secwatch.observer — SEC 8-K summary
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Issuer:     Piermont Valley Acquisition Corp (CMCAF)
CIK:        0001865248
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001104659-23-100001
Event type: regulatory
Sentiment:  negative
Materiality: 0.55
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Capitalworks receives Nasdaq deficiency notice for insufficient shareholders
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865248/000110465923100001/0001104659-23-100001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865248/000110465923100001/tm2325946d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100001

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