FORM Holdings Corp Added to the Russell Microcap Index
June 26 2017 - 8:30AM
FORM Holdings Corp. (“FORM”) (Nasdaq:FH), a diversified holding
company, today announced that it has been added to the Russell
Microcap Index as part of Russell Investments’ annual
reconstitution that took place after market close on June 23, 2017.
“We are excited for FORM’s inclusion in the
Russell Microcap Index,” stated Andrew Perlman, the Company’s Chief
Executive Officer. “Our acquisition of XpresSpa in December 2016
marked the beginning of our pursuit to become the preeminent health
and wellness service company in today’s public marketplace.
XpresSpa is a highly differentiated asset with substantial growth
potential. Our operational transition is nearly complete and
we expect our improving operations, along with the addition to the
Russell Microcap Index, will help increase our visibility within
the investment community and ultimately enhance shareholder value
as we communicate and execute on our strategic initiatives.”
The Russell Indices provide a comprehensive and
unbiased barometer for evaluating stock performance in the U.S. and
world-wide equity markets and are completely reconstituted annually
to ensure new and growing equities are reflected.
About FORM Holdings Corp.
FORM Holdings Corp. (NASDAQ:FH) is a publicly
held diversified holding company that specializes in identifying,
investing in and developing companies with superior growth
potential. FORM's current holdings include XpresSpa, Group
Mobile, FLI Charge, Infomedia and intellectual property
assets. XpresSpa is the world's largest airport spa company.
Group Mobile is a provider of rugged, mobile and field-use
computing products, serving customers worldwide. FLI Charge
designs, develops, licenses, manufactures and markets wireless
conductive power and charging solutions. Infomedia is a
leading provider of customer relationship management and
monetization technologies to mobile carriers and device
manufacturers. FORM Holdings' intellectual property division
is engaged in the development and monetization of intellectual
property. To learn more about Form Holdings Corp., visit:
www.FormHoldings.com.
Contacts:
FORM Holdings
Jeff Sonnek
ICR
646-277-1263
Jeff.Sonnek@icrinc.com
XpresSpa (NASDAQ:XSPA)
Historical Stock Chart
From Aug 2024 to Sep 2024
XpresSpa (NASDAQ:XSPA)
Historical Stock Chart
From Sep 2023 to Sep 2024