MySize Secures $2.5M Private Placement to Fund Defense Tech Pivot

Israel-based e-commerce firm MySize has secured a $2.5 million private investment to help overcome an imminent liquidity crisis. The Nasdaq-listed enterprise sold 1.3 million shares at $1.91 per share, with H.C. Wainwright & Co. acting as the sole placement agent. Additional Series C and D warrants are included, granting investors the opportunity to purchase up to 1.3 million more shares at a rate of $1.66.

These warrants are valid for five years and 18 months, respectively, after the completion of the resale registration statement. The closing date for this transaction is expected to be September 16, 2026.

MySize currently holds a meager cash reserve of $453,000 as of June 30, 2026, underscoring the urgent need for new funding. The $2.5 million round of capital effectively eliminates this financing gap and provides essential operating time. However, the company's strategic intentions go beyond simply addressing immediate working capital concerns.

MySize plans to allocate a significant portion of the net proceeds to a comprehensive company transformation. The business currently encompasses technology and commerce operations, including sizing, e-commerce, second-hand fashion, and brand distribution. Management intends to utilize the fresh funds to selectively acquire companies in the defense technology industry.

The issuance of over 1.3 million new shares, coupled with two substantial series of warrants, introduces immediate dilution risks for existing stakeholders. If those warrants are exercised, current ownership percentages will be substantially reduced. Nonetheless, the at-the-market pricing under Nasdaq regulations provides MySize with an opportunity to execute its high-stakes operational pivot.

The information presented in this article is derived exclusively from the provided source material and does not include any speculative content.