Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 364

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 3
Chunk 364
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 expressions, as they relate to us
or the Company’s management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management,
as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially
from those contemplated by the forward-looking statements as a result of certain factors detailed in our filings with the SEC.

The following discussion and analysis of the Company’s
financial condition and results of operations should be read in conjunction with our audited financial statements and the notes related
thereto which are included in “Item 8. Financial Statements and Supplementary Data” of this Annual Report on Form 10-K. Certain
information contained in the discussion and analysis set forth below includes forward-looking statements. Our actual results may differ
materially from those anticipated in these forward-looking statements as a result of many factors, including those set forth under “Cautionary
Note Regarding Forward-Looking Statements and Risk Factor Summary,” “Item 1A. Risk Factors” and elsewhere in this Annual
Report on Form 10-K.

18

Overview

We are a shell company formed under the laws of
the State of Delaware on March 18, 2020 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase,
reorganization or other similar business opportunity with one or more businesses or entities. Our efforts to identify a prospective business
opportunity will not be limited to a particular industry or geographic location, although we are currently focusing our search for a business
opportunity in the consumer products industry. We intend to effectuate a business opportunity using cash, our capital stock, debt or a
combination of cash, stock and debt.

The issuance of additional shares of our stock
in a transaction:

    ●
    may significantly reduce the equity interest of our stockholders;

    ●
    may subordinate the rights of holders of shares of common stock if we issue shares of preferred stock with rights senior to those afforded to our shares of common stock;

    ●
    will likely cause a change in control if a substantial number of our shares of common stock are issued, which may affect, among other things, our ability to use our net operating loss carry forwards, if any, and most likely will also result in the resignation or removal of our present officers and directors; and

    ●
    may adversely affect prevailing market prices for our securities.

Similarly, if we issue debt securities or otherwise
incur significant indebtedness, it could result in