Business
GameSquare Set to Join Russell Microcap Index
Inclusion in the Russell Microcap Index reflects significant growth in market cap over the past 12 monthsFRISCO, TX / ACCESSWIRE / June 5, 2023 / GameSquare
About this update from Gamesquare Holdings, Inc.
[{"type":"text","content":"Inclusion in the Russell Microcap Index reflects significant growth in market cap over the past 12 monthsFRISCO, TX / ACCESSWIRE / June 5, 2023 / GameSquare Holdings, Inc. (\"GameSquare\", or the \"Company\") (NASDAQ:GAME)(TSXV:GAME) announced today that it is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, according to a preliminary list of additions posted June 2.Justin Kenna, Chief Executive Officer of GameSquare, stated, \"Joining the Russell Microcap® Index is an important milestone for GameSquare. Our market cap has increased over 120% over the past 12 months, reflecting the successful execution of our growth strategies and record pipeline, as well as our recent merger with Engine Gaming and Nasdaq listing. We believe our awareness and exposure within the investment community will further increase as a member of the Russell Microcap® Index, and we are excited by the growing momentum underway across our business.\"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.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 Microcap® Index and the Russell indexes reconstitution, go to the \"Russell Reconstitution\" section on the FTSE Russell website.About GameSquare Holdings, Inc.GameSquare Holdings, Inc. (NASDAQ:GAME | TSXV:GAME) is a vertically integrated, digital media, entertainment and technology company that connects global brands with gaming and youth culture audiences. GameSquare's end-to-end platform includes GCN, a digital media company focused on gaming and esports audiences, Cut+Sew (Zoned), a gaming and lifestyle marketing agency, USA, Code Red Esports Ltd., a UK based esports talent agency, Complexity Gaming, a leading esports organization, Fourth Frame Studios, a creative production ...