KORE Group (KORE) joins the Russell Microcap Index

KORE Group Holdings, Inc. (NYSE: KORE), the global pure-play IoT hyperscaler and provider of Connectivity, Solutions, and Analytics, has been added to the Russell Microcap® Index following the 2025 Russell indexes reconstitution, effective after the U.S. market opened on June 30.

"We are pleased to be included in the Russell Microcap® 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 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® 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 $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider.

For more information on the Russell Microcap^® Index and the Russell indexes reconstitution, go to the Russell Reconstitution" section on the FTSE Russell website.

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