other material
confidence high
sentiment negative
materiality 0.75
PMV Consumer Acquisition Corp. to delist from NYSE; Sponsor converts 3M Class B shares
PMV Consumer Acquisition Corp.
- Securities (Class A, warrants, units) will commence trading on OTC Pink on Oct 24; last NYSE trading day Oct 21.
- Sponsor converted 3,000,000 Class B shares into Class A shares on Oct 17, 2022.
- After conversion: Sponsor holds 1,175,000 Class B shares; Company has 5,046,609 Class A shares outstanding.
- Converted shares subject to restricted legends, including lockup and no participation in trust proceeds.