MY SIZE, INC. (NYSE:MY) Files An 8-K Other Events
On April 20, 2017, MySize, Inc. (the Company) received a
communication from the Israeli Postal Service (the Israeli Post)
terminating its relationship and ceasing further discussions.
Previously, on April 18, 2017, MySize announced it had entered
into a cooperation agreement with Israel Post which was
mischaracterized by the Company as a definitive agreement. The
Company and the Israeli Post had exchanged letters under which it
was agreed to enter into a non-exclusive pilot program, to which
the Israeli Post would decide whether it would enter negotiations
with Mysize regarding the purchase of the product and under which
commercial terms. On April 19, 2017, the Company issued a
corrective press release explaining that that while MySize had
submitted a proposal to the Israel Post, which was initially
received favorably, the parties had not entered into or signed
any formal or definitive agreement, and did not expect to enter
into a formal or definitive agreement with respect to the pilot
program or new services until the completion of the development
and trial periods.
The Israel Post expressed its discontent with the release of
inaccurate information, and has elected to cease communication
with the Company.
|Item9.01.||Financial Statements and Exhibits.|
Press Release, dated April 18, 2017
Corrective Press Release, dated April 19, 2017
Press Release, dated April 20, 2017
MY SIZE, INC. (NYSE:MY) Recent Trading Information
MY SIZE, INC. (NYSE:MY) closed its last trading session at with 701,760 shares trading hands.