Company: GVSE
Filing Date: 2025-03-24
Form Type: S-1
Source: 0001641172-25-000381
Chunk: 54

Company: Gameverse Interactive Corp
Filing Date: 2025-03-24
Form: S-1
Chunk 54
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independent” as the term is used in Item 7(d)(3)(iv) of Schedule 14A under the Exchange Act. We believe that the members of our Audit and Finance Committee are collectively capable of analyzing and evaluating our consolidated financial statements and understanding internal controls and procedures for financial reporting.

| 33 |

Compensation Committee

Our compensation committee consists of Nate Larsen
and Orlando Barrowes, with Nate Larsen serving as Chairperson, and each of whom meet the requirements for independence under
the listing standards of the Nasdaq and SEC rules and regulations. Each member of our compensation committee is a non-employee
director, as defined pursuant to Rule 16b-3 promulgated under the Exchange Act, or Rule 16b-3. Effective prior to the effectiveness of
the registration statement of which this prospectus forms a part, our compensation committee will, among other things:

| ● | review,                                                                                                                            
 approve and determine, or make recommendations to our board of directors regarding, the compensation of our executive officers;    |
| ● | administer                                                                                                                         
 our equity compensation plans;                                                                                                     |
| ● | review                                                                                                                             
 and approve and make recommendations to our board of directors regarding incentive compensation and equity compensation plans; and |
| ● | establish                                                                                                                          
 and review general policies relating to compensation and benefits of our employees.                                                |

Our compensation committee will operate under a written charter, to be effective prior to effectiveness of the registration statement of which this prospectus forms a part, that satisfies the applicable rules and regulations of the SEC and the listing standards of the Nasdaq.

Compensation Committee Interlocks and Insider Participation

None of the members of our compensation committee is or has been an officer or employee of our company. None of our executive officers currently serves, or in the past year has served, as a member of the board of directors or compensation committee (or other board committee performing equivalent functions) of any entity that has one or more of its executive officers serving on our board of directors or compensation committee. See the section titled “Certain Relationships and Related Party Transactions” for information about related party transactions involving members of our compensation committee or their affiliates.

Outstanding Equity Awards at Fiscal Year End

During our fiscal years ended December 31, 2024,
and 2023, the Company issued warrants to purchase shares of common stock in the amount of 512,000 and 193,500, respectively. These warrants
were issued in connection with shares of common stock and have a five-year