Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 37

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 37
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our shares on the Nasdaq.

Our principal stockholders and management
own a significant percentage of our stock and will be able to exert significant control over matters subject to stockholder approval.

Our directors, executive officers and each of
our stockholders who owned greater than 5% of our outstanding Common Stock beneficially, as of March 28, 2025, own approximately 7.7%
of our common stock outstanding. Accordingly, these stockholders have and will continue to have significant influence over the outcome
of corporate actions requiring stockholder approval, including the election of directors, a merger, the consolidation or sale of all
or substantially all of our assets or any other significant corporate transaction. The interests of these stockholders may not be the
same as or may even conflict with our other investors’ interests. For example, these stockholders could delay or prevent a change
in control of us, even if such a change in control would benefit our other stockholders, which could deprive our stockholders of an opportunity
to receive a premium for their Common Stock as part of a sale of the Company or our assets. The significant concentration of stock ownership
may negatively impact the value of our Common Stock due to potential investors’ perception that conflicts of interest may exist
or arise.

There are risks associated with the completion
of the proposed spin-off of our Habytat platform business.

As previously announced, we plan to spin-off
the Habytat platform business, which will operate independently as a publicly listed company. There is no assurance we will be able to
successfully complete the proposed spin-off. In the event the Company does not complete the spin-off, it could incur write-offs related
to the legal, tax and regulatory costs of the proposed transaction. 

Our Articles of Incorporation, as amended,
our Amended and Restated Bylaws, and Nevada law may have anti-takeover effects that could discourage, delay or prevent a change in control,
which may cause our stock price to decline.

Anti-takeover provisions may limit the ability
of another party to acquire us, which could cause our stock price to decline. Our articles of incorporation, as amended, bylaws and Nevada
law contain provisions that could discourage, delay or prevent a third party from acquiring us, even if doing so may be beneficial to
our stockholders. In addition, these provisions could limit the price investors would be willing to pay in the future for shares of our
common stock.

If our shares become subject to the penny