Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 179

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 179
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 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:

    ●
    default and foreclosure on our assets if our operating revenues after a transaction are insufficient to pay our debt obligations;

    ●
    acceleration of our obligations to repay the indebtedness even if we have made all principal and interest payments when due if the debt security contains covenants that required the maintenance of certain financial ratios or reserves and we breach any such covenant without a waiver or renegotiation of that covenant;

    ●
    our immediate payment of all principal and accrued interest, if any, if the debt security is payable on demand; and

    ●
    our inability to obtain additional financing, if necessary, if the debt security contains covenants restricting our ability to obtain