VirTra Set to Join Russell 3000® Index
June 04 2024 - 7:00AM
VirTra, Inc.
(Nasdaq: VTSI) (“VirTra”
or the “Company”), a global provider of judgmental use of
force training simulators, firearms training simulators for the law
enforcement and military markets, is set to join the broad-market
Russell 3000® Index at the conclusion of the 2024 Russell indexes
annual reconstitution, effective after the US market opens on July
1, according to a preliminary list of additions posted last month.
Annual Russell indexes reconstitution captures
the 4,000 largest US stocks as of April 30, 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.
“VirTra’s inclusion in the Russell 3000®
validates our strategic progress and highlights our forward
trajectory as a leader in effective training solutions for law
enforcement and military applications,” said CEO John Givens. “Over
the past year, we’ve significantly enhanced our operational
capabilities and continued to innovate to meet the growing demand
in these markets. We expect our inclusion in this respected index
to bring increased exposure to the broader investment community as
we work 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. 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.
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 VirTra Inc.VirTra
(Nasdaq: VTSI) is a global provider of judgmental use of force
training simulators, firearms training simulators for the law
enforcement, military, educational and commercial markets. The
company’s patented technologies, software, and scenarios provide
intense training for de-escalation, judgmental use-of-force,
marksmanship, and related training that mimics real-world
situations. VirTra’s mission is to save and improve lives worldwide
through practical and highly effective virtual reality and
simulator technology. Learn more about the company
at www.VirTra.com.
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 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.
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.
Forward-Looking StatementsThe
information in this discussion contains forward-looking statements
and information within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the Securities Exchange
Act of 1934, as amended, which are subject to the “safe harbor”
created by those sections. The words “anticipate,” “believe,”
“estimate,” “expect,” “intend,” “may,” “plan,” “project,” “will,”
“should,” “could,” “predict,” “potential,” “continue,” “would” and
similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. We may not actually achieve the plans,
intentions or expectations disclosed in our forward-looking
statements and you should not place undue reliance on our
forward-looking statements. Actual results or events could differ
materially from the plans, intentions and expectations disclosed in
the forward-looking statements that we make. The forward-looking
statements are applicable only as of the date on which they are
made, and we do not assume any obligation to update any
forward-looking statements. All forward-looking statements in this
document are made based on our current expectations, forecasts,
estimates and assumptions, and involve risks, uncertainties and
other factors that could cause results or events to differ
materially from those expressed in the forward-looking statements.
In evaluating these statements, you should specifically consider
various factors, uncertainties and risks that could affect our
future results or operations. These factors, uncertainties and
risks may cause our actual results to differ materially from any
forward-looking statement set forth in the reports we file with or
furnish to the Securities and Exchange Commission (the “SEC”). You
should carefully consider these risks and uncertainties described
and other information contained in the reports we file with or
furnish to the SEC before making any investment decision with
respect to our securities. All forward-looking statements
attributable to us or persons acting on our behalf are expressly
qualified in their entirety by this cautionary statement.
Investor Contact:Matt Glover and Alec
WilsonGateway Group, Inc. 949-574-3860VTSI@gateway-grp.com
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