Core Insights - Sprott Asset Management USA, Inc. announced a modification to the index tracked by the Sprott Junior Gold Miners ETF (SGDJ), due to the strong performance of gold miners, which have returned over 90% year-to-date as of September 16, 2025 [1] - The market capitalization threshold for eligible securities in the index will be revised from below USD $2 billion to below USD $3 billion, effective at the next scheduled rebalance [2] Company Overview - Sprott Asset Management USA, Inc. is a wholly-owned subsidiary of Sprott Inc., focusing on precious metals and critical materials investments, with a presence in multiple locations including Toronto, New York, Connecticut, and California [3] Industry Context - The adjustment in the index methodology reflects the rising market capitalization of junior gold miners, indicating a robust performance in the gold mining sector [1][2]

Index Changes - United Parks & Resorts Inc. (NYSE: PRKS) will be added to the S&P SmallCap 600, replacing Foot Locker Inc. (NYSE: FL), effective September 8, 2025 [1][4] - TechnipFMC plc (NYSE: FTI) will be added to the S&P MidCap 400, replacing Skechers USA Inc. (NYSE: SKX), effective September 12, 2025 [1][4] Acquisition Details - Dick's Sporting Goods Inc. (NYSE: DKS) is acquiring Foot Locker, with the deal expected to be completed soon, pending final closing conditions [4] - 3G Capital is acquiring Skechers USA, with the deal also expected to be completed soon, pending final conditions [4]