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2026-07-13 15:11 12d ago
2026-07-13 08:47 12d ago
Freedom Holding získala 300 milionů USD z emise akcií
FRHC Freedom Holding
FMP Stock News 86
Original source text
NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Freedom Holding Corp. (Nasdaq: FRHC), an international financial technology group, today announced that aggregate gross proceeds from its offering of ordinary shares were US$300 million. In the offering, the company sold 2,374,356 ordinary shares, at a price of approximately US$126.35 per share.

Freedom Holding Corp. plans to use the proceeds to support its continued expansion and international investment program.

“The proceeds from this offering will support the development of our ecosystem in international markets,” said Timur Turlov, founder and chief executive officer of Freedom Holding Corp. “I believe the ecosystem our team has built in Kazakhstan can be competitive not only in these markets, but also in the United States, where we intend to introduce it in due course,” he added.

Freedom is developing a unified digital ecosystem that brings together banking, brokerage, insurance, and lifestyle services. At the core of this model is the Freedom SuperApp, which provides access to financial products, payments, insurance, investments, ticketing, travel, and e-commerce services.

International Expansion

International growth is a key element of Freedom’s strategy. The company plans to develop digital financial services in Europe by drawing on its experience in building an integrated financial ecosystem in Kazakhstan.

Earlier in June 2026, Freedom Holding Corp. applied for a banking license in France. The company has also stated that it aims to attract 50 million new clients in Europe.

Freedom Finansal Hizmetler A.Ş., a subsidiary of Freedom, recently received approval from Türkiye’s Banking Regulation and Supervision Agency to acquire a 99.32% stake in Turkish Bank A.Ş. The approval marks a key regulatory step toward completing the transaction. Upon completion, Turkish Bank would provide Freedom with an established banking platform from which to develop financial services in the country.

In November 2025, Freedom Holding Corp. received approval to open a bank in Georgia, further expanding the geographic reach of its financial ecosystem.

The company views Kazakhstan as the foundation for developing and refining its digital model for international markets. In 2025, Freedom’s ecosystem-building case was included in the MBA program at Stanford Graduate School of Business. The case became part of the school’s educational library and was prepared for use by students, faculty, and participants in international business programs.

Business and Financial Performance

As of March 31, 2026, Freedom’s ecosystem served more than 14 million customers across its banking, brokerage, insurance, lifestyle, and other business lines. The Freedom SuperApp had more than 5.2 million registered users.

The number of brokerage clients increased by 26%, from 683,000 to 858,000, while banking clients grew by approximately 100%, from 2.52 million to 5.03 million. The company’s other services segment had 1.105 million clients as of March 31, 2026.

For the fiscal year ended March 31, 2026, Freedom Holding Corp.’s revenue increased to US$2.19 billion, compared with US$2.0 billion a year earlier. Net income rose to US$153.3 million from US$76.2 million in the previous fiscal year. Basic earnings per share were US$2.56, and diluted earnings per share were US$2.51.

The company’s total assets reached US$13.16 billion as of March 31, 2026, while shareholders’ equity amounted to US$1.49 billion.

In June 2026, S&P Global Ratings upgraded the ratings of JSC Freedom Finance, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and JSC Freedom Bank Kazakhstan to ‘BB-’ with a stable outlook. Freedom Holding Corp.’s issuer credit rating was affirmed at ‘B-’.

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata.

Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC) and the common stock is included in Russell 3000 Index.

Contact

Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
[email protected]
+77013641454

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/689175a0-3261-419d-9add-54b7426fd415
2026-07-06 12:57 19d ago
2026-07-06 06:45 20d ago
LibertyStream spustila automatizovaný systém Gen 6
FRHC Freedom Holding
FMP Stock News 78
Original source text
System supports lithium extraction, sample production, and operating-team training while Company prepares first 1,000 tpa commercial-scale plant

DALLAS--(BUSINESS WIRE)--LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to announce that it has commissioned its fully automated Gen 6 extraction system at Freedom Launchpad, the Company’s training and customer-sample production platform at its first deployment site.

The process is not being changed for scale-up. The Company expects the commercial-scale design to use the same core process architecture, with larger carousels holding additional extraction modules to support increased throughput.

Share The Gen 6 system is operating as expected and is now supporting lithium extraction and lithium carbonate production at the site. The system is designed around a 5,000 barrel-per-day processing basis and advances LibertyStream’s repeatable template for critical mineral recovery from existing U.S. oil and gas water-handling infrastructure.

Freedom Launchpad is where LibertyStream is producing lithium carbonate, preparing customer samples, training operators, capturing process data, and refining the operating playbook. Freedom 1, located at the same site, is the Company’s first 1,000 tonne-per-annum commercial-scale plant, previously referred to as Facility 1.

“Commissioning the fully automated Gen 6 system is an important execution milestone,” said Alex Wylie, President & CEO of LibertyStream. “We have moved from field learning, manual operation, and customer sample production into an automated system that reflects the architecture we intend to scale. Our focus remains disciplined: produce, qualify, train, build, and deploy.”

Automated Platform, Field-Learned Process

The fully automated Gen 6 system incorporates programmable logic controls and real-time monitoring across key operating variables, including temperature, pressure, flow rates, pH, and conductivity.

The system uses automation to streamline operations, strengthen operating consistency, and capture process data as LibertyStream advances customer samples, product qualification, operating-team training, and Freedom 1 readiness.

This commissioning milestone builds on the Company’s prior Gen 6 field work, which incorporated 21 months of operations, more than 400,000 barrels of processed brine, and over 2,500 operating tests. The Gen 6 configuration also reduced cycle time to approximately 20 minutes, compared with approximately 60 minutes under the Gen 5 configuration.

Over the past several months, LibertyStream’s operations, engineering, and chemistry teams have operated and refined the Gen 6 process while training at Freedom Launchpad. That hands-on operating period was intentional. It allowed the team to develop process familiarity, troubleshoot in real time, and build operating knowledge across the extraction sequence.

The newly commissioned automated Gen 6 system transfers that field experience into a programmable operating platform. The process is not being changed for scale-up. The Company expects the commercial-scale design to use the same core process architecture, with larger carousels holding additional extraction modules to support increased throughput.

From Freedom Launchpad to Freedom 1

LibertyStream has already produced lithium carbonate at its first deployment site, delivered product for customer evaluation, and announced a long-term offtake milestone for 600 tonnes per year of planned lithium carbonate supply beginning in 2027.

The automated Gen 6 system is expected to support continued production, larger-format customer samples, product qualification, performance data capture, operating-team development, and Freedom 1 readiness.

Freedom 1 is being developed as the Company’s first commercial-scale installation under its agreement with Select Water Solutions. As previously disclosed, the Stage 1 facility is designed for 1,000 tonnes per annum of lithium carbonate production and is targeted for commissioning by the end of December 2026.

Visible Progress at Freedom 1

Site preparation for Freedom 1 is advancing.

The Company has cleared and leveled the installation area and is preparing for concrete work to support receipt of commercial-scale equipment expected in late Q3 and early Q4 2026.

This work is part of LibertyStream’s broader execution plan to move from Freedom Launchpad into a repeatable commercial template. The objective is not a single installation. The objective is a scalable model for recovering critical minerals from large water streams already moving through established U.S. energy infrastructure.

Lithium carbonate is LibertyStream’s first product focus. The broader platform is designed around technology-led critical mineral recovery from existing oil and gas water-handling infrastructure. The Company expects to provide further updates as the automated Gen 6 system continues operating and as performance data, customer sample activity, Freedom 1 preparation, and commercial-scale equipment deployment advance.

About LibertyStream Infrastructure Partners

LibertyStream is a lithium development and technology company aiming to be one of North America’s first commercial producers of lithium carbonate from oilfield brine. Our strategy is to generate value for shareholders by leveraging management’s hydrocarbon experience to deploy our proprietary DLE technology directly into existing oil and gas infrastructure, thereby reducing capital costs, lowering risks and supporting the world’s clean energy transition. We are committed to operating efficiently and with transparency across all areas of the business staying sharply focused on creating long-term, sustainable shareholder value. Investors and/or other interested parties may sign up for updates about the Company’s continued progress on its website: https://LibertyStream.com/.

Forward-Looking Information

This news release includes certain “forward-looking statements” and “forward-looking information” within the meaning of applicable Canadian securities laws (collectively referred to herein as “forward-looking information”). When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “will”, “would”, “could”, “schedule” and similar words or expressions, identify forward-looking information. Statements, other than statements of historical fact, may constitute forward-looking information and include, without limitation, the Company’s expectations with respect to finalizing the definitive Offtake Agreement and the consulting agreement and the timing thereof; the anticipated services to be provided in the consulting agreement and the issuance of restricted share units to the consultant; the anticipated benefits of the Offtake Agreement; the Company’s expectations with respect to Facility 1 and the integration of the Company’s platform with existing oilfield water infrastructure; the Company’s expectations with respect to all-in operating costs of a 1,000-tonne-per-annum facility; the Company’s planned commercial configuration for Facility 1; the expectation that Facility 1 will generate standalone positive operating cash flow; the ability of the results from pre-commercial operations to date to create meaningful shareholder value and the Company’s ability to secure long-term commercial contracts; and the benefits of the Company’s proprietary DLE technology including the anticipated reduction of capital costs associated with lithium carbonate extraction from oilfield brine by the use of existing oil and gas infrastructure and the support of clean energy transition efforts caused by the deploy of the Company’s proprietary DLE technology. With respect to the forward-looking information contained in this news release, the Company has made numerous assumptions. While the Company considers these assumptions to be reasonable, these assumptions are inherently subject to significant uncertainties and contingencies and may prove to be incorrect. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information contained herein including the risk that the timing of launching full-scale operations may be delayed or not occur at all; the risk that the Company is not able to secure appropriate partnerships, customers, and offtake agreements, including entering into the definitive Offtake Agreement based on the non-binding term sheet with the Offtake Partner, on terms acceptable to the Company or at all; the risk that the Company cannot achieve full commercial-scale operations on the timeline currently anticipated or at all; the risk that the Company’s anticipated all-in operating costs will be higher than expected; the risk that the assumptions of management in calculating the anticipated all-in operating costs are not complete or may change through the course of the Company’s ongoing business activities; the risk that management’s expectations and assumptions related to generating standalone positive cash flow are not complete or may change through the course of the Company’s ongoing business activities; the risk that the DLE technology cannot be scaled on a commercial basis as currently anticipated by the Company or at all; the risk that the anticipated near-term strategy may not be executed as currently anticipated; and, generally, those known risk factors outlined in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2025, the Company’s Management’s Discussion and Analysis for the three months ended March 31, 2026 and the Company’s annual information form for the year ended December 31, 2024. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

More News From LibertyStream Infrastructure Partners Inc.
2026-07-01 17:59 24d ago
2026-07-01 11:54 24d ago
Freedom Holding získala schválení k převzetí Turkish Bank
FRHC Freedom Holding
FMP Stock News 88
Original source text
ISTANBUL, July 01, 2026 (GLOBE NEWSWIRE) -- Freedom Finansal Hizmetler A.Ş., a subsidiary of Freedom Holding Corp. (NASDAQ: FRHC), an international diversified financial services group operating in more than 20 countries, today announced that Türkiye’s Banking Regulation and Supervision Agency (BRSA) and Competition Authority of Türkiye has approved its planned acquisition of 99.32% of the share capital of Turkish Bank A.Ş.

BRSA approval is an important step toward completing the transaction and supports Freedom Holding Corp.’s strategy to build integrated financial services platforms in selected growth markets. Upon closing, Turkish Bank A.Ş., a Turkish banking institution with a history dating back to 1982, will become part of the Group’s regional platform in Türkiye, alongside its brokerage, investment and capital markets businesses.

“Türkiye is a strategic market for Freedom, and we are entering it with a clear understanding of what we want to build. In Kazakhstan, we have already proven that a digital ecosystem can become part of people’s everyday lives. In less than two years since its launch, Freedom SuperApp has reached 5.67 million users and has become one of the country’s fastest-growing digital services. We have brought financial services and advanced digital products together on a single platform, allowing them to complement and strengthen one another,” said Timur Turlov, founder and Chief Executive Officer of Freedom Holding Corp.“This is the experience we intend to bring to the Turkish market, where the potential client base could be four to five times larger than in Kazakhstan. The acquisition of a bank creates the foundation for scaling a model that has already proven its effectiveness, and BRSA approval is an important step toward launching it in Türkiye,” Turlov added.

Following completion of the acquisition, Turkish Bank will continue to operate under Turkish regulatory supervision and will gain access to Freedom’s expertise in digital financial services, technology-driven distribution and client-focused product development.

BRSA approval also comes as Freedom Holding is in the final stage of establishing its brokerage business in Türkiye. Final authorization from the Capital Markets Board of Türkiye would allow the Group to expand its financial products and services for retail, affluent and high-net-worth clients, as well as small and medium-sized businesses and corporate clients.

The Bank is expected to support Freedom’s regional strategy by enabling deeper integration of banking services, capital markets, insurance and cross-border financial solutions. Over time, the model may be expanded through non-financial services, including e-commerce, telecommunications and lifestyle offerings.

“BRSA approval is an important step toward implementing our strategy in Türkiye,” said H. Cenk Eynehan, Chief Executive Officer of Freedom Finansal Hizmetler A.Ş. “Following completion of the transaction, we will have the opportunity to combine the heritage and market position of an established Turkish banking institution with Freedom’s technology, entrepreneurial culture and international expertise. Our priority will be to create additional value for clients through innovation, accessibility and an expanded range of financial products and services.”

Freedom plans to implement a modernization and growth program focused on digital transformation, client channels, product expansion and operational efficiency. Integration will focus on technology infrastructure, client experience, product development and cooperation among Freedom’s Turkish business lines.

The transaction is expected to expand Freedom Holding Corp.’s presence across Eurasia, the Middle East and Central Asia and support the Group’s long-term investment strategy in selected growth markets.

The Freedom Holding Corp.'s banking business is already present in Tajikistan. In November last year, The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market granted the holding company approval to establish a bank in Georgia. In early June, Freedom Holding Corp. submitted an application to the French regulator for a banking license. Timur Turlov noted that the company plans to invest approximately €500 million in developing its digital ecosystem in France.

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC) and the common stock is included in Russell 3000 Index.

Freedom Finansal Hizmetler A.Ş., a wholly owned subsidiary of Freedom Holding Corp., was established in 2022 to support the Group’s expansion in Türkiye’s financial services sector. The company focuses on financial consulting and investments across banking, insurance, capital markets, payment systems and other financial services, including supporting the capitalization and development of portfolio companies.

In 2025, the Capital Markets Board of Türkiye granted the company an establishment license. Freedom Yatırım Menkul Değerler A.Ş. was subsequently established and is working toward obtaining an operating brokerage license upon meeting the regulator’s requirements.

Turkish Bank A.Ş. is a commercial bank operating in Türkiye and a member of TurkishBank Group. The bank provides a range of financial services, including corporate, commercial and retail banking solutions.

TurkishBank Group, established in 1901, is a privately owned financial services group operating across Türkiye, the Turkish Republic of Northern Cyprus and the United Kingdom. The Group provides banking, financial and wealth management solutions through an international network.

Contact

Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
[email protected]

+77013641454

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6db975c8-cd09-47b5-85de-8c3e5db261ec
2026-06-25 06:21 1mo ago
2026-06-25 01:11 1mo ago
S&P zvedla ratingy Freedom Holding, tržby rekordní
FRHC Freedom Holding
FMP Stock News 86
Original source text
New York, United States, June 25, 2026 (GLOBE NEWSWIRE) -- S&P Global Ratings has upgraded ratings on several subsidiaries of Freedom Holding Corp., a Nasdaq-listed international investment and technology group. The ratings on Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC were raised to “BB-” with stable outlooks.

S&P also upgraded the long-term Kazakhstan national scale ratings on Freedom Finance JSC and Freedom Bank Kazakhstan JSC to “kzA-.” Earlier, the agency affirmed Kazakhstan’s sovereign credit ratings at “kzAAA” on the national scale and “BBB-” with a positive outlook. Freedom Holding Corp.’s rating remained at “B-” with a stable outlook.

According to S&P, Freedom has shown positive momentum in risk management both within the holding company itself and across the group’s subsidiaries. S&P said this should allow the group to more closely monitor and control risks within its growing business, including sanctions compliance, cybersecurity, reputational, regulatory and cryptocurrency risks.

The agency expects the group to maintain strong capitalization metrics over the next 12–24 months, despite ongoing investments in telecommunications and consumer lifestyle businesses. According to S&P, Freedom’s earnings metrics remain strong, with a three-year average operating profit-to-risk-weighted-assets ratio of approximately 2.2% for the period from March 2024 to March 2026, which remains high in an international context.

S&P also said the development of Freedom’s financial and non-financial businesses is not expected to place significant pressure on Freedom Holding Corp.’s capitalization.

The agency also highlighted Freedom’s position as one of Kazakhstan’s leading digital fintech ecosystems, noting the group’s SuperApp mobile application. Monthly active users of the app stood at approximately 2.6 million in March 2026.

In its rating update, S&P took into account Freedom Holding Corp.’s annual report for fiscal year 2026. The company reported record revenue of $2.19 billion and a twofold increase in net income to $153.3 million. Freedom also significantly expanded its client base across key business segments. The number of users of the bank’s services doubled over the year to 5.03 million, while the brokerage client base grew by 26% to 858,000 clients. In the insurance and other segments, Freedom serves around 2.2 million people. Overall, the client base of the company’s digital ecosystem across all operating markets exceeded 14 million people by the end of fiscal year 2026.

“The expansion of our digital ecosystem beyond our home region, where we built an effective business model in a relatively short period of time, is a key element of our long-term development strategy,” said Timur Turlov, CEO of Freedom Holding Corp. “We are already seeing strong growth in Europe, are close to obtaining banking and brokerage licenses in Turkey, and are actively developing our business in the United States and the Middle East. In Kazakhstan, we have built the experience, expertise and resources needed to compete for global leadership.”

As of May 1, 2026, Freedom’s European brokerage business had reached 453,000 clients. Freedom has also announced plans to expand its banking and digital ecosystem operations in several international markets. In early June, the company said it had applied for a banking license in France and planned to invest €500 million in developing its digital ecosystem there. Freedom also expects to invest $300 million in expanding its Turkish operations and has announced the acquisition of 99.32% of the shares of Turkish Bank. The company’s digital banking subsidiary has been operating in Tajikistan since October 2025, and in November 2025, Kazakhstan’s financial regulator granted Freedom permission to open a bank in Georgia.

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 22 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC), and the common stock is included in Russell 3000 Index.

S&P Upgrades Ratings on Freedom Holding Corp. Subsidiaries to “BB-”

S&P Upgrades Ratings on Freedom Holding Corp. Subsidiaries to “BB-” S&P Upgrades Ratings on Freedom Holding Corp. Subsidiaries to “BB-”