Company: GVSE
Filing Date: 2025-04-17
Form Type: S-1/A
Source: 0001641172-25-005196
Chunk: 33

Company: Gameverse Interactive Corp
Filing Date: 2025-04-17
Form: S-1/A
Chunk 33
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 the assumed public offering price per share of common stock remains the same and after deducting estimated underwriting discounts and commissions and offering expenses payable by us.

The information above assumes that the underwriters do not exercise their option to purchase additional securities. If the underwriters exercise their option to purchase additional securities in full, the as adjusted, net tangible book value will increase to $0.74 per share, representing an immediate increase to existing stockholders of $0.68 per share and an immediate dilution of $3.26 per share to new investors.

We may choose to raise additional capital due to market conditions or strategic considerations even if we believe we have sufficient funds for our current or future operating plans. To the extent that additional capital is raised through the sale of equity or convertible debt securities, the issuance of these securities could result in further dilution to our stockholders.

The above discussion and table are based on 11,478,000 shares outstanding as of December 31, 2024.

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<div align='center'>SELECTED FINANCIAL AND OTHER DATA</div>

The following tables set forth our selected financial and other data. The selected statements of operations and cash flow data for the years ended December 31, 2024 and 2023, and the selected balance sheet data, have been derived from our audited financial statements included elsewhere in this prospectus. You should read the following selected financial data below in conjunction with the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and financial statements included elsewhere in this prospectus. The selected financial data in this section are not intended to replace, and are qualified in their entirety by, the financial statements and related notes.

Statements of Operations, Balance Sheet and Cash Flow Data

|                                       |     | Year Ended December 31, 
 2024                    |          |   |     | 2023 |            |   |
|:--------------------------------------|:----|:------------------------|---------:|:--|:----|:-----|-----------:|:--|
| Revenue                               |     | $                       |        - |   |     | $    |          - |   |
| Net loss                              |     | $                       | (421,262 | ) |     | $    | (2,016,070 | ) |
| Net cash used in operating activities |     | $                       | (369,515 | ) |     | $    |    (79,674 | ) |
| Ending cash balance