<SEC-DOCUMENT>0001654954-17-008340.txt : 20170912
<SEC-HEADER>0001654954-17-008340.hdr.sgml : 20170912
<ACCEPTANCE-DATETIME>20170912060216
ACCESSION NUMBER:		0001654954-17-008340
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170908
ITEM INFORMATION:		Unregistered Sales of Equity Securities
FILED AS OF DATE:		20170912
DATE AS OF CHANGE:		20170912

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Freedom Holding Corp.
		CENTRAL INDEX KEY:			0000924805
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				300233726
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33034
		FILM NUMBER:		171079999

	BUSINESS ADDRESS:	
		STREET 1:		C/O POULTON & YORDAN
		STREET 2:		324 SOUTH 400 WEST SUITE 250
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84101
		BUSINESS PHONE:		801-355-2227

	MAIL ADDRESS:	
		STREET 1:		C/O POULTON & YORDAN
		STREET 2:		324 SOUTH 400 WEST SUITE 250
		CITY:			SALT LAKE CITY
		STATE:			UT
		ZIP:			84101

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BMB MUNAI INC
		DATE OF NAME CHANGE:	20031218

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERUNION FINANCIAL CORP
		DATE OF NAME CHANGE:	19960719
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>bmbm_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
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UNITED STATES</font></div>
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SECURITIES AND EXCHANGE COMMISSION</font></div>
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Washington, D.C. 20549</font></div>
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FORM 8-K</font></div>
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CURRENT REPORT</font></div>
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Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Date of
Report (Date of earliest event reported):&#xA0;&#xA0;<font style="font-weight: bold">September 8, 2017</font></font></div>
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<font style="font-weight: bold; font-family: Times New Roman; font-size: 24px">
FREEDOM HOLDING CORP.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Exact
name of registrant as specified in its charter)</font></div>
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<td style="vertical-align: top; width: 34%">
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Nevada</font></div>
</td>
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<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">001-33034</font></div>
</td>
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<div><font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
</td>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">30-0233726</font></div>
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or other jurisdiction of incorporation)</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Commission</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">File
Number)</font></div>
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Employer</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Identification
No.)</font></div>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Office
1704, 4B Building, &#x201C;Nurly Tau&#x201D; BC, 17 Al Farabi Ave,
Almaty, Kazakhstan</font></div>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(Address
of principal executive offices)</font></div>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">050059</font></div>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(Zip
Code)</font></div>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">(801)
355-2227</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Registrant&#x2019;s
telephone number, including area code)</font></div>
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<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">BMB
MUNAI, INC.<br></font></div>
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<font style="font-family: Times New Roman; font-size: 13px">(Former
name or former address, if changed since last report.)</font></div>
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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 (<font style="text-decoration: underline">see</font> General Instruction A.2
below):</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">[&#xA0;&#xA0;&#xA0;]</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Written
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<font style="font-family: Times New Roman; font-size: 13px">[&#xA0;&#xA0;&#xA0;]</font></div>
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<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">[&#xA0;&#xA0;&#xA0;]</font></div>
</td>
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<font style="font-family: Times New Roman; font-size: 13px">Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">[&#xA0;&#xA0;&#xA0;]</font></div>
</td>
<td style="vertical-align: top; width: 95%">
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))</font></div>
</td>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px;"><font style="font-family: Times New Roman; font-size: 13px">
<font style="font-size: 13px">Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of
the Securities Act of 1933 (&#xA7;230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (&#xA7;240.12b-2 of
this chapter).</font>&#xA0;<font style="font-size: 13px">Emerging
growth company &#x2610;</font></font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px;">&#xA0;</font></div>
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<font style="font-family: Times New Roman; font-size: 13px"><font style="font-size: 13px">
&#xA0;</font><font style="font-weight: bold; color: #000000">Item
3.02 Unregistered Sale of Equity Securities</font></font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">On
June 29, 2017, Freedom Holding Corp. (f/k/a BMB Munai, Inc.) (the
&#x201C;Company&#x201D;) closed the acquisition of LLC Investment
Company Freedom Finance (&#x201C;Freedom RU&#x201D;) pursuant to a
Share Exchange and Acquisition Agreement, dated November 23, 2015,
between the Company and Timur Turlov (the &#x201C;Acquisition
Agreement&#x201D;). Mr. Turlov is the Company&#x2019;s CEO, Chairman
of the Board and majority shareholder. Pursuant to the terms of the
Acquisition Agreement, the Company agreed to issue to Mr. Turlov
sufficient shares to increase his ownership interest in the
Company&#x2019;s common stock from 80.1% to 93% upon the closing of
the acquisition of Freedom RU. At the closing on June 29, 2017, the
Company had insufficient authorized but unissued shares of common
stock to fulfill that obligation. As an accommodation to facilitate
the closing, Mr. Turlov agreed to accept a partial issuance of
shares at the closing, with a commitment from the Company to
deliver him the remaining shares following a reverse split of the
Company&#x2019;s issued and outstanding common stock. As previously
reported in a Current Report on Form 8-K filed with the Securities
and Exchange Commission on September 5, 2017, the reverse stock
split was completed and became effective on September 6, 2017. On
September 8, 2017, the Company issued 12,278,602 shares of
restricted common stock to Mr. Turlov.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 48px">
<font style="color: #000000; font-family: Times New Roman; font-size: 13px">The
common stock was issued to Mr. Turlov in reliance on the exemptions
from registration provided in Section 4(a)(2) of the Securities Act
for transactions not involving any public offering and
Regulation&#xA0;S promulgated under the Securities Act for offers
and sales made outside the United States without registration. Mr.
Turlov represented that he was an &#x201C;accredited investor&#x201D;
as defined in Rule 501(a) of Regulation D and acknowledged, in
writing, that the securities must be acquired and held for
investment. Mr. Turlov confirmed in writing that he is a non-U.S.
person, as defined in Regulation S. All certificates evidencing the
shares issued bear a restrictive legend. No underwriter
participated in the offer and sale of these securities, and no
commission or other remuneration was paid or given directly or
indirectly in connection therewith.</font></div>
<div style="text-align: justify; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: center; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-weight: bold; font-family: Times New Roman; font-size: 13px">
SIGNATURE</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 0px">
<font style="font-family: Times New Roman; font-size: 13px">&#xA0;</font></div>
<div style="text-align: left; margin-left: 0px; margin-right: 0px; text-indent: 36px">
<font style="font-family: Times New Roman; font-size: 13px">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.</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">&#xA0;
<font style="font-weight: bold">FREEDOM HOLDING
CORP.</font></font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Date:
September 11, 2017</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">By:</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">/s/
Timur Turlov</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Timur
Turlov</font></div>
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<font style="font-family: Times New Roman; font-size: 13px">Chief
Executive Officer</font></div>
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