---
schema_version: "secwatch.filing_event.v1"
accession: "0000924805-23-000108"
form_type: "8-K"
ticker: "FRHC"
cik: "0000924805"
company_name: "Freedom Holding Corp."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:47:09.713275+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000924805-23-000108
- form_type: 8-K
- ticker: FRHC
- cik: 0000924805
- company_name: Freedom Holding Corp.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/924805/000092480523000108/0000924805-23-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924805/000092480523000108/frhc-20231031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000924805-23-000108
- JSON: https://secwatch.observer/filing/0000924805-23-000108.json
- Plain text: https://secwatch.observer/filing/0000924805-23-000108.txt

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