8-K: KULR Technology Group Set to Join Prestigious Russell 3000 Index, Boosting Visibility and Liquidity

KULR Technology Group, a leader in sustainable energy management, announced its inclusion in the broad-market Russell 3000 Index, effective June 30, 2025, a move expected to enhance its visibility and liquidity among institutional investors.

Summary

• KULR Technology Group, Inc. (NYSE American: KULR) is set to join the Russell 3000 Index, effective after the United States market opens on June 30, 2025.
• This inclusion is part of the 2025 Russell indexes reconstitution, which annually captures the 4,000 largest US stocks ranked by total market capitalization as of April 30.
• Membership in the Russell 3000 Index ensures automatic inclusion in either the large-cap Russell 1000 Index or small-cap Russell 2000 Index, as well as appropriate growth and value style indexes.
• KULR will also be included in the Russell Microcap Index.
• The Company anticipates this milestone will enhance both its visibility and liquidity among institutional investors.
• Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies, with approximately $10.6 trillion in assets benchmarked against Russell US indexes as of the end of June 2024.
• KULR Technology Group specializes in cutting-edge energy storage solutions for space, aerospace, and defense, leveraging in-house battery design, testing, and fabrication capabilities.
• On December 4, 2024, KULR announced its Board of Directors agreed to include Bitcoin as a primary asset in its treasury program, committing up to 90% of surplus cash to Bitcoin acquisition.

Sentiment

Score: 8

Explanation: The announcement of KULR's inclusion in the Russell 3000 Index is a significant positive development, expected to enhance visibility and liquidity, which are favorable outcomes for shareholders and the company's market standing.

Positives

• Inclusion in the Russell 3000 Index is expected to significantly enhance KULR's visibility among a broader range of institutional investors.
• The Company anticipates increased liquidity for its stock due to its inclusion in widely benchmarked Russell indexes.
• Automatic inclusion in either the Russell 1000 or Russell 2000 Index, along with relevant growth and value style indexes, further solidifies its market position.
• The recognition by FTSE Russell, a global index provider, validates KULR's growth trajectory and market capitalization.

Risks

• The release contains forward-looking statements based on current expectations, forecasts, and assumptions that involve risks and uncertainties.
• Actual results may differ materially from stated or implied forward-looking statements due to risks and uncertainties associated with the business.
• Risk factors are disclosed in the Company's Form 10-K filed with the Securities and Exchange Commission on March 31, 2025, and may be amended or supplemented by other reports.

Future Outlook

KULR expects its inclusion in the Russell 3000 Index to significantly enhance its visibility and liquidity among institutional investors. FTSE Russell also plans to transition to a semi-annual reconstitution frequency for its US indexes from 2026 to ensure continued accurate market representation.

Management Comments

• Michael Mo, CEO of KULR, stated: 'KULR is honored to be included in both the Russell 3000 and Russell Microcap Indexes. This marks another important milestone in our growth trajectory and is expected to enhance both our visibility and liquidity among institutional investors.'
• Fiona Bassett, CEO of FTSE Russell, an LSEG business, commented: 'The Russell indexes have continuously adapted to the evolving dynamic US economy, and its crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency from 2026 will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark.'

Industry Context

The Russell indexes are critical benchmarks in the financial industry, widely used by investment managers and institutional investors for index funds and active investment strategies. Approximately $10.6 trillion in assets are benchmarked against the Russell US indexes, highlighting the significant impact of inclusion on a company's market profile and investor interest. KULR's entry into this broad-market index signifies its growing presence within the US equity market.

Comparison to Industry Standards

• KULR's inclusion in the Russell 3000 Index means it is now recognized among the 4,000 largest US stocks by total market capitalization, aligning it with a significant benchmark for US equity performance.
• The Russell 3000 Index is a standard for broad market exposure, and KULR's entry positions it alongside a diverse range of companies that meet the objective market-capitalization and style attribute criteria set by FTSE Russell.

Stakeholder Impact

• Shareholders: Expected to benefit from enhanced visibility and increased liquidity of KULR stock, potentially leading to improved trading dynamics and investor interest.
• Institutional Investors: KULR's inclusion in the Russell 3000 Index will make it automatically eligible for inclusion in various index funds and ETFs, potentially leading to increased institutional investment.

Next Steps

• KULR's inclusion in the Russell 3000 Index will become effective after the United States market opens on June 30, 2025.

Key Dates

Keywords

KULR Technology Group, Russell 3000 Index, Index Inclusion, Russell Microcap Index, NYSE American, Energy Storage Solutions, Battery Technology, Institutional Investors, Liquidity, Visibility, FTSE Russell, SEC Filing, 8-K