Tattooed Chef Added to Russell Microcap® Index
27 June 2022 - 10:30PM
Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed
Chef” or the “Company”), a leader in plant-based foods, announced
today that it was added to the Russell Microcap® Index at the
conclusion of the 2022 Russell indexes annual reconstitution,
effective after the US market opens on June 27.
Membership in the Russell Microcap® 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.
“Tattooed Chef’s addition to the Russell
Microcap® Index offers an exciting opportunity to elevate our
Company’s profile among investors and enhance our visibility,” said
Sam Galletti, President and CEO of Tattooed Chef. “We are proud of
the success we have enjoyed in scaling our business while
implementing initiatives to drive efficiencies, reduce costs,
expand margins, and enhance our competitive profile. We are driven
by the belief that everybody has a plant-based side, and will
continue to introduce new and delicious plant-based food for a wide
range of eating occasions, flavor profiles, and nutritional needs.”
Russell indexes are widely used by investment
managers and institutional investors for index funds and as
benchmarks for active investment strategies. Approximately $12
trillion in assets are benchmarked against Russell’s US indexes.
Russell indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell Microcap®
Index and the Russell indexes reconstitution, go to the “Russell
Reconstitution” section on the FTSE Russell website.
About Tattooed ChefTattooed
Chef is a leading plant-based food company offering a broad
portfolio of innovative and sustainably sourced plant-based foods.
Tattooed Chef’s signature products include ready-to-cook bowls,
zucchini spirals, riced cauliflower, acai and smoothie bowls,
cauliflower crust pizza, handheld burritos, and quesadillas, which
are available in the frozen food sections of leading national
retail food and club stores across the United States as well as on
Tattooed Chef’s e-commerce site. Understanding consumer lifestyle
and food trends, a commitment to innovation, and self-manufacturing
allows Tattooed Chef to continuously introduce new products.
Tattooed Chef provides approachable, great tasting and chef-created
products to the growing group of plant-based consumers as well as
the mainstream marketplace. For more information, please visit
www.tattooedchef.com.
Follow us on social: Facebook, Instagram,
TikTok, Twitter, and LinkedIn and Taste the Jams on Spotify.
Forward Looking StatementsThis
notice contains forward-looking statements (including within the
meaning of the Private Securities Litigation Reform Act of 1995)
concerning us and other matters. These statements may discuss
goals, intentions and expectations as to future plans or events,
based on current beliefs of management, as well as assumptions made
by, and information currently available to, management.
Forward-looking statements may be accompanied by words such as
“expect,” “will” or similar words, phrases or expressions. These
forward-looking statements are subject to various risks and
uncertainties, many of which are outside our control, including
those described in “Risk Factors” in our annual report on Form 10-K
for the year ended December 31, 2021. We caution readers not to
place undue reliance upon any forward-looking statements.
INVESTORS |
Stephanie
Dieckmann, CFO |
|
Devin
Sullivan, SVP |
Tattooed Chef |
|
The Equity Group Inc. |
(562) 602-0822 |
|
(212) 836-9608 |
|
|
dsullivan@equityny.com |
|
|
|
|
|
Karin Daly, VP |
|
|
The Equity Group Inc. |
|
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(212) 836-9623 |
|
|
kdaly@equityny.com |
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