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FatPipe, Inc. Continues Membership in Russell Microcap(R) Index

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FatPipe (NASDAQ:FATN) announced it will continue as a member of the Russell Microcap Index following the June 2026 semi-annual reconstitution, effective June 29, 2026. Membership, based on market-cap rankings, also brings inclusion in relevant growth and value style indexes for half a year.

FatPipe notes prior addition in June 2025 and reports 90% year-over-year quarterly revenue growth and 18% full-year fiscal 2026 revenue growth, supported by channel expansion through partnerships such as TD SYNNEX.

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AI-generated analysis. Not financial advice.

Positive

  • Continued inclusion in Russell Microcap Index after June 2026 reconstitution
  • Automatic inclusion in related growth and value style indexes for half a year
  • Reported 90% year-over-year quarterly revenue growth
  • Reported 18% full-year revenue growth in fiscal 2026
  • Expansion of sales channel through partnerships such as TD SYNNEX

Negative

  • None.

News Market Reaction – FATN

+4.47%
11 alerts
+4.47% News Effect
+7.6% Peak Tracked
-18.0% Trough Tracked
+$4M Valuation Impact
$94.67M Market Cap
0.7x Rel. Volume

On the day this news was published, FATN gained 4.47%, reflecting a moderate positive market reaction. Argus tracked a peak move of +7.6% during that session. Argus tracked a trough of -18.0% from its starting point during tracking. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $4M to the company's valuation, bringing the market cap to $94.67M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q4 revenue growth: 90% year-over-year Full-year revenue growth: 18% Assets benchmarked: $12.2 trillion +5 more
8 metrics
Q4 revenue growth 90% year-over-year Quarterly revenue growth referenced for fiscal 2026
Full-year revenue growth 18% Full-year revenue growth in fiscal 2026
Assets benchmarked $12.2 trillion Assets benchmarked against Russell U.S. indexes as of end of June 2025
Index universe size up to 4,000 stocks Number of largest U.S. stocks captured in Russell U.S. indexes
Membership duration half a year Tenure of Russell Microcap Index membership after June 2026 reconstitution
Index inclusion streak second consecutive year Consecutive inclusion in Russell Microcap and Russell 3000E indexes
Reconstitution effective date June 29, 2026 Effective date of June 2026 Russell indexes semi-annual reconstitution
Ranking date April 30 Date used to rank U.S. stocks by market capitalization for Russell indexes

Peers on Argus

FATN was up about 7.7% while momentum peers were mixed, with one stock up and tw...
1 Up 2 Down

FATN was up about 7.7% while momentum peers were mixed, with one stock up and two down. The split directions and limited peer participation indicate today’s move is more stock-specific than sector-driven.

Historical Context

5 past events · Latest: Jun 22 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jun 22 Industry award Positive +5.5% Recognition of Total Security 360 platform with a 2026 Visionary Spotlight Award.
Jun 18 Industry award Positive -4.2% SD-WAN platform honored with a 2026 Visionary Spotlight Award from ChannelVision.
Jun 11 Product launch Positive +2.9% Launch of SATBoost software targeting Starlink, Viasat and Amazon LEO connections.
May 27 Product award Positive +16.1% Secure SD-WAN & Total Security 360 received 2026 MSP Today Product of the Year.
May 22 Analyst valuation Positive -0.3% Zacks Small-Cap Research raised its valuation range for FATN shares.
Pattern Detected

Recent news, especially awards and product updates, often coincides with gains, though the stock sometimes diverges and dips on positive headlines.

Regulatory & Risk Context

Short Interest: 1.4%
Short Interest
1.4% of float
0% 15% 30%+
low as of 2026-05-29 Days to cover: 1

Short positioning appears relatively low, suggesting limited short-squeeze potential and generally reduced volatility risk from forced short covering alone.

Market Pulse Summary

This announcement underscores continued Russell Microcap inclusion and follows reported revenue grow...
Analysis

This announcement underscores continued Russell Microcap inclusion and follows reported revenue growth of 90% quarterly and 18% annually. History shows mixed price reactions to good news; investors may watch index-related visibility against execution and growth sustainability risks.

Key Terms

software-defined wide area networking, sd-wan, sase, russell microcap index, +1 more
5 terms
software-defined wide area networking technical
"a pioneer and multiple patents holder in enterprise-class software-defined wide area networking (SD-WAN)"
Software-defined wide area networking (SD‑WAN) is a method of managing and directing data traffic between offices, cloud services and remote users using software rather than fixed physical circuits. Like a smart traffic controller that chooses the fastest, cheapest route for each vehicle, SD‑WAN improves performance, reliability and security while lowering connectivity costs and simplifying management. Investors care because it can reduce operating expenses, enable faster rollout of digital services, and affect demand for networking and cloud-related spending.
sd-wan technical
"enterprise-class software-defined wide area networking (SD-WAN) and single-stack cybersecurity solutions"
SD‑WAN is a technology that uses software to control and direct wide-area network traffic between offices, data centers and cloud services instead of relying solely on traditional hardware routers. Think of it as a smart traffic manager that chooses the fastest, cheapest or safest route for each data flow, improving performance, cutting telecom costs and simplifying upgrades. Investors care because it can lower operating expenses, enable faster cloud adoption and create steady demand for networking and security services.
sase technical
"next-generation SD-WAN, SASE, and cybersecurity solutions to enterprises modernizing their network"
SASE, or Secure Access Service Edge, is a modern technology that combines network security and access management into a single, cloud-based service. It ensures that users can safely connect to company resources from anywhere, much like having a secure, virtual gatekeeper that protects digital information. For investors, SASE matters because it reflects how organizations are adopting advanced security measures to support flexible, remote work environments and protect valuable data.
russell microcap index financial
"it qualified to continue as a member of the Russell Microcap® Index following the June 2026"
A broad market index that tracks the performance of the smallest publicly traded U.S. companies by market value, the Russell Microcap Index measures how tiny, often early-stage or niche firms are doing overall. Investors use it like a thermometer: it shows the health and trends of the micro-cap segment, helps compare fund performance, and guides decisions about risk, diversification and potential for high growth or volatility.
ftse russell financial
"FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization"
FTSE Russell is a global index provider that creates and maintains lists (indexes) showing how groups of stocks perform, similar to a scoreboard that ranks companies by size, sector and trading activity. Investors use these indexes as benchmarks and as the basis for investment products like index funds and ETFs, so when a stock is added or removed it can trigger buying or selling that affects its price and liquidity.

AI-generated analysis. Not financial advice.

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SALT LAKE CITY, UT / ACCESS Newswire / June 29, 2026 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class software-defined wide area networking (SD-WAN) and single-stack cybersecurity solutions, today announced that it qualified to continue as a member of the Russell Microcap® Index following the June 2026 Russell indexes semi-annual reconstitution, effective when the U.S. market opens on June 29.

The June reconstitution of the Russell U.S. indexes captures up to the 4,000 largest U.S. stocks as of April 30, ranking them by total market capitalization. Membership in the Russell Microcap® Index, which remains in place for half a year beginning 2026, 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.

FatPipe was first added to the Russell Microcap® Index and the Russell 3000E™ Index in June 2025.

Dr. Ragula Bhaskar, CEO of FatPipe, Inc. comments:

"We are proud to continue our inclusion in the Russell Microcap® Index and the Russell 3000E™ Index for the second consecutive year. Since our initial addition in June 2025, FatPipe has delivered significant growth, including 90% year-over-year quarterly revenue growth and 18% full-year revenue growth in fiscal 2026, while expanding our channel through strategic partnerships such as TD SYNNEX. As we continue to scale our platform and bring next-generation SD-WAN, SASE, and cybersecurity solutions to enterprises modernizing their network infrastructure, our continued Russell index membership reflects the momentum we are building. We remain focused on driving sustainable growth and creating long-term value for our shareholders."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2025, about $12.2 trillion in assets are benchmarked against the Russell U.S. indexes, which belong to FTSE Russell, the global index provider.

Forward-Looking Statements

Certain statements contained in this press release, may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, those described in FatPipe's filings with the U.S. Securities and Exchange Commission. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

About FatPipe Inc.

FatPipe, Inc. (NASDAQ:FATN) pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs, and allows companies and service providers to control multi-link network traffic. FatPipe introduced Total Security 360, a single-stack cybersecurity and network security solution providing control over data within company and sovereign boundaries. FatPipe currently has 13 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, visit www.fatpipe.com. Follow us on X @FatPipe_Inc.

About FTSE Russell, an LSEG Business

FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.

FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $21.20 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.

A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.

FTSE Russell is wholly owned by LSEG.

For more information, visit FTSE Russell.

Contacts:
Vikrant Ragula
Director of Investor Relations
FatPipe Networks
+1 801.683-5656 x 1140
investor.ir@fatpipeinc.com

SOURCE: FatPipe Networks


View the original press release on ACCESS Newswire

FAQ

What did FatPipe (NASDAQ:FATN) announce about the Russell Microcap Index on June 29, 2026?

FatPipe announced it qualified to continue as a member of the Russell Microcap Index, effective when U.S. markets opened on June 29, 2026. According to FatPipe, this maintains its inclusion in relevant growth and value style indexes for the upcoming half-year period.

How long will FatPipe remain in the Russell Microcap Index after the June 2026 reconstitution?

Membership in the Russell Microcap Index remains in place for half a year beginning 2026. According to FatPipe, this continued inclusion follows the June 2026 Russell U.S. indexes semi-annual reconstitution, which ranks up to 4,000 U.S. stocks by total market capitalization.

What recent revenue growth did FatPipe (FATN) highlight with its Russell Microcap membership news?

FatPipe highlighted 90% year-over-year quarterly revenue growth and 18% full-year fiscal 2026 revenue growth. According to FatPipe, these results have been achieved since its initial Russell index addition in June 2025, alongside expansion of its channel through strategic partnerships such as TD SYNNEX.

When was FatPipe first added to the Russell Microcap and Russell 3000E indexes?

FatPipe was first added to the Russell Microcap Index and the Russell 3000E Index in June 2025. According to FatPipe, the June 2026 decision marks its second consecutive year of inclusion across both Russell benchmarks tied to market-capitalization rankings.

Why is Russell Microcap Index membership important for FatPipe (FATN) investors?

Russell indexes are widely used as benchmarks by investment managers and institutional investors. According to FTSE Russell data cited by FatPipe, about $12.2 trillion in assets were benchmarked to Russell U.S. indexes as of late June 2025, potentially increasing visibility and index-linked ownership.

What business focus did FatPipe emphasize alongside its Russell index inclusion in 2026?

FatPipe emphasized scaling its SD-WAN, SASE and cybersecurity platform for enterprises modernizing network infrastructure. According to FatPipe, it plans to continue expanding through strategic partnerships while focusing on sustainable growth and long-term shareholder value alongside its ongoing Russell index membership.