Current Report Filing (8-k)
25 Janvier 2019 - 10:38PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
FORM 8-K
CURRENT REPORT
Pursuant to Section
13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported): January 22, 2019
MY SIZE, INC.
(Exact name of registrant
as specified in its charter)
Delaware
|
|
001-37370
|
|
51-0394637
|
(State
or other jurisdiction
of incorporation)
|
|
(Commission File
Number)
|
|
(IRS
Employer
Identification No.)
|
3 Arava St.,
pob 1026,
Airport City,
Israel 7010000
(Address of principal
executive offices and Zip Code)
Registrant’s
telephone number, including area code
+972-3-600-9030
N/A
(Former name or
former address, if changed since last report)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
☐
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
☐
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Indicate by check
mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth
company ☐
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On
January 22, 2019, My Size, Inc. (the “Company”) was notified (the “Notification Letter”) by The Nasdaq
Stock Market, LLC (“Nasdaq”) that it is not in compliance with the minimum bid price requirements set forth in Nasdaq Listing
Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires
listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides
that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business
days. Based on the closing bid price of the Company’s common stock for the 30 consecutive business days prior to the date
of the Notification Letter, the Company no longer meets the minimum bid price requirement. The Notification Letter has no
immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market and, at this time,
the common stock will continue to trade on the Nasdaq Capital Market under the symbol “MYSZ”.
The
Notification Letter provides that the Company has 180 calendar days, or until July 22, 2019, to regain compliance with Nasdaq Listing
Rule 5550(a)(2). To regain compliance, the bid price of the Company's common stock must have a closing bid price of at least $1.00
per share for a minimum of 10 consecutive business days. If the Company does not regain compliance by July 22, 2019, an additional
180 days may be granted to regain compliance, so long as the Company meets the Nasdaq Capital Market continued listing
requirements (except for the bid price requirement) and notifies Nasdaq in writing of its intention to cure the
deficiency during the second compliance period. If the Company does not qualify for the second compliance period or fails to regain
compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the
Company's common stock, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings
Panel.
The
Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available
options, including, but not limited to, implementing a reverse stock split of its outstanding securities, to regain compliance
with the minimum bid price requirement under the Nasdaq Listing Rules.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
|
MY
SIZE, INC.
|
|
|
|
Date:
January 25, 2019
|
By:
|
/s/
Ronen Luzon
|
|
Name:
|
Ronen
Luzon
|
|
Title:
|
Chief
Executive Officer
|
My Size (NASDAQ:MYSZ)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
My Size (NASDAQ:MYSZ)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024