Business
MySize Issues CEO Letter to Stockholders
MySize, Inc. (NASDAQ: MYSZ), a fashion-tech company built around businesses that help brands reduce returns and move inventory more efficiently, today issued a Letter to Shareholders from Ronen Luzon, Chief Executive Officer.
About this update from My Size, Inc.
[{"type":"text","content":"AIRPORT CITY, Israel, March 3, 2026 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ), a fashion-tech company built around businesses that help brands reduce returns and move inventory more efficiently, today issued a Letter to Shareholders from Ronen Luzon, Chief Executive Officer.","length":282,"tagName":"p"},{"type":"image","alt":"My Size Inc. logo","displaySize":"","headline":null,"caption":"My Size Inc. logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":200,"url":"https://media.zenfs.com/en/prnewswire.com/8eed3c6d43becf8f57f050485ec336d5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ch49UhOzjnUpKZrYdYb0NQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM1MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/8eed3c6d43becf8f57f050485ec336d5","width":400,"height":200}}},{"type":"text","content":"Dear Shareholders,","length":18,"tagName":"p"},{"type":"text","content":"As previously announced, on March 2, 2026, MySize received a notice from The Nasdaq Stock Market stating that the closing bid price of the Company's shares of common stock had been below $1.00 for 30 consecutive trading days. In accordance with Nasdaq rules, the Company has been provided 180 calendar days, or until August 31, 2026, to regain compliance.*","length":360,"tagName":"p"},{"type":"text","content":"The notice does not impact our operations, customers, or financial position and has no immediate effect on the listing or trading of our shares. MySize common stock continues to trade on Nasdaq under the symbol MYSZ.","length":216,"tagName":"p"},{"type":"text","content":"We intend to regain compliance within the permitted period. Our approach is straightforward: we believe that execution is the best remedy. Our focus remains on strengthening the business, improving revenue quality, and building long-term shareholder value.","length":256,"tagName":"p"},{"type":"text","content":"MySize generated approximately $10 million in revenue during 2025 across our platform. Orgad, our Amazon-focused overstock and infrastructure business, operated at gross margins of approximately 40% for the year ended December 31, 2025, and provided a stable revenue base. That stability gives us scale as we expand higher-margin activities.","length":341,"tagName":"p"},{"type":"text","content":"We continue to serve enterprise clients across our sizi...