Company: MYSZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023456
Chunk: 92

Company: My Size, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 92
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 Percentil entered into a production unit transfer agreement
    with Casi Nuevo Kids, S.L., a limited liability company incorporated under the laws of Spain (“Casi Nuevo”), pursuant to
    which New Percentil acquired (the “Acquisition”) a production unit of Casi Nuevo with a trade name of Percentil that was
    judicially awarded to the Company in April 2025 within the framework of insolvency proceedings of Casi Nuevo filed with Commercial
    Court No. 13 of Madrid (Spain). The Acquisition was completed on May 9, 2025.
     
    The
    Company paid a total transaction value of €610 (approximately $679), consisting of a €40 (approximately $45) cash payment
    and the assumption of certain customer and labor liabilities and debt and social security payments in the aggregate amount of approximately
    €570 (approximately $634). The Acquisition was financed through existing cash reserves and does not involve the issuance of
    additional shares or debt.
     
    On
September 8, 2025, the Company entered into a Share Sale and Purchase Agreement (the “Purchase Agreement”) with certain shareholders
of ShoeSizeMe (the “Sellers”), who were the holders of 100%
of the share capital of ShoeSizeMe, pursuant to which the Sellers sold to the Company all of the issued and outstanding shares of ShoeSizeMe.
The acquisition of ShoeSizeMe closed on the same day. In consideration for the purchase of the shares
of ShoeSizeMe and in accordance with the Purchase Agreement, the Company (i) paid a cash payment of $150
and (ii) issued 241,093
shares of the Company’s common stock. The fair value
of the shares for the purchase price allocation was determined using the closing price on September 8, 2025 at $338.
In addition, pursuant to the Purchase Agreement, the Company issued to a key employee of ShoeSizeMe a warrant to purchase up to 28,000
shares of the Company’s common stock. See note 4. In
connection with the acquisition of ShoeSizeMe, certain major shareholders of ShoeSizeMe entered into (i) a voting agreement with the
Company and (ii) customary six-month lock up agreements with the Company.

    7

MY
SIZE, INC. AND ITS SUBSIDIARIES

Notes
to Condensed Consolidated Interim Financial Statements (Unaudited)

U.S.
dollars in thousands (except share data