Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 18

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 best customer service.

We are currently focused
on driving the commercialization of the Naiz Fit technology which, enables shoppers to generate highly accurate measurements of their
body to find the accurate fitting apparel by using our Naiz Fit Widget, a simple questionnaire which uses a database collected over the
years and allows buyers to know what size to pick when buying online, reducing returns and increasing conversion rates of sellers.

Naiz Fit syncs the user’s
measurement data to a sizing model generated with our proprietary Garment Modelling technology for each item sold on the ecommerce, and
only presents items for purchase that match their measurements to ensure a correct fit.

We are positioning ourselves
as a consolidator of sizing solutions and new digital experience due to new developments for the fashion industry needs. Our other product
offerings include First Look Smart Mirror for physical stores and Smart Catalog to empower brand design teams, which are designed to increase
end consumer satisfaction, contributing to a sustainable world and reduce operation costs. We also recently launched True Feedback, a
Go-To-market solution that extracts data from our Naiz Community mystery shoppers to fine-tune the customer experience offered to fashion
buyers, both online and offline.

New Percentil

On May
9, 2025, our newly-formed, wholly-owned subsidiary, New Percentil, S.L., a limited liability company incorporated under the laws of Spain,
or New Percentil, entered into a production unit transfer agreement, or the Production Transfer Agreement, with Casi Nuevo Kids, S.L.,
a limited liability company incorporated under the laws of Spain, or Casi Nuevo, pursuant to which New Percentil acquired, or the Acquisition,
a production unit of Casi Nuevo with a trade name of Percentil, or the Production Unit or Percentil, that was judicially awarded to us
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.

Pursuant
to the Production Transfer Agreement, New Percentil acquired the Production Unit, which consists of warehouse infrastructure and equipment,
including Percentil’s central warehouse, process and logistics equipment, including Percentil’s proprietary quality control
and picking systems, AI-powered pricing engine and proprietary garment assessment tools and processes, computer and electronic equipment,
including photographic equipment and content production, equipment for garments and product presentation, supplies and support equipment,
inventory and other equipment and tools. In addition, pursuant to the Production Transfer Agreement