Business
Nexxen Announced as a Preliminary Addition to the Russell 3000 Index
Company expected to join the index following FTSE Russell’s annual reconstitution on June 27, 2025 NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Nexxen
About this update from Nexxen International Ltd.
[{"type":"text","content":"Company expected to join the index following FTSE Russell’s annual reconstitution on June 27, 2025\nNEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that it has been named a preliminary addition to the Russell 3000 Index, following the release of FTSE Russell’s list of 2025 index additions. Final inclusion is expected to take effect after the U.S. market opens on June 30, 2025, as part of the Russell indexes’ annual reconstitution, effective after market close on June 27, 2025. Membership in the Russell 3000 Index also results in automatic inclusion in the small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes. Nexxen’s inclusion marks another significant milestone, underscoring the Company’s execution, growth trajectory and expanding visibility among U.S. investors. The development follows structural enhancements made in February 2025, when Nexxen exchanged its former Nasdaq-listed ADRs for Ordinary Shares and streamlined to a single U.S. listing — a move the Company believes played a pivotal role in meeting the eligibility criteria for index inclusion. “We are proud to be selected for inclusion in the Russell 3000 Index which represents a meaningful recognition of Nexxen’s momentum and the value we’re delivering to shareholders through strong execution and our strategic shift to a streamlined trading structure,” said Ofer Druker, Chief Executive Officer of Nexxen. “This milestone reflects the strength of our strategy, the power of our robust technology platform, and the growing impact we are having in shaping the global advertising technology ecosystem — made possible by our talented employees and the continued support of our stakeholders who believe in our journey.” About Nexxen Nexxen empowers advertisers, agencies, publishers and broadcasters around the world to utilize data and advanced TV in the ways that are most meaningful to them. Our flexible and unified technology stack comprises a demand-side platform (“DSP”) and supply-side platform (“SSP”), with the Nexxen Data Platform at its core. With streaming in our DNA, Nexxen’s robust capabilities span discovery, planning, activation, monetization, measurement and opti...