Cool Holdings Regains Compliance with Nasdaq Rule 5605 Board Composition Requirements

Today announced that on June 10, 2019 it received notification from the NASDAQ Stock Market indicating that, as a result of the Company’s June 6, 2019 appointment of two new independent directors, the Company has regained compliance with NASDAQ Listing Rules 5605(b)(1), 5605(c)(2) and 5605(d)(2) related to the independent director, audit committee and compensation committee requirements of its board of directors.

Cool Holdings Announces Board Additions and Management Restructuring

Cool Holdings, Inc. today announced that it has completed a restructuring of its Board of Directors and senior management team. The Company appointed two new independent directors to its Board: Kevin Taylor, age 50, who will serve as Chairman of the Board, and Vince E. Virga, age 48.