Workflow
Russell Microcap Index
icon
Search documents
Foxx Development Poised to Join Russell Microcap Index
Globenewswire· 2025-06-06 13:05
Core Points - Foxx Development Holdings Inc. has been included in the Russell Microcap Index, marking a significant milestone for the company [1][2][3] - The Russell Microcap Index is reconstituted annually to reflect new and growing equities, ensuring companies meet market capitalization and liquidity requirements [2] - Inclusion in the Russell Microcap Index is expected to enhance the company's visibility among institutional investors and improve liquidity through automatic purchases by index funds and ETFs [3] Company Overview - Foxx Development is a provider of consumer electronics and integrated Internet-of-Things (IoT) solutions, serving both retail and institutional clients [4] - The company has strong research and development capabilities and focuses on building long-term partnerships with mobile network operators, distributors, and suppliers globally [4] - Foxx offers a diverse range of products, including mobile phones and tablets, and is developing end-to-end communication terminals and IoT solutions [4]
Microbot Medical Selected for Preliminary Inclusion to Russell Microcap® Index
Globenewswire· 2025-06-05 12:30
Group 1 - Microbot Medical Inc. has been selected for inclusion in the preliminary list of additions to the Russell Microcap Index, effective after U.S. market close on June 27, 2025 [1] - Membership in the Russell Microcap Index is determined by market capitalization rankings and style attributes, and it remains in place for one year [2] - Russell indexes are utilized by investment managers and institutional investors for index funds and serve as benchmarks for approximately $10.6 trillion in assets as of June 2024 [3] Group 2 - Microbot Medical is a pre-commercial stage medical technology company focused on improving patient care globally [4] - The company has developed the LIBERTY Endovascular Robotic System, which is the world's first single-use, fully disposable endovascular robotic system [4]