Trading halt for fitness app MyFizig

Company News

by Rachael Jones


App company MyFizig (ASX:MYQ) has been placed on a trading halt at the request of the company.

The body measuring app is waiting for a response to queries put to the ASX regarding its September announcement about a strategic partnership with leading fitness app fitocracy.

Fitocracy is an online fitness and social network that aims to help its more than 2 million users improve fitness and wellness.
It is among the world’s top 5 social fitness platforms.
The company has also signed a partnership with large U.S.-sourced fitness app – FitLab’s Mayweather Boxing + Fitness.

The company hopes the trading halt will be lifted before market open on the 26th march 2018.

Shares in MyFizig (ASX:MYQ) closed down yesterday 3.73% to $0.65
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.