MySize Inc. Begins Trading on NASDAQ Capital Market
25 Juillet 2016 - 12:12PM
MySize Inc. (TASE:MYSZ) (NASDAQ:MYSZ), a developer of a unique
measurement technology based on sophisticated algorithms with broad
applications in a variety of areas from the apparel e-commerce
market to Do It Yourself Smartphone and tablet applications, today
announced that it has received the approval to list its common
stock on the NASDAQ Capital Market under the symbol, MYSZ.
Trading on the NASDAQ will become effective at the open of trading
on Monday, July 25, 2016.
In addition, the Company is listed on the Tel
Aviv Stock Exchange and its common stock trades under the symbol
MYSZ.
Ronen Luzon, Chief Executive Officer of MySize,
stated, “This is a major milestone for MySize. The NASDAQ
Capital Market will provide MySize the exposure necessary to propel
the Company forward within the U.S. investor market. This
move will raise the visibility of our growth strategy, enable
us to better communicate our news and progress to our current
shareholder base and will help us reach a broader audience.
Our listing on the NASDAQ emphasizes our commitment to generating
long-term value for our shareholders."
About MYSIZE
MySize Inc. (TASE:MYSZ) (NASDAQ:MYSZ) developed
a unique measurement technology based on sophisticated algorithms
with broad applications in a variety of areas, from the apparel
e-commerce market to Do It Yourself smartphone & tablet apps.
The technology is driven by several patent-pending algorithms which
are able to calculate and record measurements in a variety of novel
ways. To learn more about MySize, please visit the website located
at www.mysizeid.com.
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains certain
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
These statements are identified by the use of the words "could,"
"believe," "anticipate," "intend," "estimate," "expect," "may,"
"continue," "predict," "potential," "project" and similar
expressions that are intended to identify forward-looking
statements. All forward-looking statements speak only as of
the date of this press release. You should not place undue reliance
on these forward-looking statements. Although we believe that our
plans, objectives, expectations and intentions reflected in or
suggested by the forward-looking statements are reasonable, we can
give no assurance that these plans, objectives, expectations or
intentions will be achieved. Forward-looking statements
involve significant risks and uncertainties (some of which are
beyond our control) and assumptions that could cause actual results
to differ materially from historical experience and present
expectations or projections. Known material factors that
could cause actual results to differ materially from those in the
forward-looking statements include: an active trading market for
our common stock may not develop on NASDAQ; the trading price for
our common stock may fluctuate significantly; and the Company will
continue to be a "controlled company," as defined under NASDAQ
rules, and the interests of our controlling stockholder may differ
from those of our public stockholders. Forward-looking
statements also are affected by the risk factors described in the
Company's filings with the U.S. Securities and Exchange
Commission. Except as required by law, we undertake no
obligation to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, after the date on which the statements are made or to
reflect the occurrence of unanticipated events.
Contact person:
Eli Walles Chairman of the board
Tel: +972 6009030
Fax: +972 6009040
Eli@mysizeid.com
My Size (NASDAQ:MYSZ)
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