Creative Realities, Inc. (“Creative Realities”, “CRI”, or the
“Company”) (NASDAQ: CREX), a leading provider of digital signage
and media solutions, was added as a member of the Russell Microcap®
Index, effective after the US market opened on July 1, as part of
the 2024 Russell indexes reconstitution.
The annual Russell US Indexes reconstitution
captures the 4,000 largest US stocks as of Tuesday, 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.
“We are pleased to confirm our inclusion in the
Russell Microcap Index, which effectively serves as an
acknowledgment of the success of our value creation strategy and
improved underlying performance,” said Rick Mills, Chief Executive
Officer. “This designation provides increased exposure of the
Company’s stock to a broader number of funds and institutional
investors, who may actively purchase equities to mimic the Russell
index composition. Coming in conjunction with projected record
results this year, our inclusion in this index brings new
opportunities to accelerate shareholder value and expand the base
of accredited investors taking an interest in our Company and its
future.”
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 $10.5 trillion in assets as of the
close of December 2023. Russell indexes are part of FTSE Russell, a
leading global index provider.
Fiona Bassett, CEO of FTSE Russell, an LSEG
Business, comments, “Russell indexes – now in their 40th year –
continue to evolve to reflect the dynamic US economy. Annual
rebalancing plays a vital role in establishing accurate benchmarks,
ensuring they correctly mirror their designated market segments and
remain unbiased in terms of size and style.”
For more information on the Russell Microcap®
Index and the Russell indexes reconstitution, go to the “Russell
Reconstitution” section on the FTSE Russell website.
About Creative Realities,
Inc.Creative Realities helps clients use place-based
digital media to achieve business objectives such as increased
revenue, enhanced customer experiences, and improved productivity.
The Company designs, develops and deploys digital signage
experiences for enterprise-level networks, and is actively
providing recurring SaaS and support services across diverse
vertical markets, including but not limited to retail, automotive,
digital-out-of-home (DOOH) advertising networks, convenience
stores, foodservice/QSR, gaming, theater, and stadium venues.
About FTSE RussellFTSE Russell
is a leading global provider of benchmarking, analytics, and data
solutions for investors, giving them a precise view of the market
relevant to their investment process. A comprehensive range of
reliable and accurate indexes provides investors worldwide with the
tools they require to measure and benchmark markets across asset
classes, styles, or strategies.
FTSE Russell index expertise and products are
used extensively by institutional and retail investors globally.
For over 40 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.
FTSE Russell is focused on applying the highest
industry standards in index design and governance, employing
transparent rules-based methodology informed by independent
committees of leading market participants. FTSE Russell fully
embraces the IOSCO Principles, and its Statement of Compliance has
received independent assurance. Index innovation is driven by
client needs and customer partnerships, allowing FTSE Russell to
continually enhance the breadth, depth and reach of its
offering.
FTSE Russell is wholly owned by London Stock
Exchange Group.
For more information, visit
https://www.lseg.com/en/ftse-russell.
Cautionary Note on Forward-Looking
Statements This press release contains "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, Section 21E of the Securities Exchange Act of
1934, as amended, and the Private Securities Litigation Reform Act
of 1995, and includes, among other things, discussions of our
business strategies, product releases, future operations and
capital resources. Words such as "estimates," "projects,"
"expects," "anticipates," "forecasts," "plans," "intends,"
"believes," "seeks," "may," "will," "should," "future," "propose"
and variations of these words or similar expressions (or the
negative versions of such words or expressions) are intended to
identify forward-looking statements. Forward-looking statements are
not guarantees of future performance, conditions or results. They
are based on the opinions, estimates and beliefs of management as
of the date such statements are made, and they are subject to known
and unknown risks, uncertainties, assumptions and other factors,
many of which are outside of our control, that may cause the actual
results, level of activity, performance or achievements to be
materially different from those expressed or implied by such
forward-looking statements. Some of these risks are discussed in
the “Risk Factors” section contained in Item 1A of our Annual
Report on Form 10-K for the year ended December 31, 2023, as
amended, and our Quarterly Report on Form 10-Q for the quarter
ended March 31, 2024, and the Company’s subsequent filings with the
U.S. Securities and Exchange Commission. Important factors, among
others, that may affect actual results or outcomes include: our
strategy for customer retention, growth, product development,
market position, financial results and reserves, our ability to
execute on our business plan, our ability to retain key personnel,
our ability to remain listed on the Nasdaq Capital Market, our
ability to realize the revenues included in our future guidance and
backlog reports, our ability to satisfy our upcoming debt
obligations, contingent liabilities and other liabilities, the
ability of the Company to continue as a going concern, potential
litigation, supply chain shortages, and general economic and market
conditions impacting demand for our products and services. Readers
should not place undue reliance upon any forward-looking
statements. We assume no obligation to update or revise the
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
ContactsMedia Inquiries:Breanne
Ngobngo@ideagrove.com
Investor Relations:Chris
Wittycwitty@darrowir.com
646-438-9385ir@cri.comhttps://investors.cri.com/
Creative Realities (NASDAQ:CREX)
Historical Stock Chart
From Dec 2024 to Jan 2025
Creative Realities (NASDAQ:CREX)
Historical Stock Chart
From Jan 2024 to Jan 2025