Capitalworks postpones SPAC extension vote, aims for new meeting before June 3

Piermont Valley Acquisition Corp

Extraordinary general meeting postponed indefinitely; new meeting planned before June 3, 2023.
Company received automatic three-month extension to June 3, 2023 to complete business combination.
Business Combination Agreement with Lexasure Financial Group remains in place.
Shareholders will vote on extending deadline to December 3, 2023 and early wind-up option.

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