electroCore to Join Russell Microcap® Index
16 Junho 2021 - 9:00AM
electroCore, Inc. (NASDAQ: ECOR), a commercial-stage
bioelectronic medicine company, announced today the addition of its
stock to the broad-market Russell Microcap
® Index
after its 2021 annual reconstitution, effective after the open of
trading on June 28, 2021, according to a preliminary list of
additions posted by FTSE Russell on June 4, 2021.
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.
“We are pleased to have been selected to join the Russell
Microcap® Index,” said Brian Posner, Chief
Financial Officer of electroCore. “Inclusion in the index should
increase our exposure to the investment community and represents an
important step in providing continued value for our
shareholders.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $10.6 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 electroCore, Inc.electroCore, Inc. is a
commercial-stage bioelectronic medicine company dedicated to
improving patient outcomes through its non-invasive vagus nerve
stimulation therapy platform, initially focused on the treatment of
multiple conditions in neurology. The company's current indications
are the preventive treatment of cluster headache and migraine and
the acute treatment of migraine and episodic cluster headache.
For more information, visit www.electrocore.com.
Forward-Looking StatementsThis press release
may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such
forward-looking statements include, but are not limited to,
statements regarding the impact of electroCore’s inclusion in the
Russell Microcap® Index, electroCore's business prospects, its
sales and marketing and product development plans, future cash flow
projections, anticipated costs, its product portfolio or potential
markets for its technologies, the availability and impact of payor
coverage, the potential of nVNS generally and gammaCore in
particular to treat COVID-19, and other statements that are not
historical in nature, particularly those using terminology such as
"anticipates," "expects," "believes," "intends," other words of
similar meaning, derivations of such words and the use of future
dates. Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the ability to obtain additional financing
necessary to continue electroCore's business, sales and marketing
and product development plans, the uncertainties inherent in the
development of new products or technologies, the ability to
successfully commercialize gammaCore™, competition in the industry
in which electroCore operates and general market conditions. All
forward-looking statements are made as of the date of this press
release, and electroCore undertakes no obligation to update
forward-looking statements or to update the reasons why actual
results could differ from those projected in the forward-looking
statements, except as required by law. Investors should refer to
all information set forth in this document and should also refer to
the disclosure of risk factors set forth in the reports and other
documents electroCore files with the SEC, available at
www.sec.gov.
Investors:
Rich Cockrell
CG Capital
404-736-3838
ecor@cg.capital
or
Media Contact:
Summer Diaz
electroCore
816-401-6333
summer.diaz@electrocore.com
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