Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 144

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 144
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 the Company disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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,
recapitalization, reorganization or other similar business opportunity with one or more businesses or entities (collectively, a “business
opportunity”). 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;

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    ●
    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 additional financing while such security is outstanding.

Results of Operations

We have neither engaged in any operations nor
generated any revenues to date. Our only activities through June 30, 202