Rumble Inc. Expands Its Presence with Russell Index Membership

Rumble Inc. Joins Prestigious Russell Indexes

Rumble Inc. (Nasdaq: RUM), a leading video-sharing platform and cloud services provider, has reached an exciting milestone by being added to the esteemed Russell 2000 and Russell 3000 indexes. This integration marks a significant achievement for the company, particularly as it follows the annual Russell indexes reconstitution.

Understanding the Importance of Russell Indexes

The Russell indexes include the 3,000 largest stocks in the U.S., ranked by market capitalization. The inclusion in the Russell 3000 Index not only solidifies Rumble's position among large-cap companies but also ensures entry into the smaller-cap Russell 2000 if conditions warrant. FTSE Russell uses market capitalization and style attributes to determine membership within these indexes, making it a credible benchmark for institutional investors.

Comments from Rumble’s Leadership

Chris Pavlovski, Chairman and CEO of Rumble, shared his enthusiasm regarding this development, stating, “We are pleased to announce that our Class A shares have been added to the Russell 2000 Index, a leading performance benchmark for the North American markets. It has been a transformational year thus far at Rumble, and we believe that this addition will increase awareness and ownership of our stock within the institutional investment community.”

The Impact of the Russell Index Membership

Being part of the Russell indexes is not just a prestige; it signifies a broader acknowledgment and growth potential within the investment community. With approximately $10.6 trillion in assets benchmarked against Russell's indexes, Rumble is positioned to attract more institutional investors, fostering a healthy growth trajectory for its Class A shares.

A Closer Look at Rumble’s Core Mission

Rumble aims to reshape the digital landscape by providing an independent platform that favors free and open internet practices. This mission resonates strongly with a diverse group of content creators and users determined to reclaim their online presence. By fostering a community that supports varied voices, Rumble not only enhances user engagement but also establishes itself as a significant player in the video-sharing industry.

Overview of FTSE Russell

FTSE Russell, a prominent entity in the realm of global index provision, plays a pivotal role in maintaining the integrity and innovation of indexes used worldwide. With a vast array of over 3,000 indexes calculated across numerous markets, their benchmarks form the backbone of many investment strategies globally. Financial institutions rely heavily on FTSE Russell indexes, enhancing their service offerings through structure and transparency.

Investor Relations Information

For those interested in further information about Rumble’s market performance, inquiries can be directed to Shannon Devine at MZ Group, MZ North America. She can be reached at 203-741-8811 or via email at investors@rumble.com.

Frequently Asked Questions

1. What does Rumble's inclusion in the Russell indexes signify?

Rumble's membership in the Russell 2000 and 3000 indexes enhances its visibility and credibility among institutional investors.

2. Who determines membership in the Russell indexes?

Membership is determined primarily by market capitalization rankings and style attributes set forth by FTSE Russell.

3. How does this addition affect Rumble's stock?

This inclusion is expected to bolster interest and ownership of Rumble's stock, especially among institutional investors seeking solid investments.

4. What is Rumble's mission?

Rumble is committed to creating a free and open internet, allowing diverse voices to thrive within its community.

5. Where can I find more information about Rumble?

For detailed insights on Rumble, you can visit their official website at corp.rumble.com.

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