Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 31

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part II, Item 1
Chunk 31
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From time to time, we may become
involved in various lawsuits and legal proceedings which arise in the ordinary course of business. However, litigation is subject to inherent
uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.

Shimon Shukron

In July 2024, we were served with
a legal complaint filed by Shimon Shukron in the Magistrate’s Court in Herzliya for a monetary award in an amount of NIS 1,895,345
(approximately $510,000). The plaintiff alleges that due to the fire that broke out at Orgad’s warehouse in January 2023, the fire
spread to the plaintiff’s business and caused heavy damage to the structure and contents, inventory of the business and loss of
profits. We filed our statement of defense in September 2024. At this preliminary stage, The plaintiff did not provide sufficient documents
to support his claims regarding the extent of the alleged damage. Based on the Company’s legal advisors, the Company cannot evaluate the chances of the claim to succeed, at
this stage.

Item 1A. Risk Factors.

Except as set forth below in this Item 1A and
the Risk Factors included in our previous filings made with the SEC, there have been no material changes to our risk factors from those
disclosed in “Part I. Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K filed with the SEC on March
27, 2025.

20

Our headquarters and some
of our operations are located in Israel, and therefore, political, economic and military conditions in Israel may affect our operations
and results.

Our headquarters
and some of our operations are located in central Israel and our key employees, officers and directors are residents of Israel. Accordingly,
political, economic and military conditions in Israel and the surrounding region may directly affect our business and operations. Since
the establishment of the State of Israel in 1948, a number of armed conflicts have taken place between Israel and its Arab neighbors.
Any hostilities involving Israel or the interruption or curtailment of trade within Israel or between Israel and its trading partners
could adversely affect our operations and results of operations and could make it more difficult for us to raise capital.

In particular,
in October 2023, Hamas terrorists infiltrated Israel’s southern border from the Gaza Strip and conducted a series of attacks on
civilian and military targets. Hamas