Airport City, Israel – September 18, 2026 -- MySize, Inc. (NASDAQ: MYSZ) has signed definitive agreements to sell 1,308,901 shares of common stock, or pre-funded warrants in lieu thereof, at $1.91 per share, generating expected gross proceeds of approximately $2.5 million.
Private placement priced at-the-market carries dual warrant coverage
Alongside the common stock, MySize will issue unregistered Series C warrants for up to 1,308,901 shares and Series D warrants for up to 1,308,901 shares, both exercisable immediately at $1.66 per share. The Series C warrants run for five years from the effective date of the company's forthcoming resale registration statement, while the Series D warrants expire after 18 months from that same trigger date.
H.C. Wainwright & Co. leads placement, closing set for September 16, 2026
H.C. Wainwright & Co. is acting as exclusive placement agent for the transaction, which was structured under Section 4(a)(2) of the Securities Act and Regulation D. The offering is expected to close on or about September 16, 2026, pending customary closing conditions.
Proceeds earmarked for working capital as company eyes defense sector expansion
MySize said net proceeds will fund general corporate purposes, including working capital. The company has agreed to file one or more registration statements with the SEC covering resale of the unregistered securities. MySize, an AI-driven retail technology provider spanning sizing solutions, e-commerce, second-hand fashion and brand distribution, is separately pursuing a strategy to expand into defense technology through selective acquisitions.