Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 280

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 1
Chunk 280
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 the related due diligence. We do not have an employment agreement with, or key-man insurance on the life of, any of
our directors or executive officers. The unexpected loss of the services of one or more of our directors or executive officers could have
a detrimental effect on us.

The role of key personnel in a business opportunity,
however, cannot presently be ascertained. Although some key personnel may remain in senior management or advisory positions following
a transaction, it is equally likely that some or all may be replaced. While we intend to closely scrutinize any individuals we engage
in relation to a particular business opportunity, we cannot assure you that our assessment of these individuals will prove to be correct.
These individuals may be unfamiliar with the requirements of operating a company regulated by the SEC, which could cause us to have to
expend time and resources helping them become familiar with such requirements. In addition, certain officers and directors may resign
upon completion of a transaction. The departure of key personnel could negatively impact our operations and profitability. The role of
key personnel cannot be ascertained at this time. Although we contemplate that certain members of the management team will remain post-transaction,
it is possible that members of management will not wish to remain. The loss of key personnel could negatively impact the operations and
profitability of our post-transaction business.

Our key personnel may negotiate employment
or consulting agreements in connection with a particular business opportunity, and a particular business opportunity may be conditioned
on the retention or resignation of such key personnel. These agreements may provide for them to receive compensation 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