My Size, Inc.

My Size, Inc. entered into an Equity Purchase Agreement with Square Gate Capital Master Fund, LLC - Series 5, allowing the company to sell up to $10 million worth of common stock over the next 36 months. The company has the discretion to sell, and the investor is obligated to purchase, subject to certain conditions. A $100,000 commitment fee was paid in 269,229 shares, and the agreement includes provisions for share pricing and an exchange cap of 1,024,597 shares unless certain conditions are met.

My Size, Inc. held its 2026 annual meeting where stockholders voted on several key proposals. While shareholders approved the election of two Class II directors, an advisory vote on executive compensation, and the ratification of the independent auditor, a significant proposal to authorize blank check preferred stock was rejected. Additionally, stockholders granted the Board discretionary authority to effect a reverse stock split at a ratio between 1-for-2 and 1-for-30 by July 21, 2027.

My Size, Inc. has filed its definitive proxy statement for its Annual Meeting of Stockholders scheduled for July 21, 2026. The meeting will cover several key proposals, including the election of two Class II directors, an advisory vote on executive compensation, and a significant proposal to authorize a reverse stock split of its common stock, potentially combining shares at a ratio between 1-for-2 and 1-for-30. Additionally, stockholders will vote on authorizing the issuance of blank check preferred stock and ratifying the appointment of Somekh Chaikin as the company's independent public accountant for the upcoming fiscal year. The board of directors recommends a 'FOR' vote on all proposals.

My Size, Inc. reported strong financial results for the first quarter ended March 31, 2026, with revenue increasing 62% year-over-year to $2.39 million. The company saw a significant 124% rise in gross profit, with gross margin improving to 39.3%. Despite this growth and the strategic integration of Percentil and ShoeSize.Me to expand its AI fashion platform, the net loss increased by 39% to $1.48 million.

My Size, Inc. reported a significant increase in Q1 2026 revenue to $2.39 million, up from $1.48 million in Q1 2025. However, the company's net loss widened to $1.48 million from $1.06 million in the prior year, and management raised substantial doubt about its ability to continue as a going concern due to insufficient cash to fund operations for the next 12 months. The company continued to raise capital through an At The Market offering and a capital advance agreement.

My Size, Inc. filed its annual report on Form 10-K for the fiscal year ended December 31, 2025. The filing disclosed that as of June 30, 2025, the aggregate market value of its voting and non-voting common equity held by non-affiliates was approximately $4 million. The company also confirmed its status as a non-accelerated filer and a smaller reporting company.