Current Report Filing (8-k)
11 Mai 2017 - 10:03PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): April 30, 2017
MY
SIZE, INC.
(Exact
name of registrant as specified in its charter)
Delaware
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001-37370
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N/A
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(State
or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification No.)
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3
Arava St., pob 1206, Airport City, Israel, 7010000
(Address
of principal executive offices and Zip Code)
Registrant's
telephone number, including area code
+972-3-600-9030
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
þ
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
8.01 Other Events.
My
Size, Inc. (the “Company”) wishes to report the following as it relates to the Company's current report on Form 8-K
filed on May 4th, 2017:
On
May 7th 2017, the Company was served with an application to approve a shareholders' class action (which was filed with the Tel
Aviv District Court on May 3rd, 2017) against the Company, its board members and its CFO (the "Application").
The
Application alleges, inter alia, that the Company's report of April 19th, 2017 regarding its engagement with the Israeli Post
was false and misleading, and that as a result thereof financial damages have been incurred by two purported classes of shareholders:
(i) any shareholder who sold Company's shares as of April 20th, 2017 and until April 27th, 2017, with respect to damage directly
caused by such sale and (ii) any shareholder which held shares on April 20th, 2017 and subsequent to April 27th, 2017 with respect
to damage caused by permanent adverse effect to the shares' value. The alleged financial damage caused to members of both classes
is estimated at NIS 18.8 million.
The
Company reviewed the Application initially with its legal counsel. At this preliminary stage, the Company believes that there
is no direct causal connection between the Company's report which is the subject matter of the Application and the alleged damages
caused to either class of purported plaintiffs and that in any case there appears to be no correlation between the alleged scope
of damages and the merits of the alleged case.
The
Company's is reviewing its rights to file a third party claim (notice) against third parties the unlawful acts or omissions of
which may have had an adverse effect on the Company's share price and may have contributed to any alleged damage which may have
been caused to any of the classes of alleged plaintiffs. The Company will respond to the Application in the time frame ordered
by the Court.
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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MY
SIZE, INC.
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Date:
May 11, 2017
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By:
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/s/
Ronen Luzon
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Name:
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Ronen
Luzon
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Title:
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Chief
Executive Officer
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