secwatch.observer — SEC 8-K summary
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Issuer:     Piermont Valley Acquisition Corp (CMCAF)
CIK:        0001865248
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001104659-23-026818
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capitalworks Emerging Markets enters non-redemption agreements to extend business combination deadline to Dec 2023
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- Sponsor transfers 16,000 Founder Shares upfront and up to 480,000 additional Founder Shares to third parties for agreeing not to redeem up to 1,600,000 Class A shares.
- Extraordinary general meeting to vote on extending business combination deadline from March 3, 2023 to December 3, 2023.
- Trust account value per share estimated at $10.41201003 as of Feb 27, 2023; agreements expected to increase funds remaining in trust after meeting.
- Shareholders may withdraw redemptions until March 3, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865248/000110465923026818/0001104659-23-026818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865248/000110465923026818/tm238002d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-026818

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer