---
schema_version: "secwatch.filing_event.v1"
accession: "0000924805-22-000029"
form_type: "8-K"
ticker: "FRHC"
cik: "0000924805"
company_name: "Freedom Holding Corp."
filed_at: "2022-06-16T23:59:59+00:00"
generated_at: "2026-06-25T01:28:31.597132+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Freedom Holding Corp. updates on Russian subsidiary divestiture; CEO granted Kazakhstani citizenship

## Summary
- CEO Timur Turlov granted Kazakhstani citizenship; relinquished Russian and Saint Kitts and Nevis citizenships.
- Divestiture of Russian subsidiaries (Freedom Russia, Freedom Bank RU) delayed; will only fund maintenance until compliant sale.
- Company to continue corporate restructuring making Freedom KZ directly owned by parent.
- OFAC guidance prevented original divestiture plan; company complies with U.S. sanctions for any future transaction.

## SEC filing metadata
- accession: 0000924805-22-000029
- form_type: 8-K
- ticker: FRHC
- cik: 0000924805
- company_name: Freedom Holding Corp.
- filed_at: 2022-06-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924805/000092480522000029/0000924805-22-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924805/000092480522000029/frhc-20220616.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924805-22-000029
- JSON: https://secwatch.observer/filing/0000924805-22-000029.json
- Plain text: https://secwatch.observer/filing/0000924805-22-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.