Friday, June 09, 2017 8:28:19 PM
On June 5, 2017, My Size, Inc. (the “Company”) received written notice from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) notifying the Company that for the preceding 30 consecutive business days, the Company’s common stock did not maintain a minimum Market Value of Listed Securities of $35 million (“MVLS Requirement”) per share as required by NASDAQ Listing Rule 5550(b)(2). The notice has no immediate effect on the listing or trading of the Company’s common stock and the common stock will continue to trade on The NASDAQ Capital Market under the symbol “MYSZ” at this time.
In accordance with NASDAQ Listing Rule 5810(c)(3)(C), the Company has a grace period of 180 calendar days, or until December 4, 2017, to regain compliance with NASDAQ Listing Rule 5550(b)(2). Compliance can be achieved automatically and without further action if the MLVS is at or above $35 million for a minimum of 10 consecutive business days at any time during the 180-day compliance period, in which case NASDAQ will notify the Company of its compliance and the matter will be closed. The Company will endeavor to rectify the situation and to meet the MVLS Requirement.
http://ih.advfn.com/p.php?pid=nmona&article=74971779&symbol=MYSZ
Recent MYSZ News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 01:07:28 PM
- MySize Reports Second Quarter 2024 Financial Results • PR Newswire (US) • 08/14/2024 01:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/12/2024 08:15:43 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/16/2024 12:03:47 PM
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