MySize Announces Reverse Stock Split
Rhea-AI Summary
MySize (NASDAQ: MYSZ) announced that its board approved a 1‑for‑8 reverse stock split of its common stock, effective after market close on August 12, 2026. Trading on a split-adjusted basis will begin on August 13, 2026 under a new CUSIP (62844N505), with the ticker symbol MYSZ unchanged.
According to MySize, the split aims to increase the per-share price to help regain Nasdaq listing compliance and potentially attract certain institutional investors. Outstanding shares will decrease from about 4.8 million to about 600 thousand, while authorized shares remain unchanged. Fractional shares will be cashed out based on the Nasdaq closing price on August 12, 2026, and options and warrants will be proportionately adjusted.
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News Explained
The scheduled transaction consolidates existing shares and raises the per-share denomination proportionally; the reverse split itself does not change the company’s value.
Market Reaction – MYSZ
Following this news, MYSZ has gained 3.90%, reflecting a moderate positive market reaction. Our momentum scanner has triggered 2 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $0.40. Trading volume is very high at 3.4x the average, suggesting strong buying interest.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 15 | First-quarter earnings | Positive | -1.9% | Revenue increased 62% year over year, but the 24-hour reaction was negative. |
| May 04 | Investor summit presentation | Neutral | -0.2% | Company presentation announcement preceded a small negative 24-hour reaction. |
| Mar 23 | Acquisition asset LOI | Positive | -4.9% | Non-binding acquisition proposal preceded a 4.89% negative 24-hour reaction. |
| Mar 03 | Shareholder letter | Negative | +0.5% | Nasdaq bid-price deficiency disclosure preceded a 0.46% positive reaction. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Three of four prior news events had negative 24-hour reactions, including growth-oriented or otherwise positive announcements.
Key Terms
reverse stock split financial
cusip technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
AIRPORT CITY,
Upon effectiveness of the reverse stock split, every eight shares of the Company's outstanding common stock will be converted to one share of common stock. In addition, a proportionate adjustment will be made to the per share exercise price and the number of shares issuable upon the exercise of all outstanding options and warrants entitling the holders to purchase common stock.
No fractional shares will be issued if, as a result of the reverse stock split, a stockholder would otherwise become entitled to a fractional share because the number of shares of common stock they hold before the reverse stock split is not evenly divisible by the split ratio. Instead, each stockholder will be entitled to receive a cash payment in lieu of such fractional share. The cash payment to be paid will be equal to the fraction of a share to which such stockholder would otherwise be entitled multiplied by the closing price per share as reported by The Nasdaq Capital Market (as adjusted to give effect to the reverse stock split) on August 12, 2026. The number of authorized shares of the Company's common stock will not change, while the number of outstanding shares will be reduced from approximately 4.8 million to approximately 600 thousand.
Registered stockholders holding their shares of common stock in book-entry or through a bank, broker or other nominee form do not need to take any action in connection with the reverse stock split. For those stockholders holding physical stock certificates, the Company's transfer agent, VStock Transfer, LLC, will send instructions for exchanging those certificates for new certificates representing the post-split number of shares. VStock Transfer, LLC can be reached at (212) 828-8436.
Additional information about the reverse stock split can be found in the Company's definitive proxy statement filed with the Securities and Exchange Commission on June 2, 2026, a copy of which is also available at www.sec.gov or at https://www.mysizeid.com/ under the SEC Filings tab located on the Investor Relations page.
About MySize, Inc.
MySize, Inc. (NASDAQ: MYSZ) provides AI-driven sizing and commerce solutions designed to increase conversion, reduce returns, and support efficient omnichannel retail operations worldwide. The Company's portfolio includes proprietary technology platforms serving brands, retailers, and consumers across global markets.
To learn more about MySize, please visit our website: www.mysizeid.com.
We routinely post information that may be important to investors in the Investor Relations section of our website. Follow us on Facebook, LinkedIn, Instagram, and Twitter.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements related to the acquisition, expected revenues, and the expected closing of the acquisition. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
Investor Contacts:
Oren Elmaliah, CFO
ir@mysizeid.com
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SOURCE My Size Inc.