Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 42

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 is affiliated with our Sponsor, our directors
or executive officers, although we do not intend to do so. Nor do we have a policy that expressly prohibits any such persons from engaging
for their own account in business activities of the types conducted by us. Accordingly, such persons or entities may have a conflict
between their interests and ours.

The
personal and financial interests of our directors and officers may influence their motivation in timely identifying and selecting a business
opportunity and completing a transaction. Consequently, our directors’ and officers’ discretion in identifying and selecting
a suitable business opportunity may result in a conflict of interest when determining whether the terms, conditions and timing of a particular
business opportunity are appropriate and in our stockholder’s best interest. If this were the case, it would be a breach of their
fiduciary duties to us as a matter of Delaware law, and we or our stockholders might have a claim against such individuals for infringing
on our stockholder’s rights. However, we might not ultimately be successful in any claim we may make against them for such reason.

We
may effect a business opportunity with one or more entities that have relationships with entities that may be affiliated with our Sponsor,
executive officers, directors or existing holders, which may raise potential conflicts of interest.

In
light of the involvement of our Sponsor, executive officers and directors with other entities, we may decide to effect one or more business
opportunities that are affiliated with our Sponsor, executive officers, directors or existing holders. Our directors also serve as officers
and board members for other entities. Such entities may compete with us for business opportunities. Our Sponsor, officers and directors
are not currently aware of any specific business opportunities involving any entities with which they are affiliated, and there have
been no substantive discussions concerning a business opportunity with any such entity or entities. Although we will not be specifically
focusing on, or targeting, any transaction with any affiliated entities, we would pursue such a transaction if we determined that such
affiliated entity met our criteria for a business opportunity, and such transaction was approved by a majority of our independent and
disinterested directors. Despite our agreement to obtain an opinion regarding the fairness to our company from a financial point of view
of a business opportunity with one or more businesses affiliated with our Sponsor, executive officers, directors or existing holders,
potential conflicts of interest still may exist and, as a result, the terms of the business opportunity may not be as advantageous to
our public stockholders as they would