Company: GVSE
Filing Date: 2025-07-16
Form Type: S-1/A
Source: 0001641172-25-019925
Chunk: 53

Company: Gameverse Interactive Corp
Filing Date: 2025-07-16
Form: S-1/A
Chunk 53
---
                                                                                                                      
 have a compensation committee that is composed entirely of independent directors; and                                   |
| ● | we                                                                                                                      
 have a nominating and corporate governance committee that is composed entirely of independent directors.                |

As a controlled company, we will remain
subject to the rules of the Sarbanes-Oxley Act and Nasdaq that require us to have an audit committee composed entirely of
independent directors. Under these rules, we must have at least one independent director on our audit committee by the date our common
stock is listed on Nasdaq, at least two independent directors on our audit committee within 90 days of the listing date, and
at least three directors, all of whom must be independent, on our audit committee within one year of the listing date.

Following this offering, we expect to
have three independent directors, all of which qualify as independent for Audit Committee purposes. Accordingly, we intend to rely on
the controlled company exemption upon completion of this offering because our Board will not be comprised of a majority of independent
directors, and our Compensation Committee and our Nominating and Corporate Governance Committee will not be comprised of entirely of
independent directors or be subject to annual performance evaluations. Accordingly, you may not have the same protections afforded to
shareholders of companies that are subject to all of the Nasdaq corporate governance requirements.

At such time as we are not a “controlled
company” under the corporate governance standards, our committee membership will comply with all applicable requirements of those
standards and a majority of our board of directors will be “independent directors,” as defined under the rules of Nasdaq.

| 37 |

<div align='center'>MANAGEMENT</div>

Executive Officers and Directors

The following table provides information regarding our executive officers and directors as of July 16, 2025:

| Name              |     | Age |     | Position(s)                                                            |
| Executive         
 Officers:         |     |     |     |                                                                        |
| Jared Thau        |     |  24 |     | Founder,                                                               
 President, Chief Executive Officer and Chair of the Board of Directors |
| Jordan            
 Thau              |     |  26 |     | Chief                                                                  
 Technology Officer  and Director                                       |
| John Pitstick     |     |  52 |     | Chief                                                                  
 Financial Officer                                                      |
| Scott             
 P. Barlow         |     |  56 |     | General                                                                
 Counsel                                                                |
| Non-Employee      
 Directors:        |