Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 1

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 1
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 by us and, accordingly, may have conflicts of interest in determining to which entity a
    particular business opportunity should be presented.

    ●
    Our limited resources may
    make our financial condition unattractive to potential business opportunities, which may make it difficult for us to enter into a
    transaction.

    ●
    We may engage in a business
    opportunity with one or more businesses or entities that have relationships with entities that may be affiliated with our Sponsor,
    executive officers and directors, which may raise potential conflicts of interest.

    ●
    We will likely only be
    able to complete one business opportunity, which will cause us to be solely dependent on a single business which may have a limited
    number of products or services. This lack of diversification may negatively impact our operations and profitability.

    ●
    Our warrants are accounted
    for as liabilities and changes in the value of our warrants could have a material effect on our financial results.

1

The
risk factors set forth below provide more detailed disclosure of the risks relating to our operations.

We
are a recently formed company with no operating history and no revenues, and you have no basis on which to evaluate our ability to achieve
our business objective.

We
are a recently formed company with no operating results. Because we lack an operating history, you have no basis upon which to evaluate
our ability to achieve our business objectives. We have no plans, arrangements or understandings with respect to any business opportunity
and may be unable to complete a transaction. If we fail to complete a transaction, we may never generate any operating revenues.

If
we elect to take advantage of the controlled company standards, we would be exempt from various corporate governance requirements.

Certain
listing rules generally define a “Controlled Company” as any company of which more than 50% of the voting power for the election
of directors is held by an individual, a group or another company. Only holders of the founder shares will have the right to vote on
the election of directors. More than 50% of the founder shares are held by our sponsor. Accordingly, we satisfy the definition of being
a controlled company. We may in the future elect to take advantage of the controlled company standards, pursuant to which we would be
exempt from various corporate governance requirements, such as the requirement to have a majority of independent directors and to have
nominating/corporate governance and compensation committees comprised entirely of independent directors.

Because
of our limited resources and the significant