Noticias y eventos de My Size Inc (MYSZ)MYSZMy Size Inc

MySize Subsidiary Naiz Fit Signs LOI to Acquire EyeFitU Assets

MySize announced that its subsidiary Naiz Fit has signed a non-binding Letter of Intent to acquire selected assets of EyeFitU AG, a Switzerland-based provider of digital sizing and fit technology for fashion brands and retailers. The proposed acquisition includes EyeFitU's proprietary sizing algorithms, platform technology and codebase, Shopify integration APIs, FootScanner application, anonymized sizing databases, trademarks, domain portfolio, customer contracts, and CRM data. Upon closing, these assets are expected to be integrated into the Naiz Fit platform to enhance its AI-powered sizing capabilities and expand its global customer base. EyeFitU has established relationships with international fashion and sportswear brands, including HEAD, Paul & Shark, POC Sweden, Giant, Assos, Ecoalf, Odlo, and CMP. EyeFitU's existing customer base generates approximately $440,000 in annual recurring revenue. Upon closing, this revenue is expected to transfer to Naiz Fit and be accretive to the company's annual revenue. The company believes this revenue base has the potential to grow over time as EyeFitU's customer relationships and technology are integrated into the Naiz Fit platform. Through this transaction, MySize expects to strengthen its presence in Northern Europe and expand its reach in additional international markets where EyeFitU has developed brand relationships.

MySize CEO Letter States Intent to Regain Nasdaq Compliance

MySize issued a Letter to Shareholders from Ronen Luzon, CEO, which read in part, "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. 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. 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. MySize generated approximately $10M 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. We continue to serve enterprise clients across our sizing platform and maintain active commercial relationships across all business units. At the same time, we are increasing the contribution of businesses that we believe can improve our overall margin profile. In September 2025, we formed 10peaks, a wholly owned regional distribution and retail subsidiary operating across Israel, Greece, Cyprus, and Malta...We believe the strength of MySize is not just diversification, but how the businesses connect. Orgad provides scale, Naiz Fit improves conversion and reduces returns, Percentil monetizes excess inventory, and 10peaks adds a higher-margin commercial channel. Together, they create a more balanced and resilient company. Our strategy is simple: grow revenue, increase the share of higher-margin activities, and improve operating leverage over time. We understand that bid price matters. The most durable way to address it is by delivering results. We remain disciplined, focused, and committed to building long-term value for our shareholders."