Company: MYSZ
Filing Date: 2025-09-12
Form Type: 8-K
Source: 0001493152-25-013135
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Company: My Size, Inc.
Filing Date: 2025-09-12
Form: 8-K
Item: Item 2.01
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Item 2.01

Completion of Acquisition or Disposition of Assets.

On
September 8, 2025, My Size Inc., a Delaware corporation (the “ Company”) entered into a Share Sale and Purchase Agreement
(the “ Purchase Agreement”) with certain sellers (the “ Sellers”), who are the holders of 100% of the share capital
of ShoeSize. Me AG, a Swiss company (the “ Target”), pursuant to which the Sellers agreed to sell to the Company all of the
issued and outstanding shares of Target (the “ Transaction”). The Transaction closed on the same day (the “ Closing Date”).

In
consideration for the purchase of the shares of Target and in accordance with the Purchase Agreement, the Sellers received (i) a cash
payment of $150,000 and (ii) 241,093 shares of the Company’s common stock (the “ Shares”) having an aggregate value
of $290,000 (the “ Equity Consideration”), determined by dividing $290,000 by the average closing price of the Company’s
common stock during the seven trading days immediately preceding the Closing Date.

In
addition, pursuant to the Purchase Agreement, the Company issued to a key employee of Target a warrant (the
“ Warrant”) to purchase up to 28,000 Shares (such Shares underlying the Warrant, the “ Warrant Shares”). The Warrant
provides for a tiered exercise structure, with (i) 10,000 Warrant Shares exercisable at $2.00 per Warrant Share, (ii) 6,000 Warrant Shares
exercisable at $3.00 per Warrant Share, (iii) 5,000 Warrant Shares exercisable at $4.00 per Warrant Share, (iv) 4,000 Warrant Shares
exercisable at $5.00 per Warrant Share, and (v) 3,000 Warrant Shares exercisable at $6.00 per Warrant Share.

The
Warrant is subject to vesting upon satisfaction of certain service-based, financial performance and integration milestones, as follows:

● Continuing
Service Milestone

● Financial
Result Milestone

● Integration
Milestone

In
connection with the Purchase Agreement, certain Sellers (the “ Major Shareholders”) entered into (i) a voting agreement (the
“ Voting Agreement”) with the Company, as further described below, and (ii) customary six-month lock up agreements (the “ Lock-Up