Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 93

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 93
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who will determine fair market value based on standards generally accepted by the financial community.

3

Resources
could be wasted in researching business opportunities that are not completed, which could materially adversely affect subsequent attempts
to identify and effect a business opportunity. If we are unable to complete a transaction, our warrants may expire worthless.

We
anticipate that the investigation of each specific business opportunity and the negotiation, drafting and execution of relevant agreements,
disclosure documents and other instruments will require substantial management time and attention and substantial costs for accountants,
attorneys and others. If we decide not to complete a specific business opportunity, the costs incurred up to that point for the proposed
transaction likely would not be recoverable. Furthermore, if we reach an agreement relating to a specific business opportunity, we may
fail to complete the transaction for any number of reasons, including those beyond our control. Any such event will result in a loss
to us of the related costs incurred which could materially adversely affect subsequent attempts to identify and effect another business
opportunity.

We
may reincorporate in another jurisdiction and such reincorporation may result in taxes imposed on stockholders.

We
may, subject to requisite stockholder approval under the DGCL, reincorporate in another jurisdiction. The transaction may require a stockholder
to recognize taxable income in the jurisdiction in which the stockholder is a tax resident or in which its members are resident if it
is a tax transparent entity. We do not intend to make any cash distributions to stockholders to pay such taxes. Stockholders may be subject
to withholding taxes or other taxes with respect to their ownership of us after the reincorporation.

Our
ability to successfully effect a business opportunity and to be successful thereafter will be totally dependent upon the efforts of our
key personnel. The loss of key personnel could negatively impact the operations and profitability of a business opportunity.

Prior
to the completion of a transaction, our operations will be dependent upon a relatively small group of individuals and, in particular,
our executive officers and directors. We believe that our success depends on the continued service of our officers and directors, at
least until we have completed a business opportunity. In addition, our executive officers and directors are not required to commit any
specified amount of time to our affairs and, accordingly, will have conflicts of interest in allocating their time among various business
activities, including identifying potential business opportunities and monitoring the related due diligence. We do not have an employment
agreement with, or key-man insurance on the life