Recent Updates — MYSZ
On September 15, 2026, My Size, Inc. entered into a securities purchase agreement for a private placement of up to 1,308,901 pre-funded warrants and associated Series C and D warrants at $1.91 per unit. The transaction is expected to generate approximately $2.5 million in aggregate gross proceeds, with closing anticipated on September 16, 2026. H.C. Wainwright & Co. serves as the exclusive placement agent, receiving a 7% cash fee plus warrants. This equity issuance provides capital for general corporate purposes and working capital needs. My Size, Inc. operates technology and commerce businesses serving the fashion and retail industries, including AI-enabled sizing solutions.
My Size, Inc. received a notice from Nasdaq on August 25, 2026, indicating its stockholders' equity of $2,347,000 as of June 30, 2026, failed to meet the minimum requirement of $2,500,000. The company has until October 9, 2026, to submit a compliance plan and may receive an extension through February 21, 2027, to regain compliance. Failure to comply could result in delisting. My Size, Inc. operates in the technology sector, providing augmented reality solutions for footwear and apparel retail.
My Size, Inc. reported financial results for the second quarter ended June 30, 2026, announcing a 53% year-over-year revenue increase to $3.07 million, with first-half revenue rising 57% to $5.46 million. The company recorded a net loss of approximately $1.75 million for the quarter and $3.13 million for the six-month period, while net cash used in operating activities improved to $1.97 million for the first half. Management highlighted growth in its resale platform Percentil and SaaS segment but noted a shift toward lower-margin e-commerce revenue that compressed gross margins to 31.7%. The company stated it is shifting strategic focus from expansion to improving contribution margins, operating leverage, and cash efficiency as it seeks additional capital to sustain operations. My Size, Inc. operates in the fashion technology industry, providing an integrated platform of AI-driven sizing solutions, e-commerce, recommerce, and brand distribution.
My Size, Inc. completed a one-for-eight reverse stock split of its common stock, effective August 12, 2026. The transaction reduced the number of outstanding shares from approximately 4.8 million to roughly 600 thousand while maintaining the $0.001 par value per share. Stockholders holding fractional shares received cash payments based on the Nasdaq closing price on the effective date. Outstanding options and warrants underwent proportionate adjustments to their exercise prices and share counts. Trading resumed on a split-adjusted basis on August 13, 2026, under the symbol MYSZ with a new CUSIP number. The company operates in the fashion technology industry, providing AI-driven sizing solutions and omnichannel e-commerce platforms.
My Size, Inc. entered into an Equity Purchase Agreement with Square Gate Capital Master Fund, LLC - Series 5 on August 5, 2026, granting the company the right to sell up to $10 million of common stock over 36 months. The company issued 269,229 shares as a commitment fee valued at $100,000 and agreed to file an S-1 registration statement for resale within 30 days. Sales are subject to a 4.99% beneficial ownership limit per transaction and a total cap of 1,024,597 shares unless stockholder approval is obtained or the average purchase price exceeds $0.3706. Proceeds will fund working capital and general corporate purposes.
At its annual meeting on July 21, 2026, My Size, Inc. stockholders approved the election of Class II directors Oron Branitzky and Guy Zimmerman, ratified the appointment of Somekh Chaikin as independent public accountant, and passed an advisory vote on executive compensation. Shareholders granted the Board discretionary authority to execute one or more reverse stock splits with an aggregate ratio up to 1-for-30 by July 21, 2027. However, the proposal to amend the Charter to authorize the issuance of blank check preferred stock was not approved. The company operates in the apparel industry, specializing in size-inclusive clothing.