Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 109

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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 complete a transaction with an affiliated entity, we are not required to obtain an opinion from an independent investment banking
firm, or another valuation or appraisal firm that commonly renders fairness opinions, that the price we are paying is fair to our stockholders
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