Benzinga | Jun 22, 2021 08:52AM EDT

Beam Global Added To The FTSE Russell Microcap 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 has been added to the FTSE Russell Microcap Index.

"Being added to the Russell 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 have been added."

The Russell Microcap Index measures the performance of the microcap segment of the U.S. equity market and is constructed to provide a comprehensive and unbiased barometer for the microcap segment trading on national exchanges. The Index is completely reconstituted annually to ensure new and growing equities are reflected and companies continue to reflect appropriate capitalization and value characteristics.