{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-26-006019","form_type":"8-K","ticker":"CMCAF","cik":"0001865248","company_name":"Piermont Valley Acquisition Corp","filed_at":"2026-10-02T20:30:31+00:00","discovered_at":"2026-10-02T20:32:00.389477+00:00","generated_at":"2026-10-12T14:38:53.668221+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Piermont Valley SPAC signs $5M PIPE with Capstan Point for Tigerless merger","bullets":["PIPE: 5,000 Series A Convertible Preferred shares at $1,000 stated value ($5.0M total), funded in two tranches — $3.5M at first closing, $1.5M on the 90th business day after Closing.","Conversion price is the lower of $10.00 or 93% of 5-day lowest VWAP, with initial $2.00 floor; at $10.00 converts to 550,000 shares, at $2.00 to roughly 2,750,000 shares.","Floor price auto-resets lower every six months (to 20% of recent closes) once shares are freely tradable, potentially increasing dilution further.","Existing Tigerless/Piermont holders must transfer 2,000,000 Pubco Class A shares to investor Capstan Point as a one-time closing fee, capped at 4.99% beneficial ownership.","Pubco must file a resale registration within 30 days of first closing; missed deadlines trigger 5% liquidated damages plus 5% per 30 days, with 18% interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-26-006019","json":"https://secwatch.observer/filing/0001477932-26-006019.json","markdown":"https://secwatch.observer/filing/0001477932-26-006019.md","text":"https://secwatch.observer/filing/0001477932-26-006019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1865248/000147793226006019/0001477932-26-006019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1865248/000147793226006019/cmca_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:38:53.668221+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}