MySize regains full compliance with all NASDAQ listing standards
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My Size, Inc., the developer and creator of smartphone measurement applications, announced today it has received two letters from The Nasdaq Stock Market indicating that it has regained compliance with the minimum bid price rule and the market value of listed securities rule. Nasdaq further indicated that, based on My Size's full compliance, the Company's stock will continue to be listed and trade on The Nasdaq Stock Market.
"We are very pleased to be in full compliance with Nasdaq's listing requirements. We remain committed to continuing to develop innovative smartphone based measurement technologies which can significantly improve the online and physical retail shopping experience and to delivering long-term value to our shareholders," said My Size CEO, Ronen Luzon.
MySize is coming off a very strong 2017 year. They received a strong response to their measurement technology at CES in Las Vegas. Their stock has also been gaining traction as retailers continue to show interest in the company.