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Myseum, Inc. (Nasdaq: MYSE) a leader in digital privacy and next-generation social media technology, today announced the successful completion of the sale of its approximately 35% minority ownership interest in RPM Interactive, Inc. (“RPM”), following Avalon GloboCare Corp.’s (Nasdaq: ALBT) agreement to acquire 100% of RPM.
The acquisition values RPM at $19.5 million, resulting in approximately $6.8 million in value attributable to Myseum, which will be received in a newly designated series of Avalon preferred stock. This transaction provides Myseum with a meaningful non-dilutive balance sheet enhancement as the Company enters its most significant product expansion cycle to date.
Along with Myseum, see SmallCap Stocks to Watch Now: AMC Robotics (NASDAQ: AMCI), Quipt Home Medical Corp (NASDAQ: QIPT), Artiva Bio (NASDAQ: ARTV) and Biodexa Pharmaceuticals (NASDAQ: BDRX) all active in intraday trading sessions.
CEO Commentary
“We appreciate the value Michael Matthews and his team have created for RPM shareholders and wish them continued success under the Avalon umbrella,” said Darin Myman, CEO of Myseum. “The divestiture of our RPM interest is an important strategic milestone for Myseum, enabling us to sharpen our focus and allocate resources toward accelerating the rollout of our core privacy-first platforms, including our upcoming Picture Party by Myseum launch. Strengthening our balance sheet while tightening our strategic alignment positions Myseum for the next phase of high-growth initiatives in the interactive media and digital privacy sectors.”
Strategic Impact for Myseum
The transaction:
- Adds approximately $6.8 million in value to Myseum’s balance sheet
- Consolidates the Company’s focus on its flagship product ecosystem, including Picture Party and the Timeless Digital Shoebox®
- Advances Myseum’s position in the rapidly growing privacy-first social media market
- Supports ongoing investment in next-generation, AI-resistant digital media technologies
With Myseum preparing for multiple product and patent-driven catalysts in 2025, today’s announcement strengthens its financial and operational foundation as the Company moves closer to the public release of Picture Party, its next-generation encrypted media-sharing platform designed for secure, private digital interactions.