PMV Consumer Acquisition Corp.

Previous wording

We are a shell company formed under the laws of the State of Delaware on March 18, 2020, for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business opportunity with one or more businesses or entities. Our efforts to identify a prospective business opportunity will not be limited to a particular industry or geographic location, although we are currently focusing our search for a business opportunity in the consumer industry. We intend to effectuate a business opportunity using cash, our capital stock, debt or a combination of cash, stock and debt.

Current wording

We are a shell company formed under the laws of the State of Delaware on March 18, 2020, for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business opportunity with one or more businesses or entities (collectively, a “business opportunity”). Our efforts to identify a prospective business opportunity will not be limited to a particular industry or geographic location, although we are currently focusing our search for a business opportunity in the consumer products industry. We intend to effectuate a business opportunity using cash, our capital stock, debt or a combination of cash, stock and debt.

Previous wording

For the three and nine months ended September 30, 2024, we had a net loss of $45,555 and $151,294, respectively, which consists of interest income of $14,480 and $42,075, respectively, offset by general and administrative expenses of $50,395 and $148,092, respectively, franchise tax expense of $8,000 and $23,286, respectively, and provision for income taxes of $1,640 and $21,991, respectively.

Current wording

For the three months ended March 31, 2025, we had a net loss of $47,314, which consists of interest income of $10,870, offset by general and administrative expenses of $54,714, franchise tax expense of $1,500, and provision for income taxes of $1,970.

Previous wording

For the three and nine months ended September 30, 2023, we had a net loss of $67,262 and $207,287, respectively, which consists of interest income of $14,132 and $36,981, respectively, offset by general and administrative expenses of $57,670 and $201,842, respectively, franchise tax expense of $2,700 and $10,200, respectively, and provision for income taxes of $21,024 and $32,226, respectively.

Current wording

For the three months ended March 31, 2024, we had a net loss of $77,383, which consists of interest income of $13,199, offset by general and administrative expenses of $54,777, franchise tax expense of $5,286, and provision for income taxes of $30,519.

Previous wording

As of September 30, 2024, we had cash and cash equivalents of $1,130,295. We intend to use these funds primarily to identify and evaluate potential business opportunities, perform business due diligence on prospective business opportunities, travel to and from the offices, plants or similar locations associated with prospective business opportunities, review corporate documents and material agreements related to business opportunities, and structure, negotiate and complete a transaction.

Current wording

As of March 31, 2025, we had cash and cash equivalents of $1,103,741. We intend to use these funds primarily to identify and evaluate potential business opportunities, perform business due diligence on prospective business opportunities, travel to and from the offices, plants or similar locations associated with prospective business opportunities, review corporate documents and material agreements related to business opportunities, and structure, negotiate and complete a transaction.

Previous wording

For the nine months ended September 30, 2023, cash used in operating activities was $50,314. Net loss of $207,287 was affected by net increase of changes in operating assets and liabilities of $156,973.

Current wording

For the three months ended March 31, 2025, cash used in operating activities was $10,045. Net loss of $47,314 was affected by net increase of changes in operating assets and liabilities of $37,269.

Previous wording

For the nine months ended September 30, 2024, cash provided by operating activities was $57,665. Net loss of $151,294 was affected by net increase of changes in operating assets and liabilities of $208,959.

Current wording

For the three months ended March 31, 2024, cash provided by operating activities was $98,797. Net loss of $77,383 was affected by net increase of changes in operating assets and liabilities of $176,180.