My Size Registers 26M Shares for Resale via $10M Equity Line of Credit

My Size, Inc. filed an S-1 registration statement for the resale of up to 26,019,229 shares of common stock by Square Gate Capital Master Fund, LLC - Series 5. This relates to an Equity Line of Credit (ELOC) Purchase Agreement, allowing My Size to sell up to $10 million in common stock to Square Gate over 36 months. The company will not receive proceeds from Square Gate's resale but may receive up to $10 million from direct sales to Square Gate for working capital. The transaction involves significant potential dilution for existing shareholders and carries risks related to stock price decline and Nasdaq listing compliance.