Freshworks to Join S&P SmallCap 600 Index on Oct. 8

Freshworks Inc. is set to enter the S&P SmallCap 600 index when markets open Thursday, October 8, replacing BioLife Solutions Inc., which is being acquired by S&P MidCap 400 member Repligen Corp., according to an announcement dated October 5, 2026.

Index changes of this kind are typically triggered when a current constituent is removed due to a merger or acquisition, prompting index managers to select a replacement that meets eligibility criteria for market capitalization, liquidity, and financial viability. Freshworks, a cloud-based customer experience and IT software company traded on the Nasdaq under the ticker FRSH, fits the profile for SmallCap 600 inclusion.

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BioLife Solutions, which trades under the ticker BLFS, will exit the SmallCap 600 as a result of Repligen's acquisition. Repligen, listed under RGEN, is a current component of the S&P MidCap 400, a separate tier in the S&P family of U.S. equity benchmarks.

Inclusion in an S&P index often draws increased investor attention because index-tracking funds are required to purchase shares of newly added companies, which can temporarily affect trading volume and share price dynamics around the effective date.

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