Freshworks Set to Join S&P SmallCap 600
Repligen’s acquisition of BioLife Solutions is expected to be completed soon, pending final closing conditions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Freshworks (FRSH) will replace BioLife Solutions (BLFS) in the S&P SmallCap 600 before trading opens on October 8, 2026. Freshworks will enter the index in the Information Technology sector, while BioLife Solutions will leave the Health Care sector. Repligen (RGEN), an S&P MidCap 400 constituent, is acquiring BioLife Solutions.
Key Figures
- Index change effective date
- October 8, 2026
- S&P SmallCap 600 replacement, effective prior to the market open
Historical Context
-
Reported Repligen’s acquisition agreement, enterprise value, and expected fourth-quarter closing.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
gics technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
|
Effective Date |
Index Name |
Company Name |
Ticker |
GICS Sector |
|
|
October 8, 2026 |
S&P SmallCap 600 |
Addition |
Freshworks |
FRSH |
Information Technology |
|
October 8, 2026 |
S&P SmallCap 600 |
Deletion |
BioLife Solutions |
BLFS |
Health Care |
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.
FOR MORE INFORMATION:
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
View original content:https://www.prnewswire.com/news-releases/freshworks-set-to-join-sp-smallcap-600-302899001.html
SOURCE S&P Dow Jones Indices
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
When will Freshworks join the S&P SmallCap 600, and which company will it replace?
Freshworks (FRSH) will join the S&P SmallCap 600 before trading opens on October 8, 2026, replacing BioLife Solutions (BLFS).