Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Piermont Valley Acquisition Corp entered into Non-Redemption Agreements with certain unaffiliated third parties valued at Non-redemption agreements with third parties to not redeem up to 1,600,000 Class A ordinary shares i (effective 2023-02-27).
- Action
- entry
- Counterparty
- certain unaffiliated third parties
- Value
- Non-redemption agreements with third parties to not redeem up to 1,600,000 Class A ordinary shares i
- Effective
- 2023-02-27
Exact text from the filing
On February 27, 2023, Capitalworks Emerging Markets Acquisition Corp (the “Company” ) and the Company’s sponsor, CEMAC Sponsor LP (the “Sponsor”), entered into non-redemption agreements (the “Non-Redemption Agreements”) with certain unaffiliated third parties in exchange for such third parties agreeing not to redeem up to an aggregate of 1,600,000 Class A ordinary shares of the Company sold in its initial public offering (“Non-Redeemed Shares”)in connection with the extraordinary general meeting of shareholders called by the Company (the “Meeting”) to consider and vote on proposals to amend the Company’s amended and restated memorandum and articles of association to (i) extend the date by which the Company would be required to consummate a business combination from March 3, 2023 to December 3, 2023 (the “Extension”) and (ii) permit the Company’s board of directors, in its sole discretion, to elect to wind up the Company’s operations on an earlier date than December 3, 2023 (including p
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