The company will join the index on June 27. Membership in the index lasts for one year, and also means the company will be included in growth and value style indexes.
"We are pleased to be included in the Russell Microcap Index and look forward to the additional investment community exposure this membership is expected to bring," Spherix CEO Anthony Hayes said in a press release. "Inclusion will further raise our profile as we continue to gain momentum in our efforts to monetize our portfolio of intellectual property patents."
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