MySize Announces $2.5 Million Private Placement for AI Retail Solutions

AIRPORT CITY, Israel, Sept. 15, 2026 /CourierPR/ -- MySize, Inc., a global provider of AI-driven retail technology solutions, has announced a $2.5 million private placement priced at-the-market under Nasdaq rules. The company entered into definitive agreements for the issuance and sale of 1,308,901 shares of common stock, or pre-funded warrants in lieu thereof, at a purchase price of $1.91 per share. In addition, MySize has agreed to issue unregistered Series C and Series D warrants to purchase up to an aggregate of 1,308,901 shares of common stock.

The offering is expected to close on or about September 16, 2026, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Each series of warrants will have an exercise price of $1.66 per share and will be exercisable immediately upon issuance. The Series C warrants have a term of five years from the effective date of the Resale Registration Statement, while the Series D warrants have a term of 18 months from the effective date.

MySize intends to use the net proceeds from the offering for general corporate purposes, including working capital. The company currently operates technology and commerce businesses serving the fashion and retail industries, including AI-enabled sizing solutions, e-commerce, second-hand fashion, and brand distribution. MySize is pursuing a strategy to expand into defense technology through selective acquisitions.

The private placement is being conducted under Section 4(a)(2) of the Securities Act of 1933, as amended, and Regulation D promulgated thereunder. The securities described in the press release have not been registered under the Act or applicable state securities laws. Accordingly, such securities may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws.

Pursuant to a registration rights agreement, MySize has agreed to file one or more registration statements with the SEC covering the resale of the unregistered securities to be issued in the offering. The company noted that the forward-looking statements in the press release are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments, and other factors believed to be appropriate. The company also highlighted the risks and uncertainties associated with its acquisition strategy, diversification efforts, and anticipated growth opportunities.

MySize, Inc. operates technology and commerce businesses serving the fashion and retail industries, including AI-enabled sizing solutions, e-commerce, second-hand fashion, and brand distribution. The company is pursuing a strategy to expand into defense technology through selective acquisitions. The company's liquidity and additional capital requirements, its ability to continue as a going concern and maintain compliance with Nasdaq listing requirements, and the risks described in its filings with the U.S. Securities and Exchange Commission (SEC) are significant factors to consider.