Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 258

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 4
Chunk 258
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 financial loss or inability to effect a business opportunity.

There
may be tax consequences that may adversely affect us.

While
we expect to undertake any business opportunity so as to minimize taxes, a particular transaction could result in the imposition of substantial
taxes. Additionally, depending on the date and size of our initial business combination, it is possible that at least 60% of our adjusted
ordinary gross income may consist of personal holding company income. In addition, depending on the concentration of our stock in the
hands of individuals, including the members of our Sponsor and certain tax-exempt organizations, pension funds, and charitable trusts,
it is possible that more than 50% of our stock will be owned or deemed owned (pursuant to the constructive ownership rules) by such persons
during the last half of a taxable year. Thus, no assurance can be given that we will not become a personal holding company following
this offering or in the future. If we are or were to become a personal holding company in a given taxable year, we would be subject to
an additional personal holding company tax, currently 20%, on our undistributed taxable income, subject to certain adjustments.

There
may be uncertain or adverse U.S. federal income tax consequences.

There
may be uncertain U.S. federal income tax consequences pertaining to certain transactions. For instance, the U.S. federal income tax consequences
of a cashless exercise of warrants is unclear under current law. Prospective investors are urged to consult their tax advisors with respect
to these and other tax consequences when purchasing, holding or disposing of our securities.

If
we pursue a business opportunity outside of the United States, we may face additional burdens in connection with investigating, agreeing
to and effecting such business opportunity, and if we effect such business opportunity, we would be subject to a variety of additional
risks that may negatively impact our operations.

If
we pursue a business opportunity outside of the United States, we would be subject to risks associated with a variety of cross-border issues,
including in connection with investigating, agreeing to and effecting a business opportunity, conducting due diligence in a foreign jurisdiction,
having such transaction approved by any local governments, regulators or agencies and changes in the purchase price based on fluctuations
in foreign exchange rates.

If
we effect a business opportunity outside of the United States, we would be subject to any special considerations or risks associated
with operating in an international setting, including any of the following:

●costs and difficulties inherent in managing cross-border