Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 776

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7A
Chunk 776
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4, the Company issued to the holder all of the exercised shares.

    d.
    On
    May 16, 2024, the Company entered into an inducement offer letter agreement (the “2024 Inducement Letter”) with a
    certain holder of certain of the Company’s existing warrants to purchase up to (i) 326,514
    shares of the Company’s common stock issued on August 28, 2023 with a twenty-eight month term at an exercise price of $16.72
    per share, and (ii) 344,475
    shares of the Company’s common stock issued on August 28, 2023 with a five and one-half year term at an exercise price of
    $16.72
    per share, ((i) and (ii) collectively, the “ 2024 Existing Warrants).

    Pursuant
    to the 2024 Inducement Letter, the holder agreed to exercise for cash its 2024 Existing Warrants to purchase an aggregate of 670,989
    shares of the Company’s common stock at a reduced exercise price of $4.86
    per share in consideration of the Company’s agreement to issue new common stock purchase warrants to purchase up to an
    aggregate of 1,341,978
    shares of the Company’s common stock, at an exercise price of $4.61
    per share. The Company received aggregate gross proceeds of approximately $3.26
    million from the exercise of the 2024 Existing Warrants by the Holder, before deducting placement agent fees and other offering
    expenses payable by the Company. As of December 31, 2024, the Company issued to the holder all of the shares exercised.

    On
    December 27, 2024, the holder exercised warrants to purchase 653,028 shares of common stock of the Company resulting in gross proceeds
    of approximately $3.0 million.

    F-22

MY
SIZE, INC. AND ITS SUBSIDIARIES

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

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

NOTE
13 - SHAREHOLDERS’ EQUITY (Cont.)

    c.
    A
    summary of the warrant activity during the years ended December 31, 2024 and 2023 is presented below:

SCHEDULE
OF WARRANT ACTIVITY

    Number