Introduction Applied Sciences Holdings, Inc. (NASDAQ: ADN) (“Introduction”), an innovation-driven firm within the gasoline cell and hydrogen technology house, is set to add the U.S. broad-market Russell 3000® as we speak. Index annual restructuring at the conclusion of this 12-month Russell Index. The initial record for the additives was launched earlier this month on June 4, 2021, and the final additions will go into effect once the US market opens on June 28, 2021.
The annual Russell Index restructuring captures the 4,000 largest U.S. stocks as of May 7, 2021, rating them by entire market capitalization. Membership within the US All-Cap Russell 3000® Index, which lasts a 12-month period.
This means that Applied Sciences may also be included in the Russell 2000® Index in addition to appropriate growth and value type indices. The FTSE Russell determines membership for its Russell Index primarily based on target, market capitalization ranking and grandeur characteristics.
Dr. Vasilis Gregorio, Chairman and Chief Government Officer of Introduction Applied Sciences, said, “The addition of Introduction to the Russell 3000® Index reflects our growing growth across markets as an alternative to hydrogen as a world vitality transition.
We look forward to moving strongly along our accelerated growth trajectory in offering industries with patented high-temperature gasoline cells that enable the flexibility to decarbonize faster and more effectively, although “no Gasoline too. Any place.” Chance.”
The Russell Index is widely used by funding managers and institutional buyers as a benchmark for index funds and for energetic funding methods. Roughly $10.6 trillion worth of goods are in Russell’s U.S. The index is benchmarked towards. Russell Indexes are a part of FTSE Russell, a number one world index supplier.
For additional data on the Russell 3000® Index and the Russell Index Restructuring, visit the “Russell Restructuring” section on the FTSE Russell website.
Introduction About Applied Sciences Holdings, Inc
Introduction Applied Sciences Holdings, Inc. a U.S. Company that develops, manufactures and assembles critical elements for gasoline cells and improved vitality technologies within the renewable vitality sector. Introduction is headquartered in Boston, Massachusetts, with the San Francisco Bay space and workplaces within Europe.
With over 120 patents issued (or pending) for its gasoline cell technology, the introduction lays out the IP for the next generation of high temperature proton trading membranes (HT-PEMs) that allow multiple fuels to operate at extreme temperatures under extreme conditions. Allows – providing a versatile “any gasoline”. Any place.” Potential for the automotive, marine, aviation and energy technology sectors. For additional data, visit www.advent.energy.
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