Richtech Robotics Announces Preliminary Inclusion in US small-cap Russell 2000® Index

Rhea-AI Summary

Richtech Robotics (Nasdaq: RR), an AI-driven service robotics company, has been preliminarily selected for inclusion in the Russell 2000® Index, effective after market close on June 27, 2025. This inclusion, which remains valid for one year, comes as part of the 2025 Russell Indexes reconstitution. The company will also be automatically added to corresponding growth and value indexes. The Russell indices, which had approximately $10.6 trillion in benchmarked assets as of June 2024, are widely used by investment managers and institutional investors for index funds and active investment strategies. Richtech Robotics specializes in collaborative robotic solutions for the service industry, particularly in hospitality and healthcare sectors.

Positive

• Inclusion in Russell 2000® Index increases visibility to institutional investors and potential for increased trading volume
• Automatic addition to growth and value indexes broadens exposure to different investment strategies
• Reflects growing market confidence and momentum in the company's business model
• Access to $10.6 trillion in benchmarked assets could improve stock liquidity

Negative

• None.

Insights

Investment Index Specialist

Richtech Robotics' preliminary Russell 2000 inclusion signals institutional validation, potentially increasing visibility, liquidity and passive fund investments.

Richtech Robotics' preliminary inclusion in the Russell 2000® Index represents a significant milestone for the Nevada-based AI service robotics company. This development, scheduled to take effect after market close on June 27, 2025, carries several important implications for investors.

Index inclusion provides institutional validation of Richtech's market position and growth trajectory within the competitive AI robotics space. The Russell 2000® specifically tracks small-cap companies, suggesting Richtech has achieved meaningful market capitalization benchmarks relative to its peers.

Perhaps most consequential is the automatic investment exposure this creates. With approximately $10.6 trillion in assets benchmarked against Russell indexes, Richtech will now be included in numerous passive investment vehicles and ETFs tracking this index. This typically creates mandatory buying pressure as index funds must purchase shares to maintain proper tracking.

The inclusion also enhances trading liquidity and analyst coverage as institutional investors now have additional incentive to follow the company. For a technology firm in the emerging robotics service sector, this visibility can be particularly valuable for attracting both investor attention and potential business partnerships.

It's worth noting this is a preliminary inclusion, meaning final confirmation is still pending the official reconstitution on June 27. Additionally, inclusion is based on meeting specific market capitalization criteria rather than fundamental business performance metrics, though it does reflect market confidence in the company's prospects within the service robotics industry.

Las Vegas, NV, May 28, 2025 (GLOBE NEWSWIRE) -- Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or the “Company”), a Nevada-based provider of AI-driven service robots, announces that it has been selected for preliminary inclusion in the US small-cap Russell 2000^® Index, according to a preliminary list of additions published by FTSE Russell on Friday, May 23, 2025. The newly reconstituted indexes are expected to take effect after US market close on June 27, 2025, as part of the 2025 Russell Indexes reconstitution. Membership in the Russell 2000^® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000^® Index. The Company’s stock will also be automatically added to the appropriate growth and value indexes.

“We believe our preliminary inclusion in the Russell 2000^® Index represents a significant validation of the momentum we’re building at Richtech Robotics,” said Matt Casella, President of Richtech Robotics. “It reflects growing market confidence in our long-term vision and the impact our AI-driven automation is having across the service industry. We’re proud of our team’s commitment to innovation, operational excellence, and delivering value to both our customers and shareholders.”

Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, a prominent global index provider.

For more information on the Russell 2000^® and Russell 3000^® Indexes and the Russell indexes reconstitution, visit the "Russell Reconstitution" section on the FTSE Russell website.

About Richtech Robotics

Richtech Robotics is a provider of collaborative robotic solutions specializing in the service industry, including the hospitality and healthcare sectors. Our mission is to transform the service industry through collaborative robotic solutions that enhance the customer experience and empower businesses to achieve more. By seamlessly integrating cutting-edge automation, we aspire to create a landscape of enhanced interactions, efficiency, and innovation, propelling organizations toward unparalleled levels of excellence and satisfaction. Learn more at www.RichtechRobotics.com.

Forward Looking Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Such forward-looking statements include, but are not limited to, statements regarding Richtech Robotics’ inclusion in the Russell Index and the potential impact, if any, of such inclusion on Richtech Robotics’ stock.

These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements include, among others, risks and uncertainties related to Richtech Robotics’ products, industry and general economic and market conditions. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the SEC on March 4, 2025, the IPO registration statement and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Investors:
CORE IR
Matt Blazei
ir@richtechrobotics.com

Media: 
Timothy Tanksley
Director of Marketing
Richtech Robotics, Inc
press@richtechrobotics.com
702-534-0050

FAQ

When will Richtech Robotics (RR) be added to the Russell 2000 Index?

Richtech Robotics is expected to be added to the Russell 2000 Index after US market close on June 27, 2025, as part of the 2025 Russell Indexes reconstitution.

What does Richtech Robotics' inclusion in the Russell 2000 Index mean for investors?

The inclusion increases the company's visibility to institutional investors, potentially improving trading volume and liquidity, as approximately $10.6 trillion in assets are benchmarked against Russell US indexes.

What sectors does Richtech Robotics (RR) operate in?

Richtech Robotics operates in the service industry, specifically providing AI-driven collaborative robotic solutions for the hospitality and healthcare sectors.

How long will Richtech Robotics remain in the Russell 2000 Index?

Membership in the Russell 2000 Index remains in place for one year, subject to the annual Russell Indexes reconstitution process.

What other indexes will RR stock be included in besides the Russell 2000?

In addition to the Russell 2000 Index, RR stock will be automatically added to the appropriate Russell growth and value indexes.