Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 256

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 4
Chunk 256
---
 may consider
to be in their best interests. Holders of our Founder Shares will be entitled to ten (10) votes for each Founder Share held at any annual
or special meeting of stockholders or in the case of any written consent of stockholders in lieu of a meeting and for all purposes. Holders
of our public shares will be entitled to one vote for each such share. Additionally, only holders of our Founder Shares will have the
right to vote on the election of directors. Holders of our public shares will not be entitled to vote on the election of directors. This
may entrench management and discourage unsolicited stockholder proposals that may be in the best interest of stockholders. Moreover,
our board of directors has the ability to designate the terms of and issue new series of preferred stock.

We
are also subject to anti-takeover provisions under Delaware law, which could delay or prevent a change of control. Together these
provisions may make more difficult the removal of management and may discourage transactions that otherwise could involve payment of
a premium over prevailing market prices for our securities.

Our
certificate of incorporation provides, subject to limited exceptions, that the Court of Chancery of the State of Delaware will be the
sole and exclusive forum for certain stockholder litigation matters, which could limit our stockholder’s ability to obtain a favorable
judicial forum for disputes with us or our directors, officers, employees or stockholders.

Our
certificate of incorporation requires, to the fullest extent permitted by law, that derivative actions brought in our name, actions against
directors, officers and employees for breach of fiduciary duty and other similar actions may be brought only in the Court of Chancery
in the State of Delaware and, if brought outside of Delaware, the stockholder bringing the suit will be deemed to have consented to service
of process on such stockholder’s counsel except any action (A) as to which the Court of Chancery in the State of Delaware determines
that there is an indispensable party not subject to the jurisdiction of the Court of Chancery (and the indispensable party does not consent
to the personal jurisdiction of the Court of Chancery within ten days following such determination), (B) which is vested in the exclusive
jurisdiction of a court or forum other than the Court of Chancery, (C) for which the Court of Chancery does not have subject matter jurisdiction,
or (D) any action arising under the Securities Act, as to