Company information
- Ticker
- FRQN
- Country
- United States
- Sector
- Information Technology
- Industry
- IT Services
Frequency Holdings Business Summary
Frequency Holdings, Inc. (OTC: FRQN) operates as a technology-focused holding company specializing in the convergence of cybersecurity, artificial intelligence, and digital identity. The company generates revenue primarily through a recurring subscription model via its flagship subsidiary, ReachOut Digital Intelligence, which is currently transitioning from a traditional labor-intensive Managed Service Provider (MSP) framework to a high-margin Software-as-a-Service (SaaS) licensing model. This "Licensed Protection" strategy focuses on providing small and medium-sized businesses (SMBs) with AI-powered threat protection, automated compliance readiness (CMMC, HIPAA, NIST), and digital sovereignty through its pre-revenue blockchain venture, TRUSTLESS. Frequency Holdings positions itself as a strategic consolidator in the fragmented IT services market, utilizing a disciplined M&A playbook to acquire and scale regional operators with annual revenues between $500K and $2M. Its primary direct competitors include CISO Global Inc., Sophos, CrowdStrike, and Trustwave; relative to these peers, Frequency distinguishes itself by targeting the underserved SMB segment with a productized, zero-trust architecture rather than a legacy service-heavy approach. The leadership team is led by Founder and CEO Rick Jordan, a nationally recognized cybersecurity expert, White House advisor on cyber policy, and media personality who architected the company’s pivot from its predecessor, Yuengling's Ice Cream Corp. Supporting the executive suite is CFO Robert Bohorad, who brings extensive experience in public company operations and GAAP compliance from his previous tenure as CEO of Yuengling's. The company’s governance and strategic direction are significantly bolstered by a high-profile Board of Directors, which includes independent directors Kevin Harrington, an original "Shark" from ABC’s Shark Tank and pioneer of the infomercial industry, and David Meltzer, Chairman of the Napoleon Hill Institute and former CEO of Leigh Steinberg Sports & Entertainment. This leadership group, which also includes independent director Kingsley Charles, is currently focused on a 2026 strategic roadmap aimed at operational transparency and a future uplisting to the NASDAQ, recently establishing a direct presence on Wall Street to enhance investor engagement and capital market activity.