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Frequency Holdings (OTC: FRQN) Establishes Direct Presence On Wall Street with Manhattan Expansion
Globenewswire· 2026-02-10 16:52
Core Viewpoint - Frequency Holdings Inc. has relocated its Manhattan office to 14 Wall Street, enhancing its presence in the financial district as the company expands its executive, investor, and capital market activities [1][2]. Group 1: Company Expansion - The relocation is part of Frequency's ongoing expansion in New York, following the opening of its first Manhattan office last year [2]. - The move to Wall Street was prompted by an opportunity from property management, reflecting the company's increased activity in the area [2]. Group 2: Leadership and Strategy - CEO Rick Jordan has been spending significant time in New York, engaging in client meetings and discussions focused on agentic AI, cybersecurity, and capital strategy for the next three years [3][4]. - The Wall Street location is intended to enhance the company's visibility and influence within the financial and investment community, supporting its growth plans and those of its subsidiaries, including ReachOut Digital Intelligence [4][5]. Group 3: Company Profile - Frequency Holdings Inc. is a technology-focused holding company that operates in cybersecurity, AI, and digital identity, aiming to build a nationally recognized brand in cybersecurity-first IT services for small and medium-sized businesses (SMBs) [5][9]. - The company employs a strategy of acquiring and scaling high-growth ventures while maintaining operational independence, with a focus on long-term equity value [9]. - Frequency's flagship subsidiary, ReachOut, provides 24/7 threat protection and compliance support through a subscription model, targeting managed service providers (MSPs) with revenues between $500K and $2M [9].