Nasdaq to delist Capitalworks EM Acquisition Corp from June 12 for minimum holders rule breach

Piermont Valley Acquisition Corp

Nasdaq notified the Company on June 10, 2024, that trading will be suspended at open on June 12, 2024.
Delisting stems from failure to maintain at least 400 total holders under Nasdaq Listing Rule 5450(a)(2).
Company had 180-day extension until March 5, 2024, but did not regain compliance; hearing held June 6, 2024.
Company has 15 days to request review by Nasdaq Listing and Hearing Review Council.
Securities expected to be quoted on OTC Pink Market under same symbols CMCAU, CMCA, CMCAW.

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