Company: GVSE
Filing Date: 2025-03-24
Form Type: S-1
Source: 0001641172-25-000381
Chunk: 98

Company: Gameverse Interactive Corp
Filing Date: 2025-03-24
Form: S-1
Chunk 98
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 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 3,700,000 shares.

During the year ended December 31, 2023, the Company issued 193,500 warrants, which are exercisable at a $3.00 strike price.

On January 24, 2024, the Company issued 25,000 common shares of stock, par value $0.001 and 25,000 warrants at a $3.00 strike price under a subscription agreement.

On February 28,2024, the Company issued 5,000 common shares of stock, par value $0.001 and 5,000 warrants at a $3.00 strike price under a subscription agreement.

On October 22, 2024, the Company issued 200,000 shares of stock, par value $0.001 and 200,000 warrants at a $3.00 strike price under a subscription agreement. This private placement generated $400,000 in cash for the Company.

On October 25, 2024, the
Company issued 250,000 shares of stock, par value $0.001 and 250,000 warrants at a $3.00 strike price under a subscription agreement.
This private placement generated $500,000 in cash for the Company.

On November 11, 2024, the
Company issued 12,500 shares of stock, par value $0.001 and 12,500 warrants at a $3.00 strike price under a subscription agreement.
This private placement generated $25,000 in cash for the Company.

On November 13, 2024, the Company
issued 17,500 shares of stock, par value $0.001 and 17,500 warrants at a $3.00 strike price under a subscription agreement. This
private placement generated $35,000 in cash for the Company.

On November 14, 2024, the Company
issued 2,000 shares of stock, par value $0.001 and 2,000 warrants at a