Company: MYSZ
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010830
Chunk: 19

Company: My Size, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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, New Percentil was subrogated exclusively
in the position of Casi Nuevo in the labor contracts of 17 former employees of Casi Nuevo, including its chief executive officer and chief
marketing officer, who have transferred to New Percentil in connection with the Acquisition, or the Percentil Employees.

The total
purchase price of the Acquisition was €610,806.81 (approximately $679,000), which consists of (i) €40,000 (approximately $44,500)
paid by Naiz Fit, (ii) €358,196 (approximately $398,000) for the assumption of certain liabilities owed by Casi Nuevo to its customers,
(iii) €48,000 (approximately $53,500) for the assumption of certain debt and social security payments related to the Percentil Employees,
and (iv) €164,610 (approximately $183,000) for the assumption of accrued labor liabilities related to the Percentil Employees.

The Production
Unit’s assets that were acquired by New Percentil in connection with the Acquisition were acquired free of liens, encumbrances,
attachments or third party rights.

Macroeconomic and Geopolitical Environment

Because
we operate globally, our business is subject to the effects of economic downturns or recessions in the regions in which we do business,
volatility in foreign currency exchange rates relative to the U.S. dollar, inflation, changing interest rates, expanded trade control
laws and regulations, imposition of new or higher tariffs and geopolitical conflicts.

In
addition, U.S. President Trump has made a series of announcements regarding the imposition of new and higher U.S. tariffs on imports from
many countries. In response, certain countries, as well as the European Union, have announced retaliatory tariffs on imports of U.S. goods
and other countermeasures. We are monitoring these actions, including any pauses, escalations, exemptions or removal of exemptions, with
respect to the threatened or imposed tariffs, and will continue to assess their potential impact on our business either directly, such
as on our hardware business, or due to downstream effects.

We
also continuously monitor geopolitical conflicts around the world, including the ongoing conflict between Russia and Ukraine and conflicts
in the Middle East, and assess their impact on our business. To date, these conflicts have not materially limited our ability to develop
or support our products and have not had a material impact on our results of operations, financial condition, liquidity or cash flows.

While
our business model provides some