JanOne (JAN) to Join Russell Microcap Index

June 3, 2024 12:09 PM EDT

JanOne Inc. (Nasdaq: JAN) announced today that it has been added to the Russell Microcap® Index.

The Russell Microcap® Index was launched on June 1, 2005 and measures the performance of the microcap segment of the US Equity market and consists of 1,000 securities, including Virgin Galactic HLDG, Skye Bioscience, Bitcoin Depot Inc., Core Scientific, Hut 8 Corp., and Sonder Holdings Inc., to name a few. The Russell Microcap® Index is one of several indices published by the London Stock Exchange Group plc and its subsidiaries under the FTSE Brand. More information can be found at: https://www.lseg.com/en/ftse-russell.

"Joining the Russell Microcap® Index is an important milestone for our company, especially at this juncture in our development and days after the closing of our acquisition of ALT 5 Sigma," said Tony Isaac, CEO of JanOne Inc. "The FTSE Russell Indices are widely used by investment managers and institutional investors for index funds and as a benchmark for active investment strategies, and this addition will create great visibility for our company," further added Mr. Isaac.

About ALT 5 Sigma Inc.

Launched in 2018, ALT 5 is a fintech company that provides next generation blockchain-powered technologies to enable a migration to a new global financial paradigm. ALT 5, through its subsidiaries, offers two main platforms to its customers: "ALT 5 Pay" and "ALT 5 Prime."

ALT 5 Pay is a crypto-currency payment gateway that enables registered and approved global merchants to accept and make crypto-currency payments or to integrate the ALT 5 Pay payment platform into their application or operations using the plugin with WooCommerce and or ALT 5 Pay's checkout widgets and APIs. Merchants have the option to convert to fiat currency (US Dollars, Canadian Dollars, Euros, and British Pounds Sterling) automatically or to receive their payment in digital assets.

ALT 5 Prime is an electronic over-the-counter trading platform that enables registered and approved customers to buy and sell digital assets. Customers can purchase digital assets with fiat and, equally, can sell digital assets and receive fiat. ALT 5 Prime is available through a browser-based access mobile phone application named "ALT 5 Pro" that can be downloaded from the Apple App Store, from Google Play, through ALT 5 Prime's FIX API, as well as through Broadridge Financial Solutions' NYFIX gateway for approved customers.



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