NEW YORK,
June 9, 2021
/PRNewswire/ -- Custodian Ventures LLC (together with its
affiliates, "Custodian Ventures"), as the largest stockholder of My
Size, Inc. ("MYSZ" or the "Company") (NASDAQ: MYSZ) prior to the
Company's recent dilutive transaction, with an ownership interest
of approximately 9.99% of the Company's outstanding shares, today
delivered an open letter encouraging MYSZ stockholders to unite to
end the destruction of stockholder value at the Company and hold
the Board of Directors and management accountable at the 2021
Annual Meeting of Stockholders, the date of which will be announced
by the Company in the coming weeks.
The full text of Custodian Ventures' open letter to MYSZ
stockholders can be accessed at www.saratogaproxy.com/MYSZ
About Custodian Ventures
Custodian Ventures LLC is an
investment fund specializing in reverse merger and other
event-driven opportunities. Its Chief Executive Officer,
David E. Lazar, brings domestic and
international experience in operations, accounting, audit
preparation, due diligence, capital restructuring, debt financing,
and mergers and acquisitions.
Contacts:
David E.
Lazar
(646) 768-8417
John Ferguson / Ann Marie
Mellone
Saratoga Proxy Consulting LLC
(212) 257-1311
info@saratogaproxy.com
CERTAIN INFORMATION CONCERNING THE
PARTICIPANTS
Custodian Ventures LLC ("Custodian Ventures"), together with the
other participants named herein, intends to file a preliminary
proxy statement and an accompanying WHTE proxy card with the
Securities and Exchange Commission ("SEC") to be used to solicit
votes for the election of its slate of highly qualified director
nominees at the 2021 annual meeting of stockholders My Size, Inc.,
a Delaware corporation (the
"Company").
CUSTODIAN VENTURES STRONGLY ADVISES ALL STOCKHOLDERS OF THE
COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS AS
THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT
INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON
THE SEC'S WEB SITE AT HTTP://WWW.SEC.GOV. IN ADDITION, THE
PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE
PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST.
REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS' PROXY
SOLICITOR.
The participants in the proxy solicitation are anticipated to be
Activist Investing LLC ("Activist Investing"), Custodian Ventures,
David E. Lazar, David Aboudi, Patrick
Loney and David Natan.
As of the date hereof, Activist Investing directly beneficially
owns 421,553 shares of Common Stock, par value $0.001 per share, of the Company (the "Common
Stock"). As of the date hereof, Custodian Ventures directly
beneficially owns 790,300 shares of Common Stock. As of the
date hereof, Mr. Lazar directly beneficially owns 290,200 shares of
Common Stock. Mr. Lazar, as the sole member and Chief
Executive Officer of each of Activist Investing and Custodian
Ventures, may be deemed to beneficially own the 1,211,853
beneficially owned in the aggregate by Activist Investing and
Custodian Ventures. As of the date hereof, none of Messrs.
Aboudi, Loney or Natan beneficially own any shares of Common
Stock.
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SOURCE Custodian Ventures