secwatch.observer — SEC 8-K summary
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Issuer:     Freedom Holding Corp. (FRHC)
CIK:        0000924805
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0000924805-23-000108
Event type: m_and_a
Sentiment:  negative
Materiality: 0.65
Item codes: 1.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/924805/000092480523000108/0000924805-23-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/924805/000092480523000108/frhc-20231031.htm
  HTML page:      https://secwatch.observer/filing/0000924805-23-000108

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