Aterian (NASDAQ: ATER), a leading technology enabled consumer products platform, today announced that it is set to join the small-cap Russell 2000 Index and broad-market Russell 3000 Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the opening of the U.S. market on June 28. “We are very pleased that Aterian is set to join the Russell 2000 Index,” said Yaniv Sarig, co-founder and CEO of Aterian. “Inclusion in this index is a reflection of the progress we have made since going public in 2019 and marks another step forward in continuing to expand our reach more broadly within the investment community.”
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About Aterian Inc.
Aterian is a leading technology enabled consumer products platform that builds, acquires and partners with best-in-class e-commerce brands by harnessing proprietary software and an agile supply chain to create top-selling consumer products. The company’s cloud-based platform, Artificial Intelligence Marketplace Ecommerce Engine (“AIMEE(TM)”), leverages machine learning, natural language processing and data analytics to streamline the management of products at scale across the world’s largest online marketplaces, including Amazon, Shopify and Walmart. Aterian has thousands of SKUs across 14 owned and operated brands and sells products in multiple categories, including home and kitchen appliances, health and wellness, beauty, and consumer electronics. For more information about the company, visit www.Aterian.io.
NOTE TO INVESTORS: The latest news and updates relating to ATER are available in the company’s newsroom at https://ibn.fm/ATER
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