Company: MYSZ
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023456
Chunk: 12

Company: My Size, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 12
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 exercise price of $4.00 per share and exercisable
for a term of 36 months from the date of issuance, and (iii) a warrant to purchase 12,500 shares of common stock at an exercise price
of $6.00 per share and exercisable for a term of 36 months from the date of issuance.

The
issuance was approved by the Company’s board of directors in February 2024.

During
the nine and three-month periods ended September 30, 2025 and 2024, the Company recorded $0, $0 and $71, and $0 respectively, as stock-based
equity awards with respect to the Consultant.

    12

MY
                                            SIZE, INC. AND ITS SUBSIDIARIES

Notes
to Condensed Consolidated Interim Financial Statements (Unaudited)

U.S.
dollars in thousands (except share data and per share data)

Note
4 - Stock Based Compensation (Cont.)

Warrant
issued in connection with the acquisition of ShoeSizeMe 

Pursuant
to the Purchase Agreement, the Company issued a key employee of ShoeSizeMe a warrant (the “Warrant”) to purchase up to 28,000
shares of the Company’s common stock (such shares of common stock underlying the Warrant, the “Warrant Shares”). The
Warrant provides for a tiered exercise structure, with (i) 10,000 Warrant Shares exercisable at $2.00 per Warrant Share, (ii) 6,000 Warrant
Shares exercisable at $3.00 per Warrant Share, (iii) 5,000 Warrant Shares exercisable at $4.00 per Warrant Share, (iv) 4,000 Warrant
Shares exercisable at $5.00 per Warrant Share, and (v) 3,000 Warrant Shares exercisable at $6.00 per Warrant Share

The
Warrant is subject to vesting upon satisfaction of certain service-based, financial performance and integration milestones, as follows:

●
Continuing Service Milestone: 50% of the Warrant shall vest and become exercisable on the 12-month anniversary of the issuance
date of the Warrant, provided that the Warrant holder shall have been continuously providing services to the Company through such 12-month
anniversary.

●
Financial Result Milestone: The vesting of up to 25% of the Warrant is contingent on Shoe