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Freedom Holding Corp. (FRHC) reports Board resignation, trims directors from seven to six

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Freedom Holding Corp. reports a Board change under a current report. On July 8, 2026, director Kairat Kelimbetov resigned from the Board of Directors, effective immediately. The company states that his resignation was not related to any disagreement regarding operations, policies, or practices. Following this change, the Board was reduced from seven to six directors. The report also identifies the company’s common stock, par value $0.001 per share, trading on The Nasdaq Capital Market under the symbol FRHC.

Positive

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Negative

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Insights

Director departure appears routine, with no disclosed dispute.

The company discloses that director Kairat Kelimbetov resigned effective July 8, 2026, and explicitly notes there was no disagreement on operations, policies, or practices. That language typically signals an orderly transition rather than a governance conflict.

The Board now has six members instead of seven. Unless this vacancy affects committee compositions or strategic oversight, the impact on shareholders is likely limited. Future disclosures about a replacement director, if any, will clarify the longer-term governance structure.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Resignation effective date July 8, 2026 Effective date of Kairat Kelimbetov’s resignation from the Board of Directors
Board size before resignation 7 directors Number of Freedom Holding Corp. directors serving before Dr. Kelimbetov resigned
Board size after resignation 6 directors Number of Freedom Holding Corp. directors serving after Dr. Kelimbetov resigned
Par value per share $0.001 per share Par value of Freedom Holding Corp. common stock listed on The Nasdaq Capital Market
Company telephone number (212) 980 4400 Main telephone number for Freedom Holding Corp.’s principal executive offices
Emerging growth company regulatory
"Emerging growth company Item 5.02 - Departure of Directors"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Inline XBRL technical
"Cover Page Interactive Data File (embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
Form 8-K regulatory
"Item 5.02 - Departure of Directors or Certain Officers"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
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FAQ

What Board change did Freedom Holding Corp. (FRHC) disclose?
Freedom Holding Corp. disclosed that director Kairat Kelimbetov resigned from its Board of Directors, effective July 8, 2026, reducing the Board size from seven members to six.

Did Kairat Kelimbetov’s resignation from FRHC involve any disagreement with the company?
No. The company states that Dr. Kelimbetov’s resignation was not related to any disagreement with Freedom Holding Corp. on matters involving its operations, policies, or practices.

How did the Board size at FRHC change after the July 8, 2026 resignation?
Following Dr. Kelimbetov’s resignation, the number of directors at Freedom Holding Corp. decreased from seven to six, leaving one vacant seat on the Board of Directors.

What stock does Freedom Holding Corp. (FRHC) list and where is it traded?
Freedom Holding Corp. lists common stock with a par value of $0.001 per share. The shares trade on The Nasdaq Capital Market under the trading symbol FRHC.

When was the 8-K regarding FRHC’s director resignation signed and by whom?
The report was signed on July 10, 2026, on behalf of Freedom Holding Corp. by Assel Mussina, who is identified in the filing as the company’s Corporate Secretary.
40 Wall Street, 58th Floor, New York, NY10005(212)9804400NasdaqFalse000092480500009248052022-09-132022-09-13


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 10, 2026

FREEDOM HOLDING CORP.
(Exact name of registrant as specified in its charter)
Nevada001-3303430-0233726
(State or other jurisdiction of incorporation)
Commission
File Number)
(IRS Employer
Identification No.)
40 Wall Street, 58th Floor, New York, NY
(Address of principal executive offices)
10005
(Zip code)
(212) 980 4400
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered under Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.001 per shareFRHC
The Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicated by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On July 8, 2026, Kairat Kelimbetov resigned from the Board of Directors (the "Board") of Freedom Holding Corp. (the "Company"), effective immediately. Dr. Kelimbetov's resignation was not related to any disagreement with the Company on any matter relating to the Company's operations, policies or practices. As a result of Dr. Kelimbetov's resignation, the number of directors serving on the Board has decreased from seven directors to six directors.


Item 9.01 Financial Statements and Exhibits

(d) Exhibits
Exhibit No.Description
104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

FREEDOM HOLDING CORP.
Date: July 10, 2026
By:/s/ Assel Mussina
Assel Mussina
Corporate Secretary

2

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents

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