On September 2, 2021 I-Mab (the "Company") (Nasdaq: IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, reported that I-Mab will be added to the following FTSE Global Equity Index Series ("GEIS"), following FTSE’s most recent semi-annual review (Press release, I-Mab Biopharma, SEP 2, 2021, View Source [SID1234587208]). These inclusions will become effective after the market close on Friday, September 17, 2021:
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FTSE Global Mid Cap Index
FTSE All-World Index
FTSE Global All Cap Index
FTSE Global Total Cap Index
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. FTSE GEIS provides a robust global equity index framework. The series includes over 16,000 large, mid, small, and micro cap securities across 49 developed and emerging markets globally, with a wide range of modular indexes available to target specific markets and market segments. For more information, please refer to the Index page on FTSE’s website at View Source
"The FTSE indices are one of the most visible and well-tracked index families in the world. Being included in this marquee equity index series is a tremendous honor and validation of the inspiring journey I-Mab has travelled since its IPO in January 2020," commented Mr. Jielun Zhu, Director and Chief Financial Officer of I-Mab. "This significant capital market milestone marks the third flagship equity index series I-Mab has been added to, following its inclusion in the NASDAQ Biotech Index in December 2020 and the MSCI China All Shares Index in May 2021. Our recent interim corporate updates have demonstrated that we are not only making rapid progress advancing our deep and highly innovative pipeline globally, but are also well on our way to grow into a fully integrated biopharma company in the next few years. We are extremely excited to share the fruits of our future success with our shareholders."