Company: PMVC
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-003340
Chunk: 2

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 2
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 competition for business opportunities, it may be more difficult for us to complete a transaction
and our warrants may expire worthless.

We expect to encounter intense competition from
other entities having a business objective similar to ours, including private investors (which may be individuals or investment partnerships),
blank check companies and other entities, domestic and international, competing for the types of business opportunities we intend to pursue.
Many of these individuals and entities are well-established and have extensive experience in identifying and effecting, directly
or indirectly, such business opportunities and/or operating in or providing services to various industries. Many of these competitors
possess greater technical, human and other resources or more industry knowledge than we do and our financial resources will be relatively
limited when contrasted with those of many of these competitors. While we believe there are numerous business opportunities we could potentially
pursue, our ability to compete for such business opportunities will be limited by our available financial resources. This inherent competitive
limitation gives others an advantage in pursuing certain business opportunities. 

Holders
of Class A common stock (fka Class C common stock) will not be entitled to vote on any election of directors we hold.

Only
holders of our founder shares will have the right to vote on the election of directors. Holders of our public shares will not be entitled
to vote on the election of directors. Accordingly, you may not have any say in the management of our company.

Holders
of Class B common stock will be entitled to ten (10) votes for each such share.

Holders
of Class B common stock will be entitled to ten (10) votes for each such share at any annual or special meeting of stockholders or in
the case of any written consent of stockholders in lieu of a meeting and for all purposes. Holders of our public shares will be entitled
to one vote for each such share held. Accordingly, holders of founder shares may exert an outsized influence on each matter properly
submitted to the stockholders on which holders of the common stock are entitled to vote.

Because
we are neither limited to evaluating a business opportunity in a particular industry sector nor have we selected any specific business
opportunities with which to pursue a transaction, you are unable to currently ascertain the merits or risks of any particular business
opportunity.

Although
we initially intended to focus our search for a business opportunity in the consumer products industry, we are not limited to evaluating
a business opportunity in any particular industry sector. As a result, there is no