MySize's CEO Ronen Luzon Addresses Shareholders Amid Nasdaq Compliance Challenge

On March 3, 2026, MySize, Inc. (NASDAQ: MYSZ), a leading fashion technology firm focused on reducing returns and efficiently managing inventory, communicated an important message to its shareholders via a letter from its Chief Executive Officer, Ronen Luzon.

In this letter, Luzon addressed concerns raised by a notice from Nasdaq regarding the company's stock price, which has been below the $1.00 mark for 30 consecutive trading days. According to Nasdaq regulations, MySize now has until August 31, 2026, to rectify this situation by raising its share price, a target the company is committed to achieving.

Despite this compliance issue, Luzon reassured stakeholders that the company's operational activities, customer relationships, and financial standing remain unaffected. He emphasized that MySize's common stock continues to trade under the symbol MYSZ on Nasdaq, assuring investors that the company's plans to regain compliance are straightforward, focusing on execution and operational efficiency.

For the year ending in 2025, MySize reportedly generated around $10 million in revenue across its platforms. A crucial component of its revenue came from Orgad, the company’s Amazon-focused overstock arm, which maintained gross margins of approximately 40%. This segment serves as a reliable income source as MySize pivots towards higher-margin business activities.

In a strategic move to enhance profitability, MySize established a subsidiary known as 10peaks in September 2025. Operating across Israel, Greece, Cyprus, and Malta, 10peaks aims to increase the company’s commercial reach by forging partnerships with brands such as Fabletics, X-Bionic, and Craft. During its inaugural year, 10peaks generated approximately $150,000 in revenue at an impressive gross margin of around 65%. Management anticipates that with ongoing efforts, this subsidiary could achieve an annual revenue of about $3 million.

The 10peaks initiative leverages MySize's AI-powered sizing technology to foster an enriched customer experience, facilitating improved conversion rates while significantly lowering return rates. Functioning as its own legal entity, 10peaks enjoys dedicated management and financial reporting, promoting accountability and agility as it scales.

Expanding on the company's comprehensive strategy, Luzon detailed how MySize's various business units aim to tackle the persistent problems of online fashion returns and excess inventory. The company’s Naiz Fit platform offers AI-driven sizing solutions, while Percentil serves as a managed secondhand marketplace in key European markets, complementing Orgad’s efforts to redistribute excess inventory online.

One of the key strengths of MySize lies in the interconnectedness of these businesses. Orgad provides the needed scale, Naiz Fit enhances conversion rates thereby reducing returns, Percentil turns excess inventory into profit, and 10peaks introduces higher-margin channels into the mix. Together, these segments create a more balanced operational structure, reinforcing resilience against market fluctuations.

In a concluding note, Luzon acknowledged the significance of the stock bid price but stressed that the best approach to resolving this issue is through consistent results. The company’s strategic emphasis on increasing revenues, focusing on higher-margin projects, and enhancing operational leverage over time signifies MySize’s commitment to creating long-term value for shareholders.

As MySize continues to navigate the challenges presented by Nasdaq compliance, its operational strategies and innovative solutions position it for prospective growth in our evolving marketplace. Luzon’s candid communication highlights the company's strategic vision and unwavering focus on delivering value to its shareholders.

This latest update from MySize not only sheds light on the immediate challenges faced by the company but also points towards a promising path forward as they look to bolster their market standing once again. With a clear strategy in place and a focus on execution, MySize reinforces its commitment to growth and shareholder value.