Amprius Set to Join Russell 3000® Index
June 07 2023 - 08:30AM
Business Wire
Amprius Technologies, Inc. ("Amprius" or the
“Company”) (NYSE: AMPX), a leader in next-generation
lithium-ion batteries with its Silicon Anode Platform, is set to
join the broad-market Russell 3000® Index at the conclusion of the
2023 Russell indexes annual reconstitution, effective after the US
market opens on June 26, according to a preliminary list of
additions posted last month.
Annual Russell indexes reconstitution captures the 4,000 largest
US stocks as of April 28, ranking them by total market
capitalization. Membership in the US all-cap Russell 3000® Index,
which remains in place for one year, means automatic inclusion in
the large-cap Russell 1000® Index or small-cap Russell 2000® Index
as well as the appropriate growth and value style indexes. FTSE
Russell determines membership for its Russell indexes primarily by
objective, market-capitalization rankings, and style
attributes.
“The Russell Indexes are a well-respected and influential
benchmarking standard, and our inclusion into the Russell 3000®
Index represents a meaningful achievement for Amprius,” said CEO
Dr. Kang Sun. “Since entering the public markets last September, we
have continued delivering breakthrough products to customers and
scaling our production capacity. We expect our inclusion in this
select group to bring increased exposure to the broader investment
community as we strive to deliver long-term value to our
shareholders.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12.1 trillion in
assets are benchmarked against Russell’s US indexes. Russell
indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell 3000® Index and the Russell
indexes reconstitution, please visit the “Russell Reconstitution”
section on the FTSE Russell website.
About Amprius Technologies, Inc.
Amprius Technologies, Inc. is a leading manufacturer of
high-energy and high-power lithium-ion batteries producing the
industry’s highest known energy density cells. The company’s
commercially available batteries deliver up to 450 Wh/kg and 1,150
Wh/L. The company’s corporate headquarters is in Fremont,
California where it maintains an R&D lab and a pilot
manufacturing facility for the fabrication of silicon anodes and
cells. To serve customer demand, Amprius recently entered into a
lease agreement for an approximately 774,000 square foot facility
in Brighton, Colorado. For additional information, please visit
amprius.com. Also, see the company’s LinkedIn and Twitter
pages.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide.
FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 70 countries,
covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $20.1
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For
more information, visit www.ftserussell.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230607005069/en/
Investors Cody Slach, Tom Colton Gateway Group, Inc.
949-574-3860 IR@amprius.com
Media Zach Kadletz, Brenlyn Motlagh Gateway Group, Inc.
949-574-3860 Amprius@Gateway-grp.com
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