Core Points - Solésence, Inc. will be added to the Russell 3000® and Russell 2000® Indexes effective June 30, 2025, enhancing its visibility to institutional investors [1][3] - The Russell US indexes include the 4,000 largest US stocks ranked by market capitalization as of April 30, with membership lasting for one year [2] - Approximately $10.6 trillion in assets are benchmarked against the Russell US indexes, indicating their significance in the investment community [3] Company Overview - Solésence, Inc. specializes in scientifically-driven health care solutions in beauty and life sciences, focusing on innovative skin health products [5] - The company aims to redefine mineral-based sun protection by emphasizing transparency, effectiveness, and aesthetics [5] - Solésence integrates protection, prevention, and treatment technologies into daily use products, promoting self-care and unique product claims [5] Industry Context - FTSE Russell, the provider of the Russell indexes, is a global leader in index benchmarking, covering 98% of the investable market globally with approximately $18.1 trillion benchmarked to its indexes [6] - The Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies [3][6]
Solésence to Join Russell 3000® and Russell 2000® Indexes