Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 632

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 7
Chunk 632
---
 those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ WithumSmith+Brown, PC

We have served as the Company’s auditor
since 2020.

New York, New York

March 27, 2025

PCAOB Number 100

F-2

PMV CONSUMER ACQUISITION CORP.

BALANCE SHEETS

    December 31, 

    2024  
    2023 
  
    ASSETS 

    Current assets 

    Cash and cash equivalents 
    $1,113,786  
    $1,072,630 
  
    Prepaid expenses and other current assets 
     11,989  
     129,474 
  
    TOTAL ASSETS 
    $1,125,775  
    $1,202,104 

    LIABILITIES AND STOCKHOLDER’S EQUITY 

    Current liabilities 

    Accrued expenses 
    $139,755  
    $175,745 
  
    Accounts payable – related party 
     512,000  
     392,000 
  
    Income taxes payable 
     6,300  
     10,259 
  
    Total current liabilities 
     658,055  
     578,004 

    Derivative warrant liabilities 
     2,980  
     2,980 
  
    Total Liabilities 
     661,035  
     580,984 

    Commitments and contingencies 

    Stockholder’s Equity 

    Preferred stock, $0.0001 par value; 460,000 shares authorized; none issued or outstanding 
     —  
     — 
  
    Class A common stock (fka Class C common stock), $0.0001 par value; 570,000 shares authorized; 73,169 shares issued and outstanding 
     7  
     7 
  
    Class B convertible common stock, $0.0001 par value; 230,000 shares authorized; 26,831 shares issued and outstanding 
     3  
     3 
  
    Additional paid-in capital 
     1