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JanOne Inc. added to the Russell Microcap® Index
JANJanOne (JAN) Prnewswire·2024-06-03 16:05

Core Insights - JanOne Inc. has been added to the Russell Microcap® Index, marking a significant milestone for the company [1][3] - The Russell Microcap® Index includes 1,000 securities and is widely utilized by investment managers and institutional investors [2] - The addition to the index is expected to enhance visibility for JanOne, especially following its recent acquisition of ALT 5 Sigma [3] Company Overview - JanOne is a multidisciplinary organization listed on Nasdaq, focusing on healthcare and fintech [6] - The company is developing solutions aimed at addressing the opioid crisis and has promising drugs in its clinical trial pipeline [6] - JanOne's subsidiary, ALT 5, offers blockchain-powered technologies for trading, clearing, settlement, payment, and custodianship of digital instruments [7] ALT 5 Sigma Overview - ALT 5 Sigma, launched in 2018, provides next-generation blockchain technologies and has two main platforms: ALT 5 Pay and ALT 5 Prime [4][5] - ALT 5 Pay is a cryptocurrency payment gateway that allows merchants to accept and make cryptocurrency payments, with options for automatic conversion to fiat currencies [4] - ALT 5 Prime is an electronic trading platform for buying and selling digital assets, accessible via a mobile application and other platforms [5]