Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 1259

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9
Chunk 1259
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 rename images for PC and MAC devices using AI with integration to Gemini, OpenAI
and Claude and (ii) certain domain names (the “Assets”) in consideration for the transfer by the Company of 8,000,000 restricted
shares of common stock of RPM Interactive. 

On October 29, 2024 (the “Closing Date”
and measurement date), RPM Interactive, the Company’s subsidiary, entered into and closed on a Share Exchange Agreement (the “Share
Exchange Agreement”) with (i) RPM Interactive, Inc., a private Florida corporation incorporated on August 23, 2024 (“RPM Florida”);
and (ii) the shareholders of RPM Florida. Pursuant to the Share Exchange Agreement, RPM Interactive acquired 100% of the shares of RPM
Florida in exchange for 3,500,000 shares of RPM Interactive’s common stock. RPM Florida is a web publishing company that leverages
generative AI systems to offer consumers entertaining gaming apps and podcasting offerings in the sports, finance, entertainment and politics
categories (See Note 5).

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING
POLICIES

Basis of presentation

On September 19, 2023, the Company filed a Certificate
of Change (the “Certificate of Change”) with the Secretary of State of the State of Nevada to effectuate a 1-for-10 reverse
stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding and authorized shares of common stock,
par value $0.0001 per share (“Common Stock”). The Reverse Stock Split became effective on September 19, 2023. Proportional
adjustments for the Reverse Stock Split were made to the Company’s outstanding stock options, warrants and equity incentive plans,
and authorized shares. On December 27, 2023, the Company filed a Certificate of Change (the “Certificate of Change”) with
the Secretary of State of the State of Nevada to increase the number of authorized common stock from 18,000,000 shares to 180,000,000
shares. All share and per-share data and amounts have been retroactively adjusted as of the earliest period presented in the consolidated
financial statements to reflect the Reverse Stock Split.

The Company consolidates its subsidiaries that
are wholly-owned and majority owned, and entities that are variable interest entities (“VIE”) where the Company is determined
to be the primary beneficiary. The Company’s consolidated financial statements include the accounts of the parent entity. Dat