Freedom Holding Corp. terminates acquisition of Maxim Group LLC effective Oct 31, 2023

Freedom Holding Corp.

Purchase agreement to buy 100% of Maxim Group and Maxim Financial Advisors terminated by mutual written consent.
Parties determined conditions to closing would not be fulfilled by December 31, 2023.
Effective date of termination: October 31, 2023; mutual releases provided.
Original deal announced February 15, 2023; no consideration or break-up fee mentioned.

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