My Size (NASDAQ: MYSZ) holders OK reverse split plan, reject preferred shares
Rhea-AI Filing Summary
My Size, Inc. reported the results of its 2026 annual stockholder meeting. A quorum of 2,023,301 shares of common stock was represented. Stockholders elected Class II directors Oron Branitzky and Guy Zimmerman, each receiving more than 1.07 million votes in favor, to serve three-year terms.
Stockholders approved the advisory vote on executive compensation with 968,586 votes For. They also granted the Board discretionary authority to implement one or more Reverse Stock Splits of the common stock at ratios from 1-for-2 up to 1-for-30, which may be effected by July 21, 2027, including the treatment of fractional shares. An amendment to authorize issuance of blank check preferred stock did not receive the required majority of outstanding shares and was not approved. Stockholders ratified the appointment of Somekh Chaikin as independent public accountant with 1,901,844 votes For for the fiscal year ending December 31, 2026.
Positive
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8-K Event Classification
2 items: 5.07, 9.01
2 items
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Shares represented at annual meeting: 2,023,301 shares
Votes For Oron Branitzky: 1,072,235
Votes For Guy Zimmerman: 1,071,940
+5 more
8 metrics
Shares represented at annual meeting
2,023,301 shares
Common stock represented in person or by proxy; constituted a quorum
Votes For Oron Branitzky
1,072,235
Election as Class II director at 2026 annual meeting
Votes For Guy Zimmerman
1,071,940
Election as Class II director at 2026 annual meeting
Votes For say-on-pay
968,586
Advisory vote approving named executive officer compensation
Votes For reverse split authority
1,747,285
Approval to grant Board discretion to effect Reverse Stock Splits
Maximum reverse split ratio
1-for-30
Highest aggregate ratio authorized for any Reverse Stock Split
Reverse split deadline
July 21, 2027
Latest date by which any authorized Reverse Stock Split may be effected
Votes For auditor ratification
1,901,844
Ratification of Somekh Chaikin as independent public accountant for 2026
Key Terms
Reverse Stock Split, blank check preferred stock, broker non-votes, advisory vote
4 terms
Reverse Stock Split financial
"to effect one or more Reverse Stock Splits of the Company’s issued"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
blank check preferred stock financial
"amendment to the Charter to authorize the issuance of blank check preferred stock"
broker non-votes regulatory
"1,072,235 | 69,171 | 881,895 Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory vote regulatory
"An advisory vote on the compensation of the Company’s named executive officers"
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What key decisions did My Size (MYSZ) stockholders make at the 2026 annual meeting?
Stockholders elected two Class II directors, approved an advisory vote on executive compensation, authorized reverse stock split discretion up to 1-for-30 by July 21, 2027, and ratified Somekh Chaikin as independent public accountant.
Was the blank check preferred stock amendment approved for My Size (MYSZ)?
No. The proposal to amend the Charter to authorize blank check preferred stock received 1,025,885 votes For but did not obtain a majority of outstanding shares entitled to vote, so it was not approved.
Who was elected to the My Size (MYSZ) board at the 2026 annual meeting?
Class II director nominees Oron Branitzky and Guy Zimmerman were elected. Branitzky received 1,072,235 votes For and Zimmerman 1,071,940 votes For, each with 69,000+ votes withheld and 881,895 broker non-votes, to serve three-year terms.
Did My Size (MYSZ) stockholders ratify the 2026 independent public accountant?
Yes. Shareholders ratified Somekh Chaikin as My Size’s independent public accountant for the fiscal year ending December 31, 2026, with 1,901,844 votes For, 112,554 Against, and 8,904 Abstain, and no broker non-votes reported.