Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 43

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 43
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 be absent any conflicts of interest.

26

We
may issue notes or other debt securities, or otherwise incur substantial debt, to effect a business opportunity, which may adversely
affect our leverage and financial condition and thus negatively impact the value of our stockholder’s investment in us.

Although
we have no current commitments to issue any notes or other debt securities, or to otherwise incur outstanding debt, we may choose to
incur substantial debt to effect a business opportunity. The incurrence of debt could have a variety of negative effects, including:

    ➤
    default
    and foreclosure on our assets if our operating revenues are insufficient to repay our debt obligations;

    ➤
    acceleration
    of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants
    that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation of that covenant;

    ➤
    our
    immediate payment of all principal and accrued interest, if any, if the debt security is payable on demand;

    ➤
    our
    inability to obtain necessary additional financing if the debt security contains covenants restricting our ability to obtain such
    financing while the debt security is outstanding;

    ➤
    our
    inability to pay dividends on our Class A common stock;

    ➤
    using
    a substantial portion of our cash flow to pay principal and interest on our debt, which will reduce the funds available for dividends
    on our Class A common stock if declared, expenses, capital expenditures, acquisitions and other general corporate purposes;

    ➤
    limitations
    on our flexibility in planning for and reacting to changes in our business and in the industry in which we operate;

    ➤
    increased
    vulnerability to adverse changes in general economic, industry and competitive conditions and adverse changes in government regulation;
    and

    ➤
    limitations
    on our ability to borrow additional amounts for expenses, capital expenditures, acquisitions, debt service requirements, execution
    of our strategy and other purposes and other disadvantages compared to our competitors who have less debt.

We
may only be able to effect 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.

We
may only be able to effect one business opportunity. By effecting a business opportunity with only a single entity