Company: PMVC
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-043278
Chunk: 104

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 104
---
 effecting one or more business opportunities. Each of our officers and directors presently has, and any of them in the future may
have, additional fiduciary or contractual obligations to other entities pursuant to which such officer or director is or will be required
to present business opportunities to such entities. Accordingly, they may have conflicts of interest in determining to which entity a
particular business opportunity should be presented. These conflicts may not be resolved in our favor and a potential target business
may be presented to other entities prior to its presentation to us, subject to our officers’ and directors’ fiduciary duties
under Delaware law.

In addition, our Sponsor and our officers and
directors may sponsor or form other companies similar to ours or may pursue other business or investment ventures during the period in
which we are seeking business opportunities. Any such companies, businesses or investments may present additional conflicts of interest
in pursuing business opportunities. However, we do not believe that any such potential conflicts would materially affect our ability to
effect a business opportunity.

Our executive officers, directors, security
holders and their respective affiliates may have competitive pecuniary interests that conflict with our interests.

We have not adopted a policy that expressly prohibits
our directors, executive officers, security holders or affiliates from having a direct or indirect pecuniary or financial interest in
any investment to be acquired or disposed of by us or in any transaction to which we are a party or have an interest. In fact, we may
effect a business opportunity with an entity that is affiliated with our Sponsor, our directors or executive officers, although we do
not intend to do so. Nor do we have a policy that expressly prohibits any such persons from engaging for their own account in business
activities of the types conducted by us. Accordingly, such persons or entities may have a conflict between their interests and ours.

The personal and financial interests of our directors
and officers may influence their motivation in timely identifying and selecting a business opportunity and completing a transaction. Consequently,
our directors’ and officers’ discretion in identifying and selecting a suitable business opportunity may result in a conflict
of interest when determining whether the terms, conditions and timing of a particular business opportunity are appropriate and in our
stockholder’s best interest. If this were the case, it would be a breach of their fiduciary duties to us as a matter of Delaware
law, and we or our stockholders might have a claim against such individuals for infringing on our stockholder’s rights. However,
we might not ultimately be