LAS
VEGAS, June 3, 2024 /PRNewswire/ -- JanOne Inc.
(Nasdaq: JAN), a multidisciplinary organization with a focus on
healthcare and fintech, announced today that it has been added to
the Russell Microcap® Index.
The Russell Microcap® Index was
launched on June 1, 2005 and measures
the performance of the microcap segment of the US Equity market and
consists of 1,000 securities, including Virgin Galactic HLDG, Skye
Bioscience, Bitcoin Depot Inc., Core Scientific, Hut 8
Corp., and Sonder Holdings Inc., to name a few. The Russell
Microcap® Index is one of several indices published by
the London Stock Exchange Group plc and its subsidiaries under the
FTSE Brand. More information can be found at:
https://www.lseg.com/en/ftse-russell.
"Joining the Russell Microcap® Index
is an important milestone for our company, especially at this
juncture in our development and days after the closing of our
acquisition of ALT 5 Sigma," said Tony
Isaac, CEO of JanOne Inc. "The FTSE Russell Indices
are widely used by investment managers and institutional investors
for index funds and as a benchmark for active investment
strategies, and this addition will create great visibility for our
company," further added Mr. Isaac.
About ALT 5 Sigma Inc.
Launched in 2018, ALT 5 is a fintech company that
provides next generation blockchain-powered technologies to enable
a migration to a new global financial paradigm. ALT 5,
through its subsidiaries, offers two main platforms to its
customers: "ALT 5 Pay" and "ALT 5 Prime."
ALT 5 Pay is a crypto-currency
payment gateway that enables registered and approved global
merchants to accept and make crypto-currency payments
or to integrate the ALT 5 Pay payment platform into their
application or operations using the plugin with WooCommerce and or
ALT 5 Pay's checkout widgets and APIs. Merchants have the
option to convert to fiat currency (US Dollars, Canadian Dollars,
Euros, and British Pounds Sterling) automatically or to receive
their payment in digital assets.
ALT 5 Prime is an electronic over-the-counter
trading platform that enables registered and approved customers to
buy and sell digital assets. Customers can purchase digital
assets with fiat and, equally, can sell digital assets and receive
fiat. ALT 5 Prime is available through a browser-based access
mobile phone application named "ALT 5 Pro" that can be downloaded
from the Apple App Store, from Google Play, through ALT 5 Prime's
FIX API, as well as through Broadridge Financial Solutions' NYFIX
gateway for approved customers.
About JanOne
JanOne is a unique Nasdaq-listed,
multidisciplinary organization with a focus on healthcare and
fintech. Through its biotech activities, JanOne is developing
innovative, actionable solutions intended to help end the opioid
crisis. JanOne is dedicated to funding resources toward
innovation, technology, and education to find a key resolution to
the national opioid epidemic, which is one of the deadliest and
most widespread in the nation's history. Its drugs in the
clinical trial pipeline have shown promise for their innovative
targeting of the causes of pain as a strategic option for
physicians averse to exposing patients to addictive opioids.
JanOne's ALT 5 subsidiary is a global fintech
that provides next generation blockchain powered technologies for
the trading, clearing, settlement, payment, and custodianship of
digital instruments.
Please visit www.janone.com for additional information.
Forward Looking Statements
This press release contains statements that are
forward-looking statements as defined within the Private Securities
Litigation Reform Act of 1995, including, but not limited to,
statements relating to the statements that JAN 101 will treat PAD,
that JAN 123 will treat CRPS, the timing of the commencement of
clinical trials, that the FDA will permit approval through a
505(b)(2) pathway for JAN 123, that upon approval JAN 101 will
immediately disrupt the PAD market, and other statements, including
words such as "continue", "expect", "intend", "will", "hope"
"should", "would", "may", "potential" and other similar
expressions. This press release also contains statements and links
relating to the profitability and prospective growth of ALT 5's
platforms and business, including, but not limited to international
currency risks, third-party or customer credit risks, liability
claims stemming from Alt 5's services, and technology challenges
for future growth or expansion. Such statements reflect
JanOne's current view with respect to future events, are subject to
risks and uncertainties, and are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
JanOne, are inherently subject to significant business, economic,
competitive, political and social uncertainties and
contingencies.
Many factors could cause JanOne's actual results,
performance or achievements to be materially different from any
future results, performance or achievements described in this press
release. Such factors could include, among others, those
detailed in the Company's periodic reports filed with the
Securities and Exchange Commission (the "SEC"). Should one or
more of these risks or uncertainties materialize, or should the
assumptions set out in the section entitled "Risk Factors" in
JanOne's filings with the SEC underlying those forward-looking
statements prove incorrect, actual results may vary materially from
those described herein. These forward-looking statements are
made as of the date of this press release and JanOne does not
intend, and does not assume any obligation, to update these
forward-looking statements, except as required by law. JanOne
cannot assure that such statements will prove to be accurate as
actual results and future events could differ materially from those
anticipated in such statements. Individuals are cautioned
that forward-looking statements are not guarantees of future
performance and accordingly investors are cautioned not to put
undue reliance on forward-looking statements due to the inherent
uncertainty therein.
Media Contact Investor Relations
IR@janone.com
1-800-400-2247
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SOURCE JanOne Inc.