secwatch.observer — SEC 8-K summary
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Issuer:     My Size, Inc. (MYSZ)
CIK:        0001211805
Form:       8-K
Filed at:   2023-08-25T23:59:59+00:00
Accession:  0001493152-23-030141
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

My Size enters inducement agreement for $4.2M warrant exercise and new warrant issuance
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- Holder exercises 2,018,012 existing warrants at reduced $2.09/share; gross proceeds approx. $4.2M.
- Company issues new warrants to purchase up to 5,367,912 shares at $2.09, exercisable after stockholder approval or if not required, immediately.
- H.C. Wainwright acts as placement agent; receives 7% cash fee plus warrants for 141,261 shares at $2.6125.
- Closing expected August 28, 2023; net proceeds used for general corporate purposes.
- New warrants have terms of 5.5 years (2,755,800 warrants) and 28 months (2,612,112 warrants).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1211805/000149315223030141/0001493152-23-030141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1211805/000149315223030141/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-030141

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