Fathom Digital Manufacturing Set to Join Russell 3000® and Russell 2000® Indexes
June 23 2022 - 8:30AM
Business Wire
Fathom Digital Manufacturing Corp. (NYSE: FATH), an industry
leader in on-demand digital manufacturing services, today announced
it is set to join the broad-market Russell 3000® Index and the
small-cap Russell 2000® Index at the conclusion of the Russell
indexes annual reconstitution, effective after the market opens on
June 27, 2022, according to a preliminary list of additions posted
by FTSE Russell.
Annual Russell indexes reconstitution captures the 4,000 largest
US stocks, 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.
“We are pleased to be included in the Russell family of US
indexes,” said Ryan Martin, Fathom Chief Executive Officer. “Our
inclusion in these important benchmarks is expected to increase our
exposure among institutional investors and broaden Fathom’s
shareholder base.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12 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, go to the “Russell Reconstitution” section on the
FTSE Russell website.
About Fathom Digital Manufacturing
Fathom is one of the largest on-demand digital manufacturing
platforms in North America, serving the comprehensive product
development and low- to mid-volume manufacturing needs of some of
the largest and most innovative companies in the world. With more
than 25 unique manufacturing processes and a national footprint
with nearly 450,000 square feet of manufacturing capacity across 12
facilities, Fathom seamlessly blends in-house capabilities across
plastic and metal additive technologies, CNC machining, injection
molding and tooling, sheet metal fabrication, and design and
engineering. With more than 35 years of industry experience, Fathom
is at the forefront of the Industry 4.0 digital manufacturing
revolution, serving clients in the technology, defense, aerospace,
medical, automotive and IOT sectors. Fathom's certifications
include: ITAR Registered, ISO 9001:2015 Design Certified, ISO
9001:2015, ISO 13485:2016, AS9100:2016, and NIST 800-171. To learn
more, visit https://fathommfg.com/.
Forward-Looking Statements
Certain statements made in this press release are
“forward-looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. Words such as “estimates,”
“projects,” “expects,” “anticipates,” “forecasts,” “plans,”
“intends,” “believes,” “seeks,” “may,” “will,” “would,” “should,”
“future,” “propose,” “target,” “goal,” “objective,” “outlook” and
variations of these words or similar expressions (or the negative
versions of such words or expressions) are intended to identify
forward-looking statements. All statements other than statements of
historical facts contained in this press release, including
statements relating to Fathom’s inclusion in the Russell 3000® and
Russell 2000® Indexes following the conclusion of the annual
reconstitution, are all forward-looking statements. These
forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of risks,
uncertainties, assumptions and other important factors discussed in
Fathom’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2021, filed with the Securities and Exchange
Commission (the “SEC”) on April 8, 2022 as well as Fathom’s other
filings with the SEC. Actual results could differ materially from
the results implied by our forward-looking statements, which
reflect Fathom’s expectations, plans or forecasts of future events
and views as of the date of this press release. Although Fathom may
elect to update these forward-looking statements at some point in
the future, Fathom specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as
representing Fathom’s assessments as of any date subsequent to the
date of this press release. Accordingly, undue reliance should not
be placed upon the forward-looking statements.
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Michael Cimini Director, Investor Relations Fathom Digital
Manufacturing (262) 563-5575 michael.cimini@fathommfg.com
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