Irvine, CA - June 14, 2022 - Boustead Securities, LLC (“Boustead”) clients Cerberus Cyber Sentinel Corporation (NASDAQ: CISO), a Managed Compliance and Cybersecurity Provider, and Focus Universal Inc (NASDAQ: FCUV), a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G, have been added to the broad-market Russell 3000 Index, effective after the U.S. markets opens on June 27, 2022. Membership in the U.S. all-cap Russell 3000 Index remains in place for one year.
Annual reconstitution of the Russell indexes captures the 4,000 largest U.S. stocks as of May 6, 2022, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000®Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. Russell Indexes are part of FTSE Russell, a leading global index provider. Investment managers and institutional investors widely use them as the basis for index funds and as benchmarks for active investment strategies. According to FTSE Russell, approximately $12 trillion in assets are benchmarked to, or invested in, products based on the Russell U.S. Indexes.
More information on the Russell indexes and their annual reconstitution is available on the FTSE Russell website.
About Cerberus Cyber Sentinel Corporation
Cerberus Sentinel (NASDAQ:CISO) is an industry leader in Managed Cybersecurity and Compliance (MCCP) services with its exclusive MCCP+ managed compliance and cybersecurity services plus culture program. The company is rapidly expanding by acquiring world-class cybersecurity, secured managed services, and compliance companies with top-tier talent that utilize the latest technology to create innovative solutions to protect the most demanding businesses and government organizations against continuing and emerging security threats and compliance obligations.
About Focus Universal Inc
Focus Universal Inc. (NASDAQ:FCUV) is a provider of patented hardware and software design technologies for Internet of Things (IoT) and 5G. The company has developed four disruptive patented technologies to solve the major problems facing hardware design, hardware production, software design and network communication facing both industries today. These technologies combined have the potential to reduce costs, product development timelines and energy usage, while increasing range, speed, efficiency and security for these industries.
About Boustead Securities, LLC
Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority-owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information visit please visit: www.boustead1828.com