8-K: Myseum Divests RPM Interactive Stake, Forgives Debt

Myseum, Inc. completed the sale of its 34% interest in RPM Interactive for approximately $6.5 million and simultaneously forgave $5.2 million in debt owed by RPM Interactive.

Summary

• Myseum, Inc. (MYSE) entered into a Debt Forgiveness and Contribution Agreement with RPM Interactive, Inc. on December 11, 2025.
• Myseum forgave and extinguished $5,202,132 in debt previously advanced to RPM Interactive, without any payment or consideration from RPM.
• Myseum's CEO and Chairman, Darin Myman, also serves as President and a Board member of RPM Interactive.
• On December 15, 2025, Myseum announced the completion of the sale of its approximately 34% ownership interest in RPM Interactive.
• This sale was part of a 100% acquisition of RPM Interactive by Avalon GloboCare Corp. (Nasdaq: ALBT).
• Myseum's share of the sale was approximately $6.5 million.
• The total acquisition price for RPM Interactive was $19.5 million, paid by Avalon issuing 19,500 shares of Series E Non-Voting Convertible Preferred Stock to RPM's stockholders.
• Each Series E Preferred Stock share has a stated value of $1,000 and is convertible into Avalon common stock at $1.50.
• RPM Interactive developed the "Catch-Up Software-as-a-Service (SaaS) platform" for automated video content creation and publishing.

Sentiment

Score: 6

Explanation: Myseum successfully divested its minority stake in RPM Interactive for $6.5 million, which is positive for focusing on core business. However, the simultaneous forgiveness of over $5.2 million in debt owed by RPM Interactive represents a substantial financial write-off, offsetting a significant portion of the sale proceeds. The strategic rationale for focusing on core interactive media is sound, but the financial terms are mixed.

Positives

• Completed the divestiture of a non-core asset, RPM Interactive, for approximately $6.5 million.
• Enables Myseum to focus resources on expanding its core "Picture Party" business and primary growth initiatives in the interactive media space.
• Streamlines Myseum's portfolio by exiting a minority ownership.

Negatives

• Forgave $5,202,132 in debt owed by RPM Interactive without any payment or consideration, representing a direct financial write-off.

Risks

• Standard risks associated with forward-looking statements, including uncertainties that could cause actual results to differ materially from projections.

Future Outlook

Myseum intends to focus its resources on expanding its core "Picture Party" business and pursuing primary growth initiatives in the interactive media space following the divestiture. A desktop version of the Myseum platform is planned for later this year.

Management Comments

• "We appreciate the value that Michael Matthews and his team have helped build for the RPM shareholders and wish them continued success as part of the Avalon platform."
• "This transaction completes Myseum's divestiture of its interest in RPM Interactive and enables us to focus our resources on expanding our core Picture Party business."
• "This strategic step further strengthens Myseum's position as we pursue our primary growth initiatives in the interactive media space."

Industry Context

The divestiture allows Myseum to streamline its operations and concentrate on its "Picture Party" and "DatChat Messenger" platforms, aligning with a trend of companies focusing on core competencies in the competitive social media and interactive technology sectors. RPM Interactive's SaaS platform for automated video content creation suggests a growing market for AI-driven content solutions.

Related Party Transactions

• Myseum forgave $5,202,132 in debt owed by RPM Interactive.
• Darin Myman, Myseum's Chief Executive Officer and Chairman, also serves as President and a member of the Board of Directors of RPM Interactive.

Stakeholder Impact

• Shareholders: Potential positive impact from strategic focus on core business and cash inflow from sale, but offset by the debt forgiveness. The long-term impact depends on the success of the "Picture Party" business.
• Management: Streamlined focus for Myseum's leadership on core operations.
• Employees: No direct impact on employees mentioned, but a clearer strategic direction could benefit Myseum employees.

Next Steps

• Expanding the core "Picture Party" business.
• Pursuing primary growth initiatives in the interactive media space.
• Launching a desktop version for the Myseum platform later this year.

Key Dates

Recommendation

While the divestiture for $6.5 million provides capital and strategic focus, the simultaneous forgiveness of over $5.2 million in debt significantly reduces the net financial benefit of the transaction. The strategic shift to focus on the "Picture Party" business is positive, but its future success is yet to be proven. Given the mixed financial impact and the need to see execution on the new strategic focus, a "hold" recommendation is appropriate until further clarity on the core business's growth trajectory and profitability emerges.

Keywords

Myseum, RPM Interactive, Avalon GloboCare, Divestiture, Debt Forgiveness, Acquisition, SaaS, Picture Party, Interactive Media, Social Media, Technology, MYSE, ALBT