MySize Announces $2.5 Million Private Placement Priced At-the-Market Under Nasdaq Rules

MySize, Inc. has announced a private placement to raise approximately $2.5 million through the issuance and sale of 1,308,901 shares of common stock at a price of $1.91 per share. The transaction is expected to close on or about September 16, 2026, pending the satisfaction of customary closing conditions. The offering also includes unregistered Series C and Series D warrants, allowing investors to purchase additional shares at an exercise price of $1.66 per share.

MySize, Inc., a company listed on NASDAQ under the ticker MYSZ, specializes in AI-driven retail technology solutions, primarily serving the fashion and retail sectors. The company has developed innovative sizing solutions and e-commerce platforms, positioning itself as a key player in the evolving landscape of retail technology. Additionally, MySize is exploring strategic expansion into the defense technology sector, indicating a diversification strategy aimed at leveraging its technological expertise in new markets.

The decision to pursue this fundraising initiative aligns with MySize's ongoing need for capital to support its operational and strategic objectives. The net proceeds from this offering are intended for general corporate purposes, including working capital. This capital raise is particularly relevant as the retail technology sector continues to experience significant transformations driven by advancements in artificial intelligence and changing consumer behaviors. The ability to secure funding at this juncture may enhance MySize's competitive positioning as it navigates these industry shifts.

The offering is structured to comply with Nasdaq's at-the-market rules, which allows the company to raise funds without the need for a lengthy registration process. This approach not only expedites access to capital but also minimizes the potential dilution of existing shareholders, as the securities are being offered under specific exemptions from registration requirements. The involvement of H.C. Wainwright & Co. as the exclusive placement agent underscores the strategic importance of this transaction for MySize.

In the broader market context, this fundraising effort reflects a growing trend among technology firms, particularly in the retail space, to secure capital for innovation and expansion amidst a competitive landscape. As companies increasingly leverage technology to enhance customer experiences and operational efficiencies, access to funding will be critical for sustained growth. MySize's proactive approach in securing additional capital may position it favorably to capitalize on emerging opportunities, particularly as it seeks to diversify its offerings and enter new markets.