Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 111

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 111
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uniary 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 successful in any claim we may make against them for such reason.

We may effect a business opportunity with
one or more entities that have relationships with entities that may be affiliated with our Sponsor, executive officers, directors or existing
holders, which may raise potential conflicts of interest.

In light of the involvement of our Sponsor, executive
officers and directors with other entities, we may decide to effect one or more business opportunities that are affiliated with our Sponsor,
executive officers, directors or existing holders. Our directors also serve as officers and board members for other entities. Such entities
may compete with us for business opportunities. Our Sponsor, officers and directors are not currently aware of any specific business opportunities
involving any entities with which they are affiliated, and there have been no substantive discussions concerning a business opportunity
with any such entity or entities. Although we will not be specifically focusing on, or targeting, any transaction with any affiliated
entities, we would pursue such a transaction if we determined that such affiliated entity met our criteria for a business opportunity,
and such transaction was approved by a majority of our independent and disinterested directors.