Inclusion in the index will take effect after the U.S. market opens on June 27, 2022. Shares of MoneyLion Class A common stock will be automatically added to the appropriate growth and value style indexes.
“Joining the Russell 3000® Index is yet another significant milestone for MoneyLion as a young public company on a mission to redefine consumer finance for hard working Americans,” stated MoneyLion Co-Founder and CEO, Dee Choubey. “We welcome the enhanced visibility and distribution provided by our inclusion in the Russell 3000® Index as a way to broaden awareness and engagement within the institutional Investor community as we execute on our strategy.”