---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-148206"
form_type: "8-K"
ticker: "CMCAF"
cik: "0001865248"
company_name: "Piermont Valley Acquisition Corp"
filed_at: "2021-12-09T23:59:59+00:00"
generated_at: "2026-06-28T02:34:57.330254+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SPAC Capitalworks completes $230M IPO, $11.7M private placement, deposits $234.6M in trust

## Summary
- Completed IPO of 23,000,000 units at $10.00 per unit for gross proceeds of $230,000,000.
- Completed private placement of 11,700,000 warrants at $1.00 each for $11,700,000.
- Net proceeds of $234,600,000 deposited into trust account for benefit of public stockholders.
- Underwriter exercised over-allotment in full for additional 3,000,000 units and 1,200,000 private warrants.
- Audited balance sheet as of December 3, 2021 filed as Exhibit 99.1.

## SEC filing metadata
- accession: 0001104659-21-148206
- form_type: 8-K
- ticker: CMCAF
- cik: 0001865248
- company_name: Piermont Valley Acquisition Corp
- filed_at: 2021-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865248/000110465921148206/0001104659-21-148206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865248/000110465921148206/tm2134929d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-148206
- JSON: https://secwatch.observer/filing/0001104659-21-148206.json
- Plain text: https://secwatch.observer/filing/0001104659-21-148206.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.