Company: MYSZ
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001641172-25-000990
Chunk: 1325

Company: My Size, Inc.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 1325
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2, we were a public reporting “shell company,” as defined in Rule 12b-2 under the Exchange
Act. Although we are no longer a “shell company,” we are subject to certain restrictions under the Securities Act for the
resale of securities issued by issuers that have been at any time previously a shell company. Specifically, the Rule 144 safe harbor
available for the resale of our restricted securities is only available to our stockholders if we have filed all reports and other materials
required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934, as amended, or the Exchange Act, as applicable,
during the preceding twelve months, other than current reports on Form 8-K, at the time of the proposed sale, regardless of whether the
restricted securities were initially issued at the time we were a shell company or subsequent to termination of such status. Accordingly,
holders of our “restricted securities” within the meaning of Rule 144 will be subject to the conditions set forth in Rule
144 with respect to our company. Other reporting companies that are not former shell companies and have been reporting for more than
twelve months are not subject to this same reporting threshold for non-affiliate reliance on Rule 144. Accordingly, any restricted securities
we have sold or sell in the future or issue to consultants or employees, in consideration for services rendered or for any other purpose,
may not be resold unless such securities are registered with the SEC or the requirements of Rule 144 have been satisfied. As a result,
it may be harder for us to fund our operations and pay our employees and consultants with our securities instead of cash. Furthermore,
it may be harder for us to raise funding through the sale of debt or equity securities unless we agree to register such securities with
the SEC, which could cause us to expend additional resources in the future. Our prior status as a “shell company” could prevent
us in the future from raising additional funds, engaging employees and consultants, and using our securities to pay for any acquisitions,
which could cause the value of our securities, if any, to decline in value or become worthless.

ITEM
1B. UNRESOLVED STAFF COMMENTS

None.

ITEM
1C. CYBERSECURITY

We
have developed and maintain a cybersecurity risk management program, consisting of cybersecurity policies, procedures, compliance and
awareness programs to mitigate risk and to ensure compliance with security, availability and confidentiality trust principles. The cybersecurity
process has