Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 302

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 2
Chunk 302
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ITEM 2. PROPERTIES

We currently maintain our principal executive
offices at 249 Royal Palm Way, Suite 503, Palm Beach, FL 33480. The cost for this space is included in the $10,000 per-month fee PMV Consumer
Delaware Management Partners LLC, an affiliate of our Sponsor, charges us for general and administrative services. We consider our current
office space, combined with the other office space otherwise available to our executive officers, adequate for our current operations.

ITEM 3. LEGAL PROCEEDINGS

None.

ITEM 4. MINE SAFETY DISCLOSURES

Not applicable.

17

PART II

ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information 

Our Class A common stock and warrants are eligible
for quotation on the Pink Tier of the OTC Markets Group under the symbols PMVC and PMVC.WS, respectively.

Holders

As of March 27, 2025, there was 1 holder of record
of our Class A common stock, 1 holder of record of our Class B common stock, and 1 holder of record of our warrants. This figure does
not reflect the beneficial ownership of shares held in nominee name.

Dividends

We have not paid any cash dividends on our shares
of common stock to date and do not intend to pay cash dividends prior to the completion of a transaction. The payment of cash dividends
in the future will be contingent upon our revenues and earnings, if any, capital requirements, and general financial condition subsequent
to the completion of a transaction. The payment of any dividends subsequent to a transaction will be within the discretion of our then
board of directors. It is the present intention of our board of directors to retain all earnings, if any, for use in our business operations
and, accordingly, our board does not anticipate declaring any dividends in the foreseeable future. Further, if we incur any indebtedness
in connection with a transaction, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection
therewith.

Recent Sales of Unregistered Securities; Use
of Proceeds from Registered Securities

There were no recent sales of unregistered securities.

ITEM 6. RESERVED.

ITEM 7. MANAGEMENT’S DISCUSSION
AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 

Special Note Regarding Forward-L