{"id":760969,"date":"2023-05-31T08:37:40","date_gmt":"2023-05-31T12:37:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wag-group-co-to-join-russell-microcap-index\/"},"modified":"2023-05-31T08:37:40","modified_gmt":"2023-05-31T12:37:40","slug":"wag-group-co-to-join-russell-microcap-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wag-group-co-to-join-russell-microcap-index\/","title":{"rendered":"Wag! Group Co. to Join Russell Microcap\u00ae Index"},"content":{"rendered":"

<\/p>\n

Wag! Group Co. to Join Russell Microcap\u00ae<\/sup> Index<\/b><\/p>\n

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–Wag!<\/b><\/a> (Wag! Group Co., Nasdaq: PET), which strives to be the number one platform for Pet Parents, offering on-demand access to five-star pet care, pet insurance options, premium pet products, and expert pet advice, is set to join the Russell Microcap\u00ae<\/sup> Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19.<\/p>\n

\nMembership in the Russell Microcap\u00ae<\/sup> Index, which remains in place for one year, 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.<\/p>\n

\n\u201cWe\u2019re honored to have been identified by Russell to join their ecosystem of Indexes and to be included in the index in 2023,” said Wag! CFO, Alec Davidian.<\/p>\n

\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.<\/p>\n

\n\u201cThis achievement reflects our commitment to becoming the top dog in the pet care industry, and we are grateful for the support of FTSE Russell, our team, and the entire Wag! community. We look forward to the paw-pportunities it will bring,” added Garrett Smallwood, CEO and Chairman of Wag!.<\/p>\n

\nFor more information on the Russell Microcap\u00ae<\/sup> Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the FTSE Russell website<\/a>.<\/p>\n

About Wag! Group Co.<\/b><\/p>\n

\nWag! Group Co. strives to be the #1 platform for busy Pet Parents. The Wag! app offers access to 5-star dog walking, sitting, and one-on-one training from its community of 450,000 pet caregivers nationwide. In addition, Wag! Group Co. operates Petted<\/a>, the nation\u2019s largest pet insurance comparison marketplace, Dog Food Advisor<\/a>, one of the most visited and trusted pet food review platforms, maxbone<\/a>, a digital platform for modern pet essentials, and Furmacy<\/a>, software to simplify pet prescriptions. For more information, visit wag.co<\/a>.<\/p>\n

About FTSE Russell<\/b><\/p>\n

\nFTSE 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.<\/p>\n

\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 trillion is currently benchmarked to FTSE Russell indexes. 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.<\/p>\n

\nA 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.<\/p>\n

\nFTSE Russell is wholly owned by London Stock Exchange Group.<\/p>\n

\nFor more information, visit www.ftserussell.com<\/a>.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words \u201canticipate,\u201d \u201cexpect,\u201d \u201csuggests,\u201d \u201cplan,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cestimates,\u201d \u201ctargets,\u201d \u201cprojects,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cforecast\u201d and other similar expressions are intended to identify forward-looking statements. These statements include those related to the Company\u2019s ability to further develop and advance its pet service offerings and achieve scale; ability to attract and retain personnel; market opportunity, anticipated growth, and future financial performance, including management\u2019s financial outlook for the future. 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. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: management\u2019s financial outlook for the future; market adoption of the Company\u2019s pet service offerings and solutions; failure to realize the financial benefits of acquisitions; the ability of the Company to protect its intellectual property; changes in the competitive industries in which the Company operates; changes in laws and regulations affecting the Company\u2019s business; the Company\u2019s ability to implement its business plans, forecasts and other expectations, and identify and realize additional partnerships and opportunities; and the risk of downturns in the market and the technology industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the \u201cRisk Factors\u201d section of the Company\u2019s filings, including the Annual Report on Form 10-K for the year ended December 31, 2022. 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. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company 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. The Company does not give any assurance that it will achieve its expectations.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230531005408\/en\/<\/a><\/span><\/p>\n

\nMedia: Media@wagwalking.com
\n<\/a>
Partnerships: Partnerships@wagwalking.com<\/a><\/p>\n

Investor Relations
\n<\/b>
Wag!: IR@wagwalking.com
\n<\/a>
ICR for Wag!: WagIR@icrinc.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Software Pets Finance Professional Services Technology Apps\/Applications Consumer Other Technology<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Wag! Group Co. to Join Russell Microcap\u00ae Index SAN FRANCISCO–(BUSINESS WIRE)–Wag! (Wag! Group Co., Nasdaq: PET), which strives to be the number one platform for Pet Parents, offering on-demand access to five-star pet care, pet insurance options, premium pet products, and expert pet advice, is set to join the Russell Microcap\u00ae Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, according to a preliminary list of additions posted May 19. Membership in the Russell Microcap\u00ae Index, which remains in place for one year, 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 … <\/p>\n

Continue reading “Wag! Group Co. to Join Russell Microcap\u00ae Index”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760969","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWag! Group Co. to Join Russell Microcap\u00ae Index - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wag-group-co-to-join-russell-microcap-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wag! Group Co. to Join Russell Microcap\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Wag! 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