Company: GVSE
Filing Date: 2025-07-16
Form Type: S-1/A
Source: 0001641172-25-019925
Chunk: 11

Company: Gameverse Interactive Corp
Filing Date: 2025-07-16
Form: S-1/A
Chunk 11
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, trademarks or service marks to imply a relationship with, or endorsement or sponsorship of us by, any other entity.

We believe we are eligible for, but do not intend to take advantage of, the “controlled company” exemption to the corporate governance rules for Nasdaq-listed companies.

These reduced reporting requirements include pursuant to the “controlled company” exemption:

| ● | the                                                                                                                                       
 requirement to present only two years of audited financial statements and only two years of related management’s discussion               
 and analysis in this prospectus;                                                                                                          |
| ● | the                                                                                                                                       
 ability to elect or delay compliance with new or revised accounting standards until they are made applicable to private companies;        |
| ● | an                                                                                                                                        
 exemption from compliance with the auditor attestation requirement on the effectiveness of our internal control over financial reporting; |
| ● | reduced                                                                                                                                   
 disclosure about our executive compensation arrangements; and                                                                             |
| ● | an                                                                                                                                        
 exemption from the requirements to obtain a non-binding advisory vote on executive compensation or shareholder approval of any golden     
 parachute arrangements.                                                                                                                   |

We may take advantage of these provisions until we are no longer an emerging growth company. We would cease to be an “emerging growth company” upon the earliest to occur of: (i) the last day of the fiscal year in which we have more than $1.235 billion in annual revenue; (ii) the date we qualify as a large accelerated filer, which would occur as of the last day of the fiscal year in which we have been subject to SEC reporting requirements for at least 12 months, we have filed at least one Annual Report on Form 10-K and we have at least $700 million of equity securities held by non-affiliates as of the end of the second quarter of that fiscal year; (iii) the date on which we have, in any three-year period, issued more than $1.0 billion in non-convertible debt securities; and (iv) the last day of the fiscal year ending after the fifth anniversary of the listing of our common stock on Nasdaq. We may choose to take advantage of some but not all of these reduced reporting burdens. We have taken advantage of certain reduced reporting burdens in this prospectus. Accordingly, the information contained herein may be different than the information you receive from other public companies in which you hold stock.

The JOBS Act permits an emerging growth company like us to take advantage of an extended transition period to comply with new or revised accounting standards applicable to public companies until those standards would