.'s DEF 14A filing on July 29, 2025?

The DEF 14A filing by Freedom Holding Corp. (FRHC) on July 29, 2025, is a Definitive Proxy Statement, primarily used to solicit shareholder votes for its 2025 annual meeting. It outlines the agenda, including the election of directors and other corporate governance proposals.

When is Freedom Holding Corp.'s fiscal year end, as indicated in the DEF 14A?

According to the DEF 14A filing, Freedom Holding Corp.'s fiscal year end is March 31. The conformed period of report for this specific filing ended on March 31, 2025.

What is the business address of Freedom Holding Corp. mentioned in the DEF 14A?

The business address for Freedom Holding Corp. (FRHC) as stated in the DEF 14A is 40 Wall Street, 58th Floor, New York, NY 10005. This is also listed as their mail address.

Are there any significant financial disclosures in this DEF 14A for Freedom Holding Corp.?

No, this DEF 14A filing for Freedom Holding Corp. (FRHC) is a standard proxy statement focused on corporate governance and the annual meeting agenda. It does not contain new or significant financial disclosures like revenue or net income figures.

What is Freedom Holding Corp.'s CIK number?

Freedom Holding Corp.'s Central Index Key (CIK) number, as listed in the DEF 14A filing, is 0000924805. This is a unique identifier used by the SEC.

What type of company is Freedom Holding Corp. based on its SIC code?

Based on its Standard Industrial Classification (SIC) code 6211, Freedom Holding Corp. is categorized as a Security Broker, Dealer & Flotation Company. This indicates its primary business operations.

What were the previous names of Freedom Holding Corp.?

Freedom Holding Corp. previously operated under the names BMB MUNAI INC until December 18, 2003, and INTERUNION FINANCIAL CORP until July 19, 1996, as detailed in the DEF 14A filing.

What should investors do after reviewing Freedom Holding Corp.'s DEF 14A?

Investors should carefully review the specific proposals and director nominees detailed in Freedom Holding Corp.'s DEF 14A and exercise their right to vote at the 2025 annual meeting. This participation is crucial for influencing corporate governance and leadership.

Does the DEF 14A indicate any high risks for Freedom Holding Corp.?

The DEF 14A filing itself does not indicate any high or unusual risks for Freedom Holding Corp. It is a routine regulatory document for an annual meeting, focusing on governance rather than new risk disclosures.

When was the DEF 14A filed by Freedom Holding Corp.?

The Definitive Proxy Statement (DEF 14A) for Freedom Holding Corp. was filed with the SEC on July 29, 2025. This date marks the official submission of the document.

Industry Context

Freedom Holding Corp. operates in the security brokers, dealers & flotation companies sector (SIC 6211). This industry is characterized by its reliance on market activity, transaction volumes, and regulatory oversight. Key trends include evolving digital platforms for trading, increasing competition from fintech firms, and the need for robust compliance to manage risks associated with financial transactions and client assets.

Regulatory Implications

As a security broker-dealer, Freedom Holding Corp. is subject to stringent regulations by bodies such as the SEC and FINRA. The DEF 14A filing itself is a regulatory requirement. Compliance with rules regarding customer protection, capital adequacy, and anti-money laundering is critical to maintaining its license to operate and avoiding penalties.

What Investors Should Do

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Key Dates

2025-03-31: Fiscal Year End — Marks the end of the reporting period for the financial information relevant to this proxy statement.
2025-07-29: Filing Date of DEF 14A — The date Freedom Holding Corp. officially submitted its Definitive Proxy Statement to the SEC, making it public information.
2025-07-29: Date as of Change — Indicates the date up to which information in the filing is current or has been updated.

Glossary

DEF 14A: A Definitive Proxy Statement filed with the SEC by a public company. It contains information that management must provide to shareholders before their annual meeting, including details on director nominees, executive compensation, and other matters to be voted on. (This is the specific form Freedom Holding Corp. has filed, indicating it is soliciting shareholder votes for its annual meeting.)
Central Index Key (CIK): A unique 10-digit number assigned by the SEC to each person or company that has filed disclosures with the SEC. It is used to identify filers. (The CIK 0000924805 uniquely identifies Freedom Holding Corp. in SEC filings.)
Fiscal Year End: The last day of a company's fiscal year, which is the 12-month period used for financial reporting. It does not necessarily coincide with the calendar year. (Indicates that the reporting period covered by this filing concludes on March 31, 2025.)
SEC File Number: A registration number assigned by the SEC to a company's filings. It is used to track a company's registration and reporting history. (The SEC File Number 001-33034 is associated with Freedom Holding Corp.'s registration with the SEC.)
Standard Industrial Classification (SIC): A system used by U.S. government agencies to classify businesses. SIC code 6211 pertains to security brokers and dealers. (Identifies Freedom Holding Corp.'s primary business as operating within the security brokerage and dealership industry.)

Year-Over-Year Comparison

This DEF 14A filing for the fiscal year ending March 31, 2025, is primarily focused on corporate governance matters such as director elections and routine proposals, consistent with typical proxy statements. As it does not contain detailed financial performance metrics, a direct comparison of revenue growth, margin changes, or specific financial risks against the previous year's filing is not feasible from this document alone. Investors would need to consult the company's financial reports (e.g., 10-K) for such comparative analysis.

From the Filing

0000924805-25-000025.txt : 20250729 0000924805-25-000025.hdr.sgml : 20250729 20250729071548 ACCESSION NUMBER: 0000924805-25-000025 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 25 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250729 DATE AS OF CHANGE: 20250729 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Freedom Holding Corp. CENTRAL INDEX KEY: 0000924805 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 09 Crypto Assets EIN: 300233726 STATE OF INCORPORATION: NV FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-33034 FILM NUMBER: 251157529 BUSINESS ADDRESS: STREET 1: 40 WALL STREET, 58TH FLOOR CITY: NEW YORK, NY STATE: NY ZIP: 10005 BUSINESS PHONE: 1-212-980-4400 MAIL ADDRESS: STREET 1: 40 WALL STREET, 58TH FLOOR CITY: NEW YORK, NY STATE: NY ZIP: 10005 FORMER COMPANY: FORMER CONFORMED NAME: BMB MUNAI INC DATE OF NAME CHANGE: 20031218 FORMER COMPANY: FORMER CONFORMED NAME: INTERUNION FINANCIAL CORP DATE OF NAME CHANGE: 19960719 DEF 14A 1 fre-20250729.htm DEF 14A fre-20250729 0000924805 DEF 14A false iso4217:USD xbrli:pure 0000924805 2024-04-01 2025-03-31 0000924805 2020-04-01 2021-03-31 0000924805 2021-04-01 2022-03-31 0000924805 2022-04-01 2023-03-31 0000924805 2023-04-01 2024-03-31 0000924805 2021-03-31 0000924805 fre:DeductionsMember ecd:PeoMember 2020-04-01 2021-03-31 0000924805 fre:AdditionsMember ecd:PeoMember 2020-04-01 2021-03-31 0000924805 fre:DeductionsMember ecd:PeoMember 2021-04-01 2022-03-31 0000924805 fre:AdditionsMember ecd:PeoMember 2021-04-01 2022-03-31 0000924805 fre:DeductionsMember ecd:PeoMember 2022-04-01 2023-03-31 0000924805 fre:AdditionsMember ecd:PeoMember 2022-04-01 2023-03-31 0000924805 fre:DeductionsMember ecd:PeoMember 2023-04-01 2024-03-31 0000924805 fre:AdditionsMember ecd:PeoMember 2023-04-01 2024-03-31 0000924805 fre:DeductionsMember ecd:PeoMember 2024-04-01 2025-03-31 0000924805 fre:AdditionsMember ecd:PeoMember 2024-04-01 2025-03-31 0000924805 fre:DeductionsMember ecd:NonPeoNeoMember 2020-04-01 2021-03-31 0000924805 fre:AdditionsMember ecd:NonPeoNeoMember 2020-04-01 2021-03-31 0000924805 fre:DeductionsMember ecd:NonPeoNeoMember 2021-04-01 2022-03-31 0000924805 fre:AdditionsMember ecd:NonPeoNeoMember 2021-04-01 2022-03-31 0000924805 fre:DeductionsMember ecd:NonPeoNeoMember 2022-04-01 2023-03-31 0000924805 fre:AdditionsMember ecd:NonPeoNeoMember 2022-04-01 2023-03-31 0000924805 fre:DeductionsMember ecd:NonPeoNeoMember 2023-04-01 2024-03-31 0000924805 fre:AdditionsMember ecd:NonPeoNeoMember 2023-04-01 2024-03-31 0000924805 fre:DeductionsMember ecd:NonPeoNeoMember 2024-04-01 2025-03-31 0000924805 fre:AdditionsMember ecd:NonPeoNeoMember 2024-04-01 2025-03-31 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A (Rule 14a-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant  x     Filed by a Party other than the Registrant  ☐ Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) x Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material under Rule 14a-12 Freedom Holding Corp. (Name of Registrant as Specified in Its Charter) ------------------------------------------------------------ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply ): x No fee required. o Fee paid previously with preliminary materials o Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) an 0-11 Freedom Holding Corp. 40 Wall Street, 58th Floor New York, NY _________________ Dear Stockholders: You are cordially invited to attend the 2025 annual meeting of stockholders (the “2025 Annual Meeting&#82