Company: PMVC
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-043278
Chunk: 102

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 102
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 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 a particular business opportunity is the most advantageous.

Our key personnel may be able to remain with our
company post-transaction only if they are able to negotiate employment or consulting agreements. Such negotiations would take place simultaneously
with the negotiation of the transaction and could provide for such individuals to receive compensation in the form of cash payments and/or
our securities for services they would render to us with respect to such business opportunity. Such negotiations also could make such
key personnel’s retention or resignation a condition to a transaction. The personal and financial interests of such individuals
may influence their motivation in identifying and selecting a business opportunity, subject to their fiduciary duties under Delaware law.

We may have a limited ability to assess
a prospective business opportunity and, as a result, may identify and effect a business opportunity whose management may not have the
skills, qualifications or abilities to manage a public company, which could, in turn, negatively impact the value of our stockholder’s
investment in us.

When evaluating the desirability of effecting
a business opportunity, our ability to assess management may be limited due to a lack of time, resources or information. Our assessment
of the capabilities of the management team, therefore, may prove to be incorrect and such management may lack the skills, qualifications
or abilities we suspected.