Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 1177

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 1177
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business is subject to the risks of earthquakes, fire, power outages, floods, health risks and other catastrophic events, and to interruption
by man-made problems such as terrorism.

Natural
disasters, such as fire or floods, a significant power outage, telecommunications failure, terrorism, an armed conflict, cyberattacks,
epidemics and pandemics such as COVID-19, or other geo-political unrest could affect our supply chain, manufacturers, logistics providers,
channel partners, or end-customers or the economy as a whole and such disruption could impact us and the shipments and sales. These risks
may be further increased if the disaster recovery plans for us and our suppliers prove to be inadequate. To the extent that any of the
above should result in delays or cancellations of customer orders, the loss of customers, or the delay in the deployment or shipment
of products, our business, financial condition, and operating results would be adversely affected.

27

For
example, on January 2, 2023, Orgad experienced a fire at its warehouse in Israel. We are not aware of any casualties or injuries associated
with the fire. We shifted Orgad’s operation to its headquarters. The value of the inventory that was in the warehouse was approximately
$640,000. We believe that this incident did not affect the future sales results of Orgad for the year of 2023. The inventory was not
insured, we and the lessor signed an agreement to settle the issue in which we paid to the lessor an amount of $50,000 to cover his loss.

Our
business could be negatively impacted by unsolicited takeover proposals, by shareholder activism or by proxy contests relating to the
election of directors or other matters.

Our
business could be negatively affected as a result of an unsolicited takeover proposal, by shareholder activism or a proxy contest. During
2021, an activist shareholder sought to make changes to our board of directors, among other matters, which ultimately resulted in us
entering into a settlement agreement with the activist shareholder and another shareholder, and for which considerable costs were incurred
and absorbed significant time and attention by management and the board of directors. A future proxy contest, unsolicited takeover proposal,
or other shareholder activism relating to the election of directors or other matters would most likely require us to incur significant
legal fees and proxy solicitation expenses and require significant time and attention by management and our Board of Directors. The potential
of a proxy contest, unsolicited takeover proposal, or other shareholder