Company: PMVC
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107610
Chunk: 248

Company: PMV Consumer Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 4
Chunk 248
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 This conflict of interest could have a negative impact on our ability to effect a business
opportunity.

Our
executive officers and directors are not required to, and will not, commit their full time to our affairs, which may result in a conflict
of interest in allocating their time between our operations and our search for a business opportunity and their other businesses. We
do not intend to have any full-time employees prior to the completion of a transaction. Each of our executive officers is engaged
in several other business endeavors for which they may be entitled to substantial compensation, and our executive officers are not obligated
to contribute any specific number of hours per week to our affairs. Our independent directors also serve as officers and board members
for other entities. If our executive officers’ and directors’ other business affairs require them to devote substantial amounts
of time to such affairs in excess of their current commitment levels, it could limit their ability to devote time to our affairs which
may have a negative impact on our ability to effect a business opportunity.

25

Our
officers and directors presently have fiduciary or contractual obligations to other entities and, accordingly, may have conflicts of
interest in determining to which entity a particular business opportunity should be presented.

We
intend to engage in the business of identifying and effecting one or more business opportunities. Each of our officers and directors
presently has, and any of them in the future may have, additional fiduciary or contractual obligations to other entities pursuant to
which such officer or director is or will be required to present business opportunities to such entity. Accordingly, our officers and
directors may have conflicts of interest in determining to which entity a particular business opportunity should be presented. These
conflicts may not be resolved in our favor and a potential business opportunity may be presented to another entity prior to its presentation
to us, subject to their fiduciary duties under Delaware law.

Our
officers and directors may in the future become affiliated with entities engaged in business activities similar to those intended to
be conducted by us, and, accordingly, may have conflicts of interest in determining to which entity a particular business opportunity
should be presented.

We
intend to engage in the business of identifying and effecting one or more business opportunities. Each of our officers and directors
presently has, and any of them in the future may have, additional fiduciary or contractual obligations to other entities pursuant to
which such officer or director is or will be required to present business opportunities to such