Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 1455

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 8
Chunk 1455
---
 Split was rounded up to the
                                            next whole number. All the per-share data was adjusted to
give retroactive effect of 1:8 reverse stock split effected in April 2024.

    c.
    On
    August 24, 2023, the Company entered into an inducement offer letter agreement (the “2023 Inducement Letter”) with a
    certain holder of certain of the Company’s existing warrants to purchase up to (i) 1,963,994
    shares of the Company’s common stock issued on January 12, 2023 at an exercise price of $2.805
    per share (the “January 2023 Warrants”), (ii) 6,864
    shares of the Company’s common stock issued on January 17, 2020 at an exercise price of $94.00
    per share (the “January 2020 Warrants”), and (ii) 47,153
    shares of the Company’s common stock issued on October 28, 2021 at an exercise price of $31.50
    per share, having terms ranging from 28 months to five and one-half years (the “October 2021 Warrants” and together with
    the January 2023 Warrants and the January 2020 Warrants, the “2023 Existing Warrants). Pursuant to the 2023 Inducement Letter,
    the holder agreed to exercise for cash its 2023 Existing Warrants to purchase an aggregate of 2,018,012
    shares of the Company’s common stock at a reduced exercise price of $2.09
    per share in consideration of the Company’s agreement to issue new common stock purchase warrants to purchase up to an
    aggregate of 5,367,912
    shares of the Company’s common stock at an exercise price of $2.09
    per share. The Company received aggregate gross proceeds of approximately $4.2
    million from the exercise of the 2023 Existing Warrants by the holder, before deducting placement agent fees and other offering
    expenses payable by the Company. The net proceeds were approximately $3.6
    million.   As of December 31, 2024, 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 Ind