Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 1311

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 1311
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 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 activism could interfere with our ability to execute our strategic
plan, give rise to perceived uncertainties as to our future direction, result in the loss of potential business opportunities or make
it more difficult to attract and retain qualified personnel, any of which could materially and adversely affect our business and operating
results.

Scrutiny
of sustainability and environmental, social, and governance, or ESG, initiatives could increase our costs or otherwise adversely impact
our business.

Public companies have recently faced scrutiny
related to ESG practices and disclosures from certain investors, capital providers, shareholder advocacy groups, other market participants
and other stakeholder groups. Such scrutiny may result in increased costs, enhanced compliance or disclosure obligations, or other adverse
impacts on our business, financial condition or results of operations. If our ESG practices and reporting do not meet investor or other
stakeholder expectations, we may be subject to investor or regulator engagement regarding such matters. Our failure to comply with any
applicable ESG rules or regulations could lead to penalties and adversely impact