Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 105

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 105
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ation of our assets, proprietary information and sensitive or confidential
data. As an early stage company without significant investments in data security protection, we may not be sufficiently protected against
such occurrences. We may not have sufficient resources to adequately protect against, or to investigate and remediate any vulnerability
to, cyber incidents. It is possible that any of these occurrences, or a combination of them, could have adverse consequences on our business
and lead to 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 a business opportunity, 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 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