Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 154

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 154
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 from a financial point of view. If no opinion
is obtained, our stockholders will be relying on the judgment of our board of directors, who will determine fair market value based on
standards generally accepted by the financial community.

Resources could be wasted in researching
business opportunities that are not completed, which could materially adversely affect subsequent attempts to identify and effect a business
opportunity. If we are unable to complete a transaction, our warrants may expire worthless.

We anticipate that the investigation of each specific
business opportunity and the negotiation, drafting and execution of relevant agreements, disclosure documents and other instruments will
require substantial management time and attention and substantial costs for accountants, attorneys and others. If we decide not to complete
a specific business opportunity, the costs incurred up to that point for the proposed transaction likely would not be recoverable. Furthermore,
if we reach an agreement relating to a specific business opportunity, we may fail to complete the transaction for any number of reasons,
including those beyond our control. Any such event will result in a loss to us of the related costs incurred which could materially adversely
affect subsequent attempts to identify and effect another business opportunity.

We may reincorporate in another jurisdiction
and such reincorporation may result in taxes imposed on stockholders.

We may, subject to requisite stockholder approval
under the DGCL, reincorporate in another jurisdiction. The transaction may require a stockholder to recognize taxable income in the jurisdiction
in which the stockholder is a tax resident or in which its members are resident if it is a tax transparent entity. We do not intend to
make any cash distributions to stockholders to pay such taxes. Stockholders may be subject to withholding taxes or other taxes with respect
to their ownership of us after the reincorporation.

24

Our ability to successfully effect a business
opportunity and to be successful thereafter will be totally dependent upon the efforts of our key personnel. The loss of key personnel
could negatively impact the operations and profitability of a business opportunity.

Prior to the completion of a transaction, our
operations will be dependent upon a relatively small group of individuals and, in particular, our executive officers and directors. We
believe that our success depends on the continued service of our officers and directors, at least until we have completed a business opportunity.
In addition, our executive officers and directors are not required to commit any specified amount of time to our affairs and, accordingly,
will have conflicts of interest in allocating their time among various business activities, including identifying potential business opportunities