Company: GVSE
Filing Date: 2025-04-17
Form Type: S-1/A
Source: 0001641172-25-005196
Chunk: 99

Company: Gameverse Interactive Corp
Filing Date: 2025-04-17
Form: S-1/A
Chunk 99
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 corporation, partnership,         
 joint venture, trust or other enterprise against expenses, including amounts paid in settlement    
 and attorneys’ fees actually and reasonably incurred by the person in connection with              
 the defense or settlement of the action or suit if the person:                                     |

| (a) | Is                                    
 not liable pursuant to NRS 78.138; or |

| (b) | Acted                                                                                     
 in good faith and in a manner which he or she reasonably believed to be in or not opposed 
 to the best interests of the corporation.                                                 |

| 3. | Indemnification                                                                                  
 may not be made for any claim, issue or matter as to which such a person has been adjudged       
 by a court of competent jurisdiction, after exhaustion of all appeals therefrom, to be liable    
 to the corporation or for amounts paid in settlement to the corporation, unless and only         
 to the extent that the court in which the action or suit was brought or other court of competent 
 jurisdiction determines upon application that in view of all the circumstances of the case,      
 the person is fairly and reasonably entitled to indemnity for such expenses as the court         
 deems proper.                                                                                    |

| 4. | To                                                                                                 
 the extent that a director, officer, employee or agent of a corporation has been successful        
 on the merits or otherwise in defense of any action, suit or proceeding referred to in subsections 
 1 and 2, or in defense of any claim, issue or matter therein, the corporation shall indemnify      
 him against expenses, including attorneys’ fees, actually and reasonably incurred by               
 him in connection with the defense.                                                                |

Item 15. Recent Sales of Unregistered Securities.

Each of the individuals was accredited, and there
was no general solicitation in connection with the sales to these individuals.

During 2023 six individuals purchased 193,500
shares of common stock at $2 per share and seven individuals purchased 872,500 shares of common stock at par value of $0.001 per share.
The Company valued the shares at $2 per share and recorded compensation expense of $1,744,128 and $0 for these shares at December 31,
2023 and 2022, respectively.

On December 15, 2022, the Company issued the two Company founders a total of 9,900,000 common shares of stock, par value $0.001. The one founder was issued 6,200,000 while the other founder was issued 3,700,