Nvni Group (NVNI) Joins Russell 3000E Index

Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”), the leading serial acquirer of private SaaS B2B companies in Latin America, announced that the Company joined the Russell Microcap Growth Index, the Russell 3000E Index, the Russell Microcap Growth Value Index, and the Russell 3000E Value Index.

“We are excited to join Russell 3000E,” said Pierre Schurmann, Nuvini’s CEO. “This is a significant benchmark for the Company as we remain focused on the execution of our corporate and capital allocation strategies. Joining the Russell 3000E Indexes gives Nuvini enhanced visibility to a broader market,” he continued.

The annual reconstitution of the Russell US Indexes identifies the 4,000 largest US stocks as of Tuesday, April 30th, ranking them based on total market capitalization. Being part of the US all-cap Russell 3000® Index for one year ensures automatic inclusion in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, along with the relevant growth and value style indexes. FTSE Russell bases membership for its Russell indexes mainly on objective market-capitalization rankings and style attributes. Investment managers and institutional investors widely use Russell indexes for index funds and as benchmarks for active investment strategies.

For more information on the Russell 2000® Index, Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

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