Company: MYSEW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110045
Chunk: 162

Company: Myseum, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 162
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 to RPM Interactive, Inc. (“RPM Interactive”) and
shifted its focus to developing AI-driven podcast and gaming technologies.

Following the acquisition, in January 2025, we
returned 3,500,000 shares of the RPM Interactive common stock held by us to RPM Interactive, which shares were cancelled and are no longer
outstanding on RPM Interactive’s stock ledger. Following these transactions, we hold 9,000,000 shares of the RPM Interactive’s
common stock, or approximately 34% of its outstanding shares.

The Habytat

Prior to the acquisition of RPM, we developed
and launched, in November 2022, the Habytat, a virtual space that blends real world and virtual realities into one, in real time, using
emerging technology like virtual and augmented reality, to create a highly immersive 3D environment. We had further contemplated spinning-off
our Habytat platform business into a new standalone public company pursuant to a distribution of the shares. As discussed above, following
our acquisition of RPM in October 2024, we ceased our development of the Habytat platform and are evaluating ways to utilize the technology
that had been developed by our subsidiary.

24

Recent Events

On August 7, 2025, we filed a Certificate of Amendment
to our Amended and Restated Articles of Incorporation with the Secretary of State of the State of Nevada to change the name of the Company
to “Myseum, Inc.” In connection with the name change, the trading symbols for our common stock and Series A warrants
began trading on the Nasdaq Capital Market on August 11, 2025 as “MYSE” and “MYSEW”, respectively.

Basis of Presentation

The financial statements contained herein have
been prepared in accordance with accounting principles generally accepted in the United States of America (the “U.S. GAAP”)
and the requirements of the Securities and Exchange Commission.

Critical Estimates

This management’s discussion and analysis
of financial condition and results of operations is based on our financial statements, which have been prepared in accordance with U.S.
GAAP. The preparation of these consolidated financial statements requires us to make estimates and assumptions that affect the reported
amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements,
and the reported amounts of revenue and expenses during the reported period. In accordance with U.S. GAAP, we base our estimates on historical
experience and on various