Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 6

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 6
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 taxes with respect to their ownership of us after the reincorporation.

Our
ability to successfully effect a business opportunity and to be successful thereafter will be totally dependent upon the efforts of our
key personnel. The loss of key personnel could negatively impact the operations and profitability of a business opportunity.

Prior
to the completion of a transaction, our operations will be dependent upon a relatively small group of individuals and, in particular,
our executive officers and directors. We believe that our success depends on the continued service of our officers and directors, at
least until we have completed a business opportunity. In addition, our executive officers and directors are not required to commit any
specified amount of time to our affairs and, accordingly, will have conflicts of interest in allocating their time among various business
activities, including identifying potential business opportunities and monitoring the related due diligence. We do not have an employment
agreement with, or key-man insurance on the life of, any of our directors or executive officers. The unexpected loss of the services
of one or more of our directors or executive officers could have a detrimental effect on us.

The
role of key personnel in a business opportunity, however, cannot presently be ascertained. Although some key personnel may remain in
senior management or advisory positions following a transaction, it is equally likely that some or all may be replaced. While we intend
to closely scrutinize any individuals we engage in relation to a particular business opportunity, we cannot assure you that our assessment
of these individuals will prove to be correct. These individuals may be unfamiliar with the requirements of operating a company regulated
by the SEC, which could cause us to have to expend time and resources helping them become familiar with such requirements. In addition,
certain officers and directors may resign upon completion of a transaction. The departure of key personnel could negatively impact our
operations and profitability. The role of key personnel cannot be ascertained at this time. Although we contemplate that certain members
of the management team will remain post-transaction, it is possible that members of management will not wish to remain. The loss of key
personnel could negatively impact the operations and profitability of our post-transaction business.

Our
key personnel may negotiate employment or consulting agreements in connection with a particular business opportunity, and a particular
business opportunity may be conditioned on the retention or resignation of such key personnel. These agreements may provide for them
to receive compensation following a transaction and, as a result, may cause them to have conflicts of interest in determining whether