Freedom Holding Corp. announced it is considering an offering of its common stock in Kazakhstan, which would be conducted outside the United States under Regulation S.
Key takeaways
The company is contemplating an offering of its common stock in Kazakhstan, indicating potential capital raising activities.
The proposed offering would rely on Regulation S under the Securities Act of 1933, targeting investors outside the United States.
Securities offered have not been registered under the Securities Act and may not be sold in the U.S. absent registration or exemption.
The company has not yet determined to proceed with the offering, and the announcement contains forward-looking statements.