Company: MYSEW
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110045
Chunk: 177

Company: Myseum, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 177
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 remediate the underlying causes of the control deficiencies that gave rise to the material
weaknesses. Remediation efforts include the possible hiring of additional accounting and finance personnel with appropriate expertise
to strengthen overall controls and the establishment of disbursement review and approval processes. The material weaknesses will not be
considered remediated until management designs and implements effective controls that operate for a sufficient period of time and management
has concluded, through testing, that these controls are effective. Our management will monitor the effectiveness of our remediation plan
and will make changes management determines to be appropriate. Until the remediation efforts (including any additional measures management
identifies as necessary) are completed, the material weaknesses described above will continue to exist.

Changes in Internal Control over Financial
Reporting.

There have been no changes in our internal control
over financial reporting during our most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect,
our internal control over financial reporting.

Limitations on Effectiveness of Controls and
Procedures

In designing and evaluating the disclosure controls
and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable
assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the
fact that there are resource constraints and that management is required to apply judgment in evaluating the benefits of possible controls
and procedures relative to their costs.

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PART II. OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS.

From time to time, we may become involved in various
lawsuits and legal proceedings, which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an
adverse result in these or other matters may arise from time to time that may harm our business. We are currently not aware of any such
legal proceedings or claims that will have, individually or in the aggregate, a material adverse effect on our business, financial condition
or operating results.

ITEM 1A. RISK FACTORS.

Risk factors that affect our business and financial
results are discussed in Part I, Item 1A “Risk Factors,” in our Annual Report on Form 10-K for the year ended December 31,
2024 as filed with the SEC on March 31, 2025 (“Annual Report”). There have been no material changes in our risk factors from
those previously disclosed in our Annual Report. You should carefully consider the risks described in our Annual Report, which could materially
affect