MySize Inc. Executes Reverse Stock Split to Boost Share Price and Attract Investors

MySize Inc. Executes Reverse Stock Split

MySize, Inc. (NASDAQ: MYSZ), a pioneering company in fashion technology with a keen focus on AI-powered sizing solutions, has made a strategic decision to implement a one-for-eight reverse stock split. This announcement, made on August 10, 2026, signifies a pivotal moment for the company as it aims to enhance its stock price and appeal to a broader investor base.

Effective following the market close on August 12, 2026, this reverse stock split will adjust the company's common stock thereby reducing the outstanding shares from approximately 4.8 million to about 600,000. The adjusted trading of common stock under the new CUSIP number 62844N505 will begin on August 13, 2026. The company's stock will continue to trade on the Nasdaq Capital Market using the existing symbol "MYSZ."

As highlighted in previous communications, the decision was sanctioned during MySize's Special Meeting of Stockholders on July 21, 2026. The stockholders' approval empowered the Board of Directors to carry out one or more reverse splits in the range of 1-for-2 to 1-for-30. The primary intent of this strategic move is to bolster the per-share price, thereby satisfying Nasdaq's continued listing requirements and making MySize more attractive to institutional investors. This initiative is hoped to cultivate a stronger, more diversified investor base which is crucial for the company's growth trajectory.

Under this reversal, stockholders will see every eight shares of their existing common stock converted into one share. This proportionate adjustment also extends to the exercise price and number of shares associated with all outstanding options and warrants for common stock. Notably, fractional shares will not be issued resulting from the reverse stock split. Shareholders eligible for a fractional share will receive cash equivalent to the value based on the stock's closing price on August 12, 2026.

To preserve shareholder accessibility, registered stockholders who hold their stocks in book-entry or through nominees do not need to engage in any actions related to this split. For those with physical stock certificates, guidance will be provided by the company’s transfer agent, VStock Transfer, LLC, for exchanging their existing certificates for updated ones that reflect the new share count post-split.

The announcements and steps surrounding this reverse stock split are accessible through the company’s definitive proxy statement filed with the Securities and Exchange Commission on June 2, 2026. Shareholders may also visit MySize's investor relations page for more detailed information.

MySize, Inc. provides comprehensive AI-driven sizing solutions tailored for the global fashion industry. With a commitment to reducing return rates and enhancing the shopping experience, MySize serves a diverse clientele, including brands, retailers, and end consumers worldwide. By utilizing cutting-edge technology, MySize fosters seamless omnichannel retail operations.

Investors and other stakeholders are encouraged to stay updated through the company’s social media channels on platforms like Facebook, LinkedIn, Instagram, and Twitter, as MySize commits to transparent and regular communication.

In conclusion, MySize Inc.'s move to execute a reverse stock split reflects strategic foresight aimed at improving stock performance and overall business health. This initiative could potentially position MySize more favorably within the competitive landscape of the fashion-tech industry.

For further inquiries or clarification regarding this reverse stock split, Oren Elmaliah, CFO of MySize, is available at the company’s investor relations contact.