zSpace Set to Join Russell 2000® and 3000® Indexes
Rhea-AI Summary
zSpace (NASDAQ: ZSPC), a leader in AR/VR education, announced its upcoming inclusion in the Russell 2000® and Russell 3000® Indexes as part of the quarterly Russell US Index IPO additions, effective March 24, 2025.
The inclusion in these prestigious indexes, which serve as key performance benchmarks for the U.S. equity market with approximately $10.6 trillion in assets benchmarked against them, represents a significant milestone for zSpace. The Russell 2000® Index is widely recognized and used by investment managers and institutional investors for index funds and active investment strategies.
Positive
- Inclusion in Russell 2000® and 3000® Indexes increases visibility to institutional investors
- Access to $10.6 trillion benchmark-linked investment pool
- Recognition as a growing technology company worthy of index inclusion
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ZSPC gained 13.49%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SAN JOSE, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- zSpace (NASDAQ: ZSPC), a leader in augmented and virtual reality (AR/VR) education, today announced that it will join the Russell 2000® and the Russell 3000® Indexes as part of the quarterly Russell US Index initial public offering (IPO) additions, effective after the U.S. market opens on March 24, 2025.
“zSpace’s inclusion in the Russell 2000® Index is a significant milestone that reflects our continued growth and the increasing impact of our immersive learning solutions,” said Paul Kellenberger, CEO of zSpace. “We are excited to join the ranks of other innovative companies in the Russell indexes and look forward to the expanded visibility among investors as we advance our mission to transform education through augmented and virtual reality technology.”
Membership in the U.S. Russell 2000® Index means inclusion in a widely recognized benchmark used by investment managers and institutional investors for index funds and active investment strategies. Russell indexes serve as a key performance measure for the U.S. equity market, with approximately
For more information on the Russell 2000® Index and the quarterly IPO additions, visit the FTSE Russell website.
About zSpace
zSpace, Inc. delivers innovative augmented and virtual reality (AR/VR) experiences that drive achievement in STEM, CTE, and career readiness programs. Trusted by over 3,500 school districts, technical centers, community colleges, and universities, zSpace allows students and teachers to experience learning in the classroom that may otherwise be dangerous, impossible, counterproductive, or expensive using traditional techniques. Headquartered in San Jose, California, zSpace holds over 70 patents and our hands-on “learning by doing” solutions have been shown to enhance the learning process and drive higher student test scores, as evidenced by a study on the utility of 3D virtual reality technologies for student knowledge gains published in the Journal of Computer Assisted Learning in 2021.
For more information, visit www.zspace.com or follow @zSpace on social media.
zSpace Press:
Amanda Austin
408-498-4050
press@zspace.com
zSpace Investor Relations:
Gateway Group
Cody Slach, Alex Thompson
949-574-3860
ZSPC@gateway-grp.com
FAQ
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