Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 109

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 109
---
 following a transaction
and, as a result, may cause them to have conflicts of interest in determining whether a particular business opportunity is the most advantageous.

Our key personnel may be able to remain with our
company post-transaction only if they are able to negotiate employment or consulting agreements. Such negotiations would take place simultaneously
with the negotiation of the transaction and could provide for such individuals to receive compensation in the form of cash payments and/or
our securities for services they would render to us with respect to such business opportunity. Such negotiations also could make such
key personnel’s retention or resignation a condition to a transaction. The personal and financial interests of such individuals
may influence their motivation in identifying and selecting a business opportunity, subject to their fiduciary duties under Delaware law.

We may have a limited ability to assess
a prospective business opportunity and, as a result, may identify and effect a business opportunity whose management may not have the
skills, qualifications or abilities to manage a public company, which could, in turn, negatively impact the value of our stockholder’s
investment in us.

When evaluating the desirability of effecting
a business opportunity, our ability to assess management may be limited due to a lack of time, resources or information. Our assessment
of the capabilities of the management team, therefore, may prove to be incorrect and such management may lack the skills, qualifications
or abilities we suspected. Should management not possess the skills, qualifications or abilities necessary to manage a public company,
the operations and profitability of the post-transaction business may be negatively impacted.

Our executive officers and directors will
allocate their time to other businesses, thereby causing conflicts of interest in their determination as to how much time to devote to
our affairs. This conflict of interest could have a negative impact on our ability to effect a business opportunity.

Our executive officers and directors are not required
to, and will not, commit their full time to our affairs, which may result in a conflict of interest in allocating their time between our
operations and our search for a business opportunity and their other businesses. We do not intend to have any full-time employees
prior to the completion of a transaction. Each of our executive officers is engaged in several other business endeavors for which they
may be entitled to substantial compensation, and our executive officers are not obligated to contribute any specific number of hours per
week to our affairs. Our independent directors also serve as officers and board members for other entities. If our executive officers’
and directors’ other business affairs require