Recent Updates — MYSZ
The Board of Directors removed Borja Cembrero as Chief Growth Officer and Executive Director of subsidiary Naiz Bespoke Technologies, effective October 31, 2026. The removal was not due to a disagreement regarding operations or policies. In connection with the separation, My Size and Naiz entered into a Debt Acknowledgement and Payment Plan Agreement acknowledging an aggregate liability of €433,150.68 (approximately $486,813). This amount includes severance, payment in lieu of notice, accrued vacation pay, and consideration for a two-year post-termination non-compete covenant. The company will pay €125,000 in monthly installments from November 2026 through August 2027, while the remaining balance is subject to negotiation or becomes due on August 18, 2027. My Size, Inc. operates in the technology sector, providing augmented reality and computer vision solutions for e-commerce product visualization.
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.