Innovid Corp. (NYSE:CTV) (the “Company”), a leading software
platform for the creation, delivery, measurement, and optimization
of advertising across connected TV (CTV), linear TV, and digital,
today announced that it is set to join the broad-market Russell
3000® Index at the conclusion of the 2024 Russell US Indexes annual
reconstitution, effective at the open of US equity markets on
Monday, July 1, according to a preliminary list of additions posted
Friday, May 24.
The annual Russell US Indexes reconstitution captures the 4,000
largest US stocks as of Tuesday, April 30, ranking them by total
market capitalization. Membership in the US all-cap Russell 3000®
Index, which 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.
“We are thrilled to join the Russell 3000® Index, one of the
most widely referenced benchmarks in US equity markets,” said Zvika
Netter, CEO and co-founder of Innovid. “We remain focused on
delivering shareholder value and believe the inclusion in the
Russell 3000® will provide exposure to a broader set of
institutional investors.”
Russell indexes 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 December 2023, about $10.5 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 3000® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1996. The Company's actual
results may differ from its expectations, estimates, and
projections and consequently, you should not rely on these
forward-looking statements as predictions of future events. Words
such as "expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "continue," "aim," and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, the Company's expectations regarding its future
financial results, expected growth, and future market opportunity.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results, including Innovid's ability
to achieve and, if achieved, maintain profitability, decrease
and/or changes in CTV audience viewership behavior, Innovid's
failure to make the right investment decisions or to innovate and
develop new solutions, inaccurate estimates or projections of
future financial performance, Innovid's failure to manage growth
effectively, the dependence of Innovid's revenues and business on
the overall demand for advertising and a limited number of
advertising agencies and advertisers, the actual or potential
impacts of international conflicts and humanitarian crises on
global markets, the rejection of digital advertising by consumers,
future restrictions on Innovid's ability to collect, use and
disclose data, market pressure resulting in a reduction of
Innovid's revenues per impression, Innovid's failure to adequately
scale its platform infrastructure, exposure to fines and liability
if advertisers, publishers and data providers do not obtain
necessary and requisite consents from consumers for Innovid to
process their personal data, competition for employee talent,
seasonal fluctuations in advertising activity, payment-related
risks, interruptions or delays in services from third parties,
errors, defects, or unintended performance problems in Innovid's
platform, intense market competition, failure to comply with the
terms of third party open source components, changes in tax laws or
tax rulings, failure to maintain an effective system of internal
controls over financial reporting, failure to comply with data
privacy and data protection laws, infringement of third party
intellectual property rights, difficulty in enforcing Innovid's own
intellectual property rights, system failures, security breaches or
cyberattacks, additional financing if required may not be
available, the volatility of the price of Innovid's common stock
and warrants, and other important factors discussed under the
caption "Risk Factors" in Innovid's Annual Report on Form 10-K
filed with the SEC on February 29, 2024, as such factors may be
updated from time to time in its other filings with the SEC,
accessible on the SEC's website at www.sec.gov and the Investors
Relations section of Innovid's website at investors.innovid.com.
You should carefully consider the risks and uncertainties described
in the documents filed by the Company from time to time with the
U.S. Securities and Exchange Commission. These filings identify and
address other important risks and uncertainties that could cause
actual events and results to differ materially from those contained
in the forward-looking statements. Most of these factors are
outside the Company's control and are difficult to predict. The
Company cautions not to place undue reliance upon any
forward-looking statements, including projections, which speak only
as of the date made. The Company does not undertake or accept any
obligation to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or any change in events, conditions or circumstances
on which any such statement is based.
About Innovid
Innovid (NYSE:CTV) is a leading enterprise software platform for
the creation, delivery, measurement, and optimization of
advertising across connected TV (CTV), linear TV, and digital.
Through a global infrastructure that enables cross-platform ad
serving, data-driven creative, and measurement, Innovid offers its
clients always-on intelligence to optimize advertising investments
across channels, platforms, screens, and devices. Innovid is an
independent platform that leads the market in converged TV
innovation, through proprietary technology and exclusive
partnerships designed to reimagine TV advertising. Headquartered in
New York City, Innovid serves a global client base through offices
across the Americas, Europe, and Asia Pacific. To learn more, visit
innovid.com or follow us on LinkedIn or X.
About FTSE Russell
FTSE Russell is a leading global provider of benchmarking,
analytics, and data solutions for investors, giving them a precise
view of the market relevant to their investment process. A
comprehensive range of reliable and accurate indexes provides
investors worldwide with the tools they require to measure and
benchmark markets across asset classes, styles, or strategies.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. For over 30 years,
leading asset owners, asset managers, ETF providers and investment
banks have chosen FTSE Russell indexes to benchmark their
investment performance and create ETFs, structured products, and
index-based derivatives.
FTSE Russell is focused on applying the highest industry
standards in index design and governance, employing transparent
rules-based methodology informed by independent committees of
leading market participants. FTSE Russell fully embraces the IOSCO
Principles, and its Statement of Compliance has received
independent assurance. Index innovation is driven by client needs
and customer partnerships, allowing FTSE Russell to continually
enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit
https://www.lseg.com/en/ftse-russell.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240530451419/en/
Investor Contact Lauren Hartman – IR@innovid.com
Media Contact Megan Garnett Coyle – megan@innovid.com
Innovid (NYSE:CTV)
過去 株価チャート
から 12 2024 まで 1 2025
Innovid (NYSE:CTV)
過去 株価チャート
から 1 2024 まで 1 2025
