MySize, Inc. (Nasdaq: MYSZ) announced an acquisition-led strategy to build a defense technology platform over time, expanding beyond its fashion technology and commerce operations. The company will evaluate potential targets individually based on technology capabilities, commercial activity, customer relationships, growth opportunities, financial profile, capital requirements, regulatory considerations and potential long-term stockholder value. MySize said it has not set a fixed number, size or timetable for acquisitions, and that any transactions would depend on due diligence, definitive terms, available capital and required Nasdaq, corporate, stockholder and regulatory approvals. The company may need additional equity or equity-linked financing, which could substantially dilute existing stockholders. Shares rose 50.61% to $2.50 in after-hours trading Monday after closing the regular session down 4.05% at $1.66. MySize had a market capitalization of approximately $1.21 million, while its shares were down 81.96% over the past year.