SplitAug 12, 2026, 04:47 PM
My Size Announces 1-for-8 Reverse Stock Split
AI Summary
My Size, Inc. announced a 1-for-8 reverse stock split of its common stock, effective August 12, 2026. The company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market under the symbol "MYSZ" with a new CUSIP number 62844N505 starting August 13, 2026. This action was approved by stockholders to regain compliance with Nasdaq's listing requirements and make the stock more attractive to institutional investors. Every eight shares of outstanding common stock were converted into one share, and fractional shares will be paid in cash.
Key Highlights
- Board approved a 1-for-8 reverse stock split of common stock.
- Reverse stock split became effective on August 12, 2026, at 4:30 p.m. ET.
- Common stock will begin trading on a split-adjusted basis on August 13, 2026.
- New CUSIP number for common stock is 62844N505.
- Outstanding shares reduced from approximately 4.8 million to 600 thousand.
- Purpose is to regain Nasdaq listing compliance and attract institutional investors.
- Fractional shares will be paid in cash based on August 12, 2026 closing price.
Price Impact
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