- KORE Group Holdings (KORE, Financial) has been added to the Russell Microcap® Index following the 2025 Russell indexes reconstitution.
- The inclusion is effective as of June 30, 2025, reflecting KORE's market progress and recognition.
- The Russell Microcap® Index serves as a benchmark for approximately $10.6 trillion in assets as of June 2024.
KORE Group Holdings, Inc. (KORE), a pioneer in the Internet of Things (IoT) sector, has been included in the Russell Microcap® Index as part of the 2025 reconstitution of the Russell indexes, effective June 30, 2025. This inclusion underscores KORE's growing market recognition and the progress it has made in executing its value creation plan. Membership in this index, which lasts for a year, is determined by market capitalization rankings and grants KORE automatic inclusion in relevant growth and value style indexes.
The Russell Microcap® Index, which is part of the FTSE Russell's suite of U.S. indexes, tracks the performance of the smallest 4,000 U.S. stocks, ranked by market capitalization. Russell indexes, widely utilized by investment managers and institutional investors for managing portfolios and benchmarking active investment strategies, collectively serve as a benchmark for around $10.6 trillion in assets as of June 2024.
KORE Group Holdings, headquartered in Atlanta, is distinguished as a global IoT hyperscaler, providing connectivity, solutions, and analytics to businesses. As the company focuses on driving profitable growth, operational efficiency, and strategic innovation, its inclusion in the Russell Microcap® Index is a testament to its strategic market position and commitment to long-term value creation for shareholders.
