Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 158

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 158
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 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. Despite our agreement to obtain an opinion
regarding the fairness to our company from a financial point of view of a business opportunity with one or more businesses affiliated
with our Sponsor, executive officers, directors or existing holders, potential conflicts of interest still may exist and, as a result,
the terms of the business opportunity may not be as advantageous to our public stockholders as they would be absent any conflicts of interest.

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We may issue notes or other debt securities,
or otherwise incur substantial debt, to effect a business opportunity, which may adversely affect our leverage and financial condition
and thus negatively impact the value of our stockholder’s investment in us.

Although we have no current commitments to issue
any notes or other debt securities, or to otherwise incur outstanding debt, we may choose to incur substantial debt to effect a business
opportunity. The incurrence of debt could have a variety of negative effects, including:

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