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Quantum-Si Set to Join the Russell 2000® Index
First of its kind life sciences company continues focus on commercial launch of next-generation protein sequencing platform GUILFORD, Conn.--(BUSINESS
About this update from Quantum-si Incorporated
[{"type":"text","content":"\nFirst of its kind life sciences company continues focus on commercial launch of next-generation protein sequencing platform\n\n GUILFORD, Conn.--(BUSINESS WIRE)--\nJune 22, 2022--Quantum-Si Incorporated (Nasdaq: QSI) (“Quantum-Si,” “QSI” or the “Company”), a life sciences company commercializing single molecule protein sequencing, is set to join the broad-market Russell 2000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens on June 27, 2022 according to a preliminary list of additions posted by FTSE Russell on June 3, 2022.\n\nAnnual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 6, 2022, ranking them by total market capitalization. Membership in the Russell 2000®, Russell 3000® and Russell Microcap® indexes, 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.\n\n“We are pleased Quantum-Si is set to join the Russell 2000® index, and we believe this will enhance the overall awareness and exposure of our stock in the investment community,” said Dr. Jonathan Rothberg, interim Chief Executive Officer. “We recently marked our one-year anniversary as a publicly traded company and joining the Russell 2000® Index is an important validation of our commitment to increasing shareholder value and advancing our next-generation, single molecule protein sequencing platform.”\n\nRussell 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 U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.\n\nFor more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.\n\nAbout Quantum-Si Incorporated\n\nQuantum-Si is focused on revolutionizing the growing field of proteomics. The Company's suite of technologies is powered by a first-of-its-kind semiconductor chip designed to enable single molecule next-generation protein sequencing and digitize proteomic research in order to ad...