Barfresh to be Added to the Russell Microcap® Index
June 27 2022 - 8:30AM
Barfresh Food Group, Inc. (the “Company” or “Barfresh”) (Nasdaq:
BRFH), a provider of frozen, ready-to-blend and ready-to-drink
beverages, will be joining the Russell Microcap® Index at the
conclusion of the 2022 Russell indexes annual reconstitution,
effective after the U.S. Market Open on June 27, 2022.
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.
Riccardo Delle Coste, the Company’s Chief
Executive Officer, stated, “We have made tremendous improvements in
our business over the past year, including very strong top line
growth and product expansion. Being added to the Russell Microcap®
index is validation of those improvements and we believe being
added to the index will improve awareness of our strong growth
story.”
Russell 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 US indexes.
Russell indexes are part of FTSE Russell, a leading global index
provider.
About Barfresh Food Group
Barfresh Food Group, Inc. (Nasdaq: BRFH) is a
developer, manufacturer and distributor of ready-to-blend and
ready-to-drink beverages, including smoothies, shakes and frappes,
primarily for the education market, foodservice industry and
restaurant chains, delivered as fully prepared individual portions
or single serving and bulk formats for on-site preparation. The
Company's single serving, on-site prepared product utilizes a
proprietary, patented system that uses portion-controlled
pre-packaged beverage ingredients, delivering a freshly made frozen
beverage that is quick, cost efficient, better for you and without
waste. Barfresh has a distribution partnership with the leading
food distributor in North America. For more information,
please visit www.barfresh.com.
Investor RelationsJohn
MillsICR646-277-1254John.Mills@icrinc.com
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