---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-100001"
form_type: "8-K"
ticker: "CMCAF"
cik: "0001865248"
company_name: "Piermont Valley Acquisition Corp"
filed_at: "2023-09-12T23:59:59+00:00"
generated_at: "2026-06-10T21:23:18.663879+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Capitalworks receives Nasdaq deficiency notice for insufficient shareholders

## Summary
- Nasdaq notified Company on Sept 7, 2023 of non-compliance with minimum 400 shareholders rule for Global Market.
- Company has 45 calendar days to submit a plan to regain compliance with the Minimum Total Holders Rule.
- If plan accepted, Nasdaq may grant up to 180 calendar day extension to evidence compliance.
- Non-compliance does not currently affect listing or trading of CMCA, CMCAU, or CMCAW on Nasdaq.
- Company intends to submit compliance plan within required timeframe; may appeal if plan rejected.

## SEC filing metadata
- accession: 0001104659-23-100001
- form_type: 8-K
- ticker: CMCAF
- cik: 0001865248
- company_name: Piermont Valley Acquisition Corp
- filed_at: 2023-09-12T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865248/000110465923100001/0001104659-23-100001-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865248/000110465923100001/tm2325946d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-100001
- JSON: https://secwatch.observer/filing/0001104659-23-100001.json
- Plain text: https://secwatch.observer/filing/0001104659-23-100001.txt

## Key facts
- Listing & Compliance Notices
  Piermont Valley Acquisition Corp received a nasdaq deficiency notice notice regarding other (rules 5450(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Rules: 5450(a)(2)
  source text: September 7, 2023, Capitalworks Emerging Markets Acquisition Corp (the “ Company ”) received a written notice (the “ Notice ”) from the Listing Qualifications Department (the “ Staff ”) of The Nasdaq Stock Market (“ Nasdaq ”) notifying the Company that the Company was not in compliance with Listing Rule 5450(a)(2), which requires the Company to have at least 400 shareholders for continued listing on the Nasdaq Global Market (the “ Minimum Total Holders Rule ”). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865248/000110465923100001/0001104659-23-100001-index.htm

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