Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 119

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 119
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 Act requires that we evaluate and report on our system of internal controls beginning with our Annual
Report on Form 10-K. Only in the event we are deemed to be a large accelerated filer or an accelerated filer and no longer an emerging
growth company will we be required to comply with the independent registered public accounting firm attestation requirement on our internal
control over financial reporting. Further, for as long as we remain an emerging growth company, we will not be required to comply with
the independent registered public accounting firm attestation requirement on our internal control over financial reporting. The development
and maintenance of internal control to achieve compliance with the Sarbanes-Oxley Act may increase the time and costs necessary
to effect a business opportunity.

29

Provisions
in our certificate of incorporation and bylaws and Delaware law may inhibit a takeover of us, which could limit the price investors might
be willing to pay in the future for our common stock and could entrench management.

Our
certificate of incorporation and bylaws contain provisions that may discourage unsolicited takeover proposals that stockholders may consider
to be in their best interests. Holders of our Founder Shares will be entitled to ten (10) votes for each Founder Share held at any annual
or special meeting of stockholders or in the case of any written consent of stockholders in lieu of a meeting and for all purposes. Holders
of our public shares will be entitled to one vote for each such share. Additionally, only holders of our Founder Shares will have the
right to vote on the election of directors. Holders of our public shares will not be entitled to vote on the election of directors. This
may entrench management and discourage unsolicited stockholder proposals that may be in the best interest of stockholders. Moreover,
our board of directors has the ability to designate the terms of and issue new series of preferred stock.

We
are also subject to anti-takeover provisions under Delaware law, which could delay or prevent a change of control. Together these
provisions may make more difficult the removal of management and may discourage transactions that otherwise could involve payment of
a premium over prevailing market prices for our securities.

Our
certificate of incorporation provides, subject to limited exceptions, that the Court of Chancery of the State of Delaware will be the
sole and exclusive forum for certain stockholder litigation matters, which could limit our stockholder’s ability to obtain a favorable
judicial forum for disputes with us or our directors, officers, employees or