Freedom Holding Corp. the subsidiary was granted the right to operate an IPO in the United States

Photo: Freedom Holding Corp.

New York-based broker Prime Executions Inc., Freedom Holding Corp. subsidiary, FINRA was authorized by the American regulator to expand its capital markets and investment banking functions in the United States. In Estonia, Freedom Holding is represented by the investment platform Freedom24, which offers Europeans direct access to the American stock markets.

Prime Executions Inc. now has the right to provide underwriting insurance services, service mergers and securities transactions and participate in mergers. In addition, the company advises market participants. “It is a great honor and responsibility for us to receive from the American regulator the right to act as the direct organizer of initial public offerings in the United States. Only a handful of companies in the entire market have such permission. I am confident that these opportunities will take our business to the next level,” said Freedom Holding Corp. CEO. Timur Turlov.

“With the support and resources of Freedom Holding Corp., we intend to actively promote our services and expand our holdings in the states,” added Prime Executions Inc. President and CEO Robert Wotziak.

Freedom Holding Corp. offers financial services in ten countries around the world. The Group’s shares are traded on the NASDAQ under the symbol FRHC. Capitalization exceeds $ 3.5 billion. Freedom Holding Corp. regulated by the US Securities and Exchange Commission (SEC).

Prime Executions was founded in 1986 and is a member of the New York Stock Exchange (NYSE). detention facility. acquired Prime Executions in 2020 with the goal of giving customers direct access to the US market.


Source: https://www.aripaev.ee/ by www.aripaev.ee.

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