Company: MYSEW
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001013762-25-004290
Chunk: 1689

Company: Myseum, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 12
Chunk 1689
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 December 31, 2024, the aggregate intrinsic
value of options outstanding was $0.

Common Stock Warrants

On January 16, 2024, in connection with the Underwriting
Agreement, the Company sold pre-funded warrants to purchase up to 590,000 shares of Common Stock (the “Pre-Funded Warrants”).
The public offering price was $1.8499 for each Pre-Funded Warrant for aggregate gross proceeds of $1,091,441. The per share exercise price
for the Pre-Funded Warrants was $0.0001 and the Pre-Funded Warrants were exercisable immediately. The Underwriters immediately exercised
the 590,000 Pre-Funded Warrants and the Underwriters received 589,981 shares of Common Stock since the exercise was cashless.

A summary of the Company’s outstanding stock
warrants, including 44,252 Series A public warrants, is presented below:

     Number of Warrants   Weighted Average Exercise Price   Weighted Average Remaining Contractual Life (Years)   Balance on December 31, 2022   67,385   $49.80    3.65   Cancelled   -             Balance on December 31, 2023   67,385    49.80    2.65   Granted   590,000             Exercised   (590,000)   -    -   Balance on December 31, 2024   67,385   $49.80    1.65   Warrants exercisable on December 31, 2024   67,385   $49.80    1.65  

On December 31, 2024, the aggregate intrinsic
value of warrants outstanding was $0.

NOTE 8 – COMMITMENTS AND CONTINGENCIES

Operating Lease Agreement

See Note 6 for disclosure on the Company’s operating lease for
its offices.

F-22

DATCHAT, INC. AND SUBSIDIARIES AND CONSOLIDATED ENTITIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2024 and 2023

Employment Agreement

On August 27, 2021 (the “Effective Date”),
the Company entered into an agreement (the