Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 154

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 154
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    may engage in a business opportunity with one or more businesses or entities that have relationships with entities that may be affiliated
    with our Sponsor, executive officers and directors, which may raise potential conflicts of interest.

    ●
    We
    will likely only be able to complete one business opportunity, which will cause us to be solely dependent on a single business which
    may have a limited number of products or services. This lack of diversification may negatively impact our operations and profitability.

    ●
    Our
    warrants are accounted for as liabilities and changes in the value of our warrants could have a material effect on our financial
    results.

The
risk factors set forth below provide more detailed disclosure of the risks relating to our operations.

21

We
are a recently formed company with no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve
our business objective.

We
are a recently formed company with no operating results. Because we lack an operating history, you have no basis upon which to evaluate
our ability to achieve our business objectives. We have no plans, arrangements or understandings with respect to any business opportunity
and may be unable to complete a transaction. If we fail to complete a transaction, we may never generate any operating revenues.

If
we elect to take advantage of the controlled company standards, we would be exempt from various corporate governance requirements.

Certain
listing rules generally define a “Controlled Company” as any company of which more than 50% of the voting power for the election
of directors is held by an individual, a group or another company. Only holders of the Founder Shares will have the right to vote on
the election of directors. More than 50% of the Founder Shares are held by our Sponsor. Accordingly, we satisfy the definition of being
a controlled company. We may in the future elect to take advantage of the controlled company standards, pursuant to which we would be
exempt from various corporate governance requirements, such as the requirement to have a majority of independent directors and to have
nominating/corporate governance and compensation committees comprised entirely of independent directors.

Because
of our limited resources and the significant competition for business opportunities, it may be more difficult for us to complete a transaction
and our warrants may expire worthless.

We
expect to encounter intense competition from other entities having a business objective similar to ours, including private investors
(which may be individuals or investment partnerships), blank check companies and other entities, domestic and international, competing