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MySize approves 1-for-8 reverse split to reprice stock, regain Nasdaq compliance

Aug 10, 2026, 4:03 PM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Reverse splits commonly lift price per share and can improve perceived listing quality, potentially attracting institutions; however, liquidity will likely decline due to a much smaller float, which could cap upside and increase volatility.

AI summary

What happened, with direct paths to the underlying reporting

MySize, Inc. announced a board-approved 1-for-8 reverse stock split, effective Aug 13, 2026, to lift the share price and restore Nasdaq listing prospects. Outstanding shares will shrink from roughly 4.8 million to about 600 thousand, with fractional shares cashed out and a new CUSIP (62844N505). The move aims to attract institutional investors and stabilize the capital base.

MySize approves 1-for-8 reverse split; effective Aug 13, 2026.
Post-split price rises; Nasdaq listing prospects may improve.
Outstanding shares drop to ~600k; cash in lieu for fractions.
New CUSIP 62844N505; split-adjusted trading begins Aug 13.

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