0000924805
false
0000924805
2020-11-18
2020-11-18
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): November 18, 2020
|
FREEDOM HOLDING CORP.
|
(Exact
name of registrant as specified in its charter)
|
|
|
|
|
|
Nevada
|
|
001-33034
|
|
30-0233726
|
(State
or other jurisdiction of incorporation)
|
|
Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
|
|
|
|
|
|
“Esentai
Tower” BC, Floor 7, 77/7 Al Farabi Ave., Almaty,
Kazakhstan
|
(Address
of principal executive offices)
|
|
050040
|
(Zip
code)
|
|
+7 727
311 10 64
|
(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 class
|
|
Trading
Symbol(s)
|
|
Name of
each exchange on which registered
|
Common
|
|
FRHC
|
|
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
November 18, 2020, in accordance with the By-Laws of Freedom
Holding Corp., (the “Company”), the board of directors
(the “Board”) of the Company approved an increase in
the size of the Board from five to six directors and expanded the
number of Class III directors of the Board from one to two.
Effective the same date, the Board appointed Amber Williams to fill
the newly created Class III directorship. Ms. Williams will hold
office for the remaining term of the Class III directors, which
expires at the 2021 annual shareholder meeting. Ms. Williams is an
independent director.
There
are no arrangements or understandings between Ms. Williams and any
other person pursuant to which Ms. Williams was appointed to the
Board. Ms. Williams will be entitled to the applicable annual cash
retainer and other compensation paid to non-employee members of the
Board and committee members, under terms consistent with those
previously disclosed by the Company. The Company is not aware of
any transaction involving Ms. Williams that is reportable under
Item 404(a) of Regulation S-K. Ms. Williams will also be entitled
to enter into an indemnification agreement with the Company, if and
when the Company elects to do so in accordance with its By-Laws.
Ms. Williams has been appointed to serve on the Company’s
audit committee and its nominating and corporate governance
committee.
Ms.
Williams was selected to serve as a director based on her
professional experience in accounting, auditing, finance and
internal controls and her background as a licensed
CPA.
Biographical information for Amber Williams
Since
2012, Ms. Williams has provided accounting and CFO consulting
services to companies. Ms. Williams is a Certified Public
Accountant, having earned licensure in 2010. From 2018 to 2019, she
was employed as a Manager with Brixey & Meyer, an Ohio based
CPA firm. In that position she managed a team of accountants
assisting companies complete monthly, quarterly and yearly
financial statements and improving clients’ internal
controls. From 2004 to 2012, Ms. Williams was employed in various
accounting and finance positions with Grant Thornton, Basic
Research, Goldman Sachs and PricewaterhouseCoopers, where her
responsibilities included: planning and managing audit functions,
including audit planning, fieldwork and internal control testing;
assisting with product launch; serving as a member of a management
team in conjunction with the sale of a business unit; and
co-managing an initiative to improve processes surrounding
tracking, monitoring and reporting internal/external errors that
helped enhance reporting, improved transparency and decrease
errors. Ms. Williams earned a Bachelor of Science degree in
accounting from the University of Utah in 2004, and a Masters of
Accounting degree from the University of Utah in 2005. Ms. Williams
is 40 years old.
SIGNATURES
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:
November 19, 2020
|
By:
|
/s/
Askar Tashtitov
|
|
|
Askar
Tashtitov
|
|
|
President
|