Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 412

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 3
Chunk 412
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 pricing the asset or liability.

The following tables present information about
the Company’s assets that are measured at fair value on a recurring basis at December 31, 2024 and 2023, and indicate the fair value
hierarchy of the valuation inputs the Company utilized to determine such fair value. 

    Description 
    December 31, 2024  
    Quoted Prices in Active Markets (Level 1)  
    Significant Other Observable Inputs (Level 2)  
    Significant Other Unobservable Inputs (Level 3) 
  
    Liabilities: 

    Derivative Warrant Liabilities – Public Warrants 
    $1,750  
    $      —  
    $1,750  
    $         — 

    Derivative Warrant Liabilities – Private Placement Warrants 
    $1,230  
    $—  
    $1,230  
    $— 

    Description 
    December 31, 2023  
    Quoted Prices in Active Markets (Level 1)  
    Significant Other Observable Inputs (Level 2)  
    Significant Other Unobservable Inputs (Level 3) 
  
    Liabilities: 

    Derivative Warrant Liabilities – Public Warrants 
    $1,750  
    $       —  
    $1,750  
    $       — 

    Derivative Warrant Liabilities – Private Placement Warrants 
    $1,230  
    $—  
    $1,230  
    $— 

 The fair value of the Company’s Public Warrants
at December 31, 2024 and 2023, is based on observable inputs. As of December 31, 2024 and 2023, the measurement of the Private Warrants
is classified as Level 2 due to the use of an observable market quote for a similar asset.

The aforementioned warrant liabilities are not
subject to qualified hedge accounting.

Transfers to/from Levels 1, 2 and 3 are recognized at the end of the
reporting period in which a change in valuation technique or methodology occurs.

F-16

PMV CONSUMER ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024

NOTE 8. SEGMENT INFORMATION

ASC Topic 280, “Segment Reporting,”