- Nexxen International (NEXN, Financial) is set to join the Russell 3000 Index, with full inclusion anticipated on June 30, 2025.
- This addition also qualifies NEXN for the Russell 2000 Index and related growth and value style indexes.
- Nexxen recently restructured its stock listing, exchanging Nasdaq-listed ADRs for Ordinary Shares to consolidate to a single U.S. listing.
Nexxen International Ltd. (NASDAQ: NEXN), a key player in the advertising technology landscape, has been preliminarily announced for inclusion in the Russell 3000 Index. This significant milestone is set to be finalized after the U.S. market opens on June 30, 2025. The company's inclusion comes as part of the Russell indexes' annual reconstitution, effective after market close on June 27, 2025.
As a result, NEXN will also automatically qualify for membership in the Russell 2000 small-cap index, alongside relevant growth and value style indexes. This strategic development follows Nexxen's structural enhancement implemented in February 2025, which involved exchanging Nasdaq-listed ADRs for Ordinary Shares and streamlining its listing to a single U.S. platform.
The inclusion in these prestigious indexes not only reflects growing market recognition for Nexxen but also potentially opens up new opportunities for passive fund inflows and increased visibility among institutional investors. The Russell reconstitution day is known for its high trading volumes on U.S. exchanges, which can lead to enhanced trading liquidity and a diversified shareholder base for the companies involved.
Nexxen, headquartered in Israel, is renowned for its flexible advertising technology platform that combines data with advanced TV strategies. Its unified technology stack includes demand-side (DSP) and supply-side (SSP) platforms, centered around the Nexxen Data Platform. This global footprint is complemented by offices throughout the United States, Canada, Europe, and the Asia-Pacific region.
The company's CEO, Ofer Druker, emphasized the importance of this milestone, highlighting Nexxen's strategic execution and growing influence in the global advertising technology sector. This development is set to reinforce the company's market position and support its ongoing quest for growth and innovation.
