Company: GVSE
Filing Date: 2025-04-17
Form Type: S-1/A
Source: 0001641172-25-005196
Chunk: 28

Company: Gameverse Interactive Corp
Filing Date: 2025-04-17
Form: S-1/A
Chunk 28
---
 requirements.

After completion of this offering, Jared
Thau and Jordan Thau will continue to control a majority of the voting power of our outstanding common stock. As a result, we will be
a “controlled company” within the meaning of the corporate governance standards of the NYSE American. Under these
rules, a company of which more than 50% of the voting power for the election of directors is held by an individual, group or another
company is a “controlled company” and may elect not to comply with certain corporate governance requirements, including:

| ● | the                                                                                                                                    
 requirement that a majority of our Board consist of independent directors;                                                             |
| ● | the                                                                                                                                    
 requirement that we have a nominating and corporate governance committee that is composed entirely of independent directors with       
 a written charter addressing the committee’s purpose and responsibilities;                                                             |
| ● | the                                                                                                                                    
 requirement that we have a compensation committee that is composed entirely of independent directors with a written charter addressing 
 the committee’s purpose and responsibilities; and                                                                                      |
| ● | the                                                                                                                                    
 requirement for an annual performance evaluation of the nominating and corporate governance and compensation committees.               |

Following this offering, we intend
to utilize these exceptions. As a result, we may not have a majority of independent directors on our Board, our compensation and nominating
and corporate governance committees may not consist entirely of independent directors and our compensation and nominating and corporate

Table of Contents

governance committees may not be subject
to annual performance evaluations. Accordingly, you will not have the same protections afforded to shareholders of companies that are
subject to all of the corporate governance requirements of the NYSE American.

| 15 |

<div align='center'>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</div>

This prospectus contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. Forward-looking statements give our current expectations or forecasts of future events and can be identified by the fact that they do not relate strictly to historical or current facts. In particular, these include statements relating to future actions, prospective products, market acceptance, future performance or results of current and anticipated products, sales efforts, expenses, and the outcome of contingencies such as legal proceedings and financial results. Forward-looking statements involve risks and uncertainties and include statements regarding, among other things, our projected revenue growth and profitability, our growth strategies and opportunity, anticipated trends in our market and our anticipated needs for working capital. They are generally identifiable by use of the words “may,” “