CORRECTING and REPLACING - Beam Global
June 22 2021 - 1:32PM
In a release issued earlier today by Beam Global (Nasdaq: BEEM,
BEEMW), please note the announcement has been revised to reflect
that the company will be added to the Russell 2000® Index rather
than the FTSE Russell Microcap Index, as originally issued.
Complete corrected text follows:
Beam Global to be Added to the Russell
2000® Index
Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of
innovative sustainable technology for electric vehicle (EV)
charging, outdoor media and energy security, announced it will be
added to the Russell 2000® Index which will be reconstituted and
effective after the U.S. market opens on June 28, 2021.
“Being added to the Russell 2000 Index is validation of the work
we have diligently engaged in since our Nasdaq listing just over
two years ago,” said Beam Global CEO Desmond Wheatley. “Our
superior product offering, successful sales strategy and careful
management of cash all represent the values of a Russell index
company and we are proud to be added.”
The Russell 2000® Index measures the performance of the
small-cap segment of the US equity universe. It includes
approximately 2,000 of the smallest securities based on a
combination of their market cap and current index membership. The
Russell 2000® is constructed to provide a comprehensive and
unbiased small-cap barometer and is completely reconstituted
annually to ensure larger stocks do not distort the performance and
characteristics of the true small-cap opportunity set.
About Beam GlobalBeam Global is a CleanTech
leader that produces innovative, sustainable technology for
electric vehicle (EV) charging, outdoor media, and energy security,
without the construction, disruption, risks and costs of grid-tied
solutions. Products include the patented EV ARC™ and Solar Tree®
lines with BeamTrak™ patented solar tracking, and ARC Technology™
energy storage, along with EV charging, outdoor media and disaster
preparedness packages.
The company develops, patents, designs, engineers and
manufactures unique and advanced renewably energized products that
save customers time and money, help the environment, empower
communities and keep people moving. Based in San Diego, the company
produces Made in America products. Beam Global is listed on Nasdaq
under the symbols BEEM and BEEMW (formerly Envision Solar, EVSI,
EVSIW). For more information visit https://BeamForAll.com/,
LinkedIn, YouTube and Twitter.
Forward-Looking Statements This Beam
Global Press Release may contain forward-looking statements. All
statements in this Press Release other than statements of
historical facts are forward-looking statements.
Forward-looking statements are generally accompanied by terms or
phrases such as “estimate,” “project,” “predict,” “believe,”
“expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,”
“will,” “should,” “may,” or other words and similar expressions
that convey the uncertainty of future events or
results.
Media ContactNext PR+1
813-526-1195Press@BeamForAll.com
Investor Relations:Kathy
McDermottIR@BeamForAll.com+1 858-295-7661
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