KORE joins the Russell Microcap庐 Index
KORE Group Holdings (NYSE: KORE), a global IoT hyperscaler specializing in Connectivity, Solutions, and Analytics, has been added to the Russell Microcap庐 Index following the 2025 Russell indexes reconstitution, effective June 30, 2025.
The inclusion reflects KORE's growing market recognition and progress in executing its value creation plan. The Russell Microcap庐 Index membership, which lasts for one year, is determined by market capitalization rankings and includes the top 4,000 US stocks. Russell indexes serve as benchmarks for approximately $10.6 trillion in assets as of June 2024.
KORE Group Holdings (NYSE: KORE), un hyperscaler globale IoT specializzato in Connettivit脿, Soluzioni e Analisi, 猫 stato inserito nel Russell Microcap庐 Index a seguito della ristrutturazione degli indici Russell 2025, con effetto dal 30 giugno 2025.
Questa inclusione riflette il crescente riconoscimento di mercato di KORE e i progressi nell'attuazione del suo piano di creazione di valore. L'appartenenza al Russell Microcap庐 Index, che dura un anno, 猫 determinata dalla classifica per capitalizzazione di mercato e include le prime 4.000 azioni statunitensi. Gli indici Russell rappresentano benchmark per circa 10,6 trilioni di dollari in asset a giugno 2024.
KORE Group Holdings (NYSE: KORE), un hyperscaler global de IoT especializado en Conectividad, Soluciones y An谩lisis, ha sido a帽adido al Russell Microcap庐 Index tras la reconstituci贸n de los 铆ndices Russell 2025, con vigencia a partir del 30 de junio de 2025.
Esta inclusi贸n refleja el creciente reconocimiento de mercado de KORE y sus avances en la ejecuci贸n de su plan de creaci贸n de valor. La membres铆a en el Russell Microcap庐 Index, que dura un a帽o, se determina por la clasificaci贸n de capitalizaci贸n de mercado e incluye las 4,000 principales acciones de EE.UU. Los 铆ndices Russell sirven como referencia para aproximadamente 10,6 billones de d贸lares en activos a junio de 2024.
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KORE Group Holdings (NYSE : KORE), un hyperscaler IoT mondial sp茅cialis茅 dans la connectivit茅, les solutions et l鈥檃nalyse, a 茅t茅 ajout茅 au Russell Microcap庐 Index suite 脿 la reconstitution des indices Russell 2025, effective au 30 juin 2025.
Cette inclusion refl猫te la reconnaissance croissante de KORE sur le march茅 et les progr猫s r茅alis茅s dans l鈥檈x茅cution de son plan de cr茅ation de valeur. L鈥檃ppartenance au Russell Microcap庐 Index, qui dure un an, est d茅termin茅e par le classement de la capitalisation boursi猫re et inclut les 4 000 premi猫res actions am茅ricaines. Les indices Russell servent de r茅f茅rence pour environ 10,6 billions de dollars d鈥檃ctifs en juin 2024.
KORE Group Holdings (NYSE: KORE), ein globaler IoT-Hyperscaler mit Schwerpunkt auf Konnektivit盲t, L枚sungen und Analytik, wurde im Rahmen der Neuaufstellung der Russell-Indizes 2025 mit Wirkung zum 30. Juni 2025 in den Russell Microcap庐 Index aufgenommen.
Die Aufnahme spiegelt die zunehmende Markterkennung von KORE und Fortschritte bei der Umsetzung seines Wertsch枚pfungsplans wider. Die Mitgliedschaft im Russell Microcap庐 Index, die ein Jahr gilt, wird anhand der Marktkapitalisierungsrangliste bestimmt und umfasst die Top 4.000 US-Aktien. Die Russell-Indizes dienen als Benchmark f眉r rund 10,6 Billionen US-Dollar an Verm枚genswerten per Juni 2024.
- Inclusion in Russell Microcap庐 Index enhances visibility and potential institutional investor exposure
- Recognition of company's progress and market position in IoT ecosystem
- None.
"We are pleased to be included in the Russell Microcap庐 Index, which we view as a meaningful acknowledgment of the progress we are making," said Anthony Bellomo, Chief Financial Officer of KORE. "This milestone reflects growing recognition of听KORE's unique position in the IoT ecosystem and the tangible steps we are taking to execute on our value creation plan. As we focus on driving profitable growth, operational efficiency and strategic innovation, we remain deeply committed to creating long-term value for our shareholders."
The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Wednesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap庐 Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell's US indexes serve as the benchmark for about
For more information on the Russell Microcap庐 Index and the Russell indexes reconstitution, go to the 听Russell Reconstitution" section on the .
About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission-critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes. For more information, visit .
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.听 FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit听.
Cautionary Note on Forward-Looking Statements
This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "guidance," "project," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding future operational performance and efficiency and statements regarding growth and profitability and other financial and performance metrics. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including those Risk Factors in our most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission, which we may update in Part II, Item 1A - Risk Factors in Quarterly Reports on Form 10-Q we have filed or will file hereafter. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
KORE Investor Contact:
Vik Vijayvergiya
Vice President, IR and Corporate Development
[email protected]
+1-770-280-0324
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SOURCE KORE Group Holdings, Inc.
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