---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-031461"
form_type: "8-K"
ticker: "CMCAF"
cik: "0001865248"
company_name: "Piermont Valley Acquisition Corp"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:57:48.374401+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SPAC extends business combination deadline to March 2025; ~$33.6M redeemed

## Summary
- Extension Amendment approved: deadline for business combination moved from March 3, 2024 to March 3, 2025.
- Shareholders redeemed 3,036,666 Class A shares for approx. $33.6M ($11.07/share) from trust account.
- Post-redemption: 6,961,730 Class A shares and 1 Class B share outstanding; sponsor owns ~82.6% of Class A.
- Auditor Marcum LLP ratified for FY ending March 31, 2024; Whitney Baker reappointed as Class I director.
- Michael Faber resigned Feb 23, 2024, not considered for reappointment at the meeting.

## SEC filing metadata
- accession: 0001104659-24-031461
- form_type: 8-K
- ticker: CMCAF
- cik: 0001865248
- company_name: Piermont Valley Acquisition Corp
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1865248/000110465924031461/0001104659-24-031461-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1865248/000110465924031461/tm248007d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-031461
- JSON: https://secwatch.observer/filing/0001104659-24-031461.json
- Plain text: https://secwatch.observer/filing/0001104659-24-031461.txt

## Key facts
- Governance Changes
  Piermont Valley Acquisition Corp: Amended memorandum and articles of association to extend business combination deadline to March 3, 2025 and allow board to elect earlier winding up (effective 2024-02-29).
  - Change: charter amendment
  - Effective: 2024-02-29
  source text: a proposal to amend, by special resolution, the Company’s amended and restated memorandum and articles of association, as amended (the “ Extension Amendment ”) (a) to extend the date by which the Company would be required to consummate a business combination from March 3, 2024 to March 3, 2025 and (b) to permit the Company’s board of directors (the “ Board ”), in its sole discretion, to elect to wind up the Company’s operations on an earlier date than March 3, 2025 (including prior to March 3, 2024) (the “ Extension Amendment Proposal ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865248/000110465924031461/0001104659-24-031461-index.htm
- Shareholder Votes
  Piermont Valley Acquisition Corp shareholders approved Extension Amendment Proposal to extend business combination deadline from March 3, 2024 to March 3, 2025 and permit earlier wind-up at the 2024-02-29 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2024-02-29
  source text: For Against Abstain 8,359,690 492,311 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865248/000110465924031461/0001104659-24-031461-index.htm
- Shareholder Votes
  Piermont Valley Acquisition Corp shareholders approved Re-appointment of Whitney Baker as Class I Director at the 2024-02-29 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-02-29
  source text: For Withheld Whitney Baker 1 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865248/000110465924031461/0001104659-24-031461-index.htm
- Shareholder Votes
  Piermont Valley Acquisition Corp shareholders approved Ratification of Marcum LLP as independent registered public accounting firm for fiscal year ending March 31, 2024 at the 2024-02-29 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-02-29
  source text: For Against Abstain 8,360,564 491,437 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1865248/000110465924031461/0001104659-24-031461-index.htm

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