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Vuzix to Be Added to Russell 3000 and Russell 2000 Indexes

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Vuzix Corporation (NASDAQ: VUZI), a provider of smart glasses and AR technologies, is set to join the Russell 3000® Index and Russell 2000® Index following FTSE Russell's 2025 annual reconstitution. The inclusion will be effective after market opening on June 27, 2025. The Russell indexes, which benchmark approximately $10.6 trillion in assets, capture the 3,000 largest US stocks by market capitalization. CEO Paul Travers highlighted this as a transformational milestone that will enhance the company's visibility among institutional investors.

Vuzix Corporation (NASDAQ: VUZI), fornitore di occhiali intelligenti e tecnologie AR, entrerà a far parte del Russell 3000® Index e del Russell 2000® Index a seguito della ristrutturazione annuale 2025 di FTSE Russell. L'inclusione sarà effettiva dopo l'apertura del mercato il 27 giugno 2025. Gli indici Russell, che rappresentano circa 10,6 trilioni di dollari in asset, includono le 3.000 maggiori azioni statunitensi per capitalizzazione di mercato. Il CEO Paul Travers ha sottolineato che si tratta di una tappa fondamentale che aumenterà la visibilità dell'azienda tra gli investitori istituzionali.

Vuzix Corporation (NASDAQ: VUZI), proveedor de gafas inteligentes y tecnologías AR, se incorporará al Russell 3000® Index y al Russell 2000® Index tras la reconstitución anual 2025 de FTSE Russell. La inclusión será efectiva después de la apertura del mercado el 27 de junio de 2025. Los índices Russell, que representan aproximadamente 10,6 billones de dólares en activos, agrupan las 3,000 mayores acciones estadounidenses por capitalización de mercado. El CEO Paul Travers destacó que este es un hito transformador que mejorará la visibilidad de la empresa entre los inversores institucionales.

Vuzix Corporation (NASDAQ: VUZI)는 스마트 글래스 및 AR 기술 제공업체로, FTSE Russell의 2025년 연례 재구성에 따라 Russell 3000® 지수Russell 2000® 지수에 편입될 예정입니다. 편입은 2025년 6월 27일 시장 개장 후에 발효됩니다. 약 10.6조 달러 규모의 자산을 벤치마크하는 Russell 지수는 시가총액 기준 미국 상위 3,000개 주식을 포함합니다. CEO 폴 트래버스는 이번 편입이 기관 투자자들 사이에서 회사의 가시성을 크게 높이는 변혁적 이정표라고 강조했습니다.

Vuzix Corporation (NASDAQ : VUZI), fournisseur de lunettes intelligentes et de technologies AR, rejoindra le Russell 3000® Index et le Russell 2000® Index suite à la reconstitution annuelle 2025 de FTSE Russell. L’inclusion prendra effet après l’ouverture du marché le 27 juin 2025. Les indices Russell, qui représentent environ 10,6 billions de dollars d’actifs, regroupent les 3 000 plus grandes actions américaines par capitalisation boursière. Le PDG Paul Travers a souligné qu’il s’agit d’une étape majeure qui renforcera la visibilité de l’entreprise auprès des investisseurs institutionnels.

Vuzix Corporation (NASDAQ: VUZI), ein Anbieter von Smart Glasses und AR-Technologien, wird nach der jährlichen Neustrukturierung 2025 von FTSE Russell in den Russell 3000® Index und den Russell 2000® Index aufgenommen. Die Aufnahme wird nach Börsenöffnung am 27. Juni 2025 wirksam. Die Russell-Indizes, die etwa 10,6 Billionen US-Dollar an Vermögenswerten abbilden, umfassen die 3.000 größten US-Aktien nach Marktkapitalisierung. CEO Paul Travers bezeichnete dies als einen wegweisenden Meilenstein, der die Sichtbarkeit des Unternehmens bei institutionellen Investoren erhöhen wird.

Positive
  • Inclusion in Russell 3000 and Russell 2000 indexes increases visibility to institutional investors
  • Automatic inclusion in appropriate growth and value style indexes
  • Exposure to $10.6 trillion in assets benchmarked against Russell's US indexes
Negative
  • None.

Insights

Vuzix's addition to Russell indexes signals increased visibility to institutional investors and potential for improved liquidity and passive investment flows.

Vuzix's upcoming inclusion in the Russell 3000® and Russell 2000® Indexes represents a significant milestone for the augmented reality technology provider. This development indicates the company has reached the market capitalization threshold necessary for index inclusion, positioning it among the 3,000 largest publicly traded companies in the US market.

The reconstitution will become effective on June 27, following FTSE Russell's annual rebalancing process which ranks eligible US equities based on their total market capitalization. For context, the Russell indexes are extraordinarily influential, with approximately $10.6 trillion in assets benchmarked against them.

This inclusion carries several practical implications for Vuzix shareholders. First, it creates automatic buying pressure as index funds and ETFs tracking these benchmarks will need to purchase VUZI shares to maintain proper weighting. Second, it enhances trading liquidity, potentially reducing bid-ask spreads. Third, it expands visibility among institutional investors who often limit their universe to index constituents.

The company's CEO characterizing the past year as "transformational" and noting this is a "re-addition" to the indexes suggests Vuzix previously qualified but had fallen out - likely due to market cap fluctuations. This re-inclusion may indicate a period of stabilization or growth in the company's fundamentals or market valuation.

For investors tracking small-cap technology stocks, particularly in the AR/VR space, this development serves as a validation of Vuzix's market position, though the index addition itself doesn't directly reflect changes in the company's operational performance or growth prospects.

ROCHESTER, N.Y., May 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2025 Russell indexes annual reconstitution, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. Vuzix' inclusion will become effective after the US market opens on June 27.

Annual Russell indexes reconstitution captures the 3,000 largest US stocks, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which currently remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

"The past year has been transformational for Vuzix and we are pleased to see our shares will soon be re-added to the Russell 2000® Index, one of the market's leading performance benchmarks in North America," said Paul Travers, President and CEO of Vuzix. "We feel this addition will help raise awareness and ownership of Vuzix within the institutional investment community."

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.

About Vuzix Corporation

Vuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality, as well OEM waveguide optical components and display engines. Vuzix holds more than 425 patents and patents pending and numerous IP licenses in the fields of optics, head-mounted displays, and the augmented reality wearables field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2024 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in: Rochester, NY; and Kyoto and Okayama, Japan.  For more information, visit the Vuzix website, Twitter and Facebook pages.

About FTSE Russell

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 $18.1 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 London Stock Exchange Group.

For more information, visit www.ftserussell.com.

Forward-Looking Statements Disclaimer

Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to the Company shares being included in the Russell Index and its potential impact on Vuzix shares and their trading, if any, and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.

Media and Investor Relations Contact:

Ed McGregor, Director of Investor Relations
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985

Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com

 

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SOURCE Vuzix Corporation

FAQ

When will Vuzix (VUZI) be added to the Russell 3000 Index?

Vuzix will be added to the Russell 3000 Index after the US market opens on June 27, 2025.

What does Vuzix's inclusion in the Russell indexes mean for the company?

The inclusion increases Vuzix's visibility to institutional investors and provides exposure to approximately $10.6 trillion in assets benchmarked against Russell's US indexes.

Which Russell indexes will VUZI be included in?

VUZI will be included in the Russell 3000® Index and Russell 2000® Index, along with appropriate growth and value style indexes.

How long will Vuzix remain in the Russell 3000 Index?

Membership in the Russell 3000 Index typically remains in place for one year.
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