Company: PMVC
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075638
Chunk: 85

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 Numerator: 

    Allocation of net loss 
    $(24,405) 
    $(8,949) 
    $(20,748) 
    $(7,608)
  
    Denominator: 

    Basic weighted average shares outstanding 
     73,169  
     26,831  
     73,169  
     26,831 

    Basic net loss per share of common stock 
    $(0.33) 
    $(0.33) 
    $(0.28) 
    $(0.28)

    For the Six Months Ended June 30, 

    2025  
    2024 

    Class A
 common stock
 (fka Class C
 common stock)  
    Class B
 convertible
 common stock  
    Class A
 common stock
 (fka Class C
 common stock)  
    Class B
 convertible
 common stock 
  
    Basic net loss per share of common stock 

    Numerator: 

    Allocation of net loss 
    $(59,024) 
    $(21,644) 
    $(77,368) 
    $(28,371)
  
    Denominator: 

    Basic weighted average shares outstanding 
     73,169  
     26,831  
     73,169  
     26,831 

    Basic net loss per share of common stock 
    $(0.81) 
    $(0.81) 
    $(1.06) 
    $(1.06)

10

PMV CONSUMER ACQUISITION CORP.

NOTES TO CONDENSED FINANCIAL STATEMENTS

JUNE 30, 2025

(Unaudited)

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(CONT.)

Concentration of Credit Risk

Financial instruments that potentially subject
the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal
Deposit Insurance Corporation coverage of $250,000. Any loss incurred, or a lack of access to such funds, could have a significant adverse
impact on the Company’s financial condition, results of operations, and cash flows.

Fair Value of Financial Instruments

Excluding the warrant liability, the fair value
of the Company’s assets and liabilities, which qualify as financial instruments under ASC 820, “Fair Value Measurements
and