Capitalworks EM Acquisition enters non-redemption agreement for 200k shares to extend deadline to March 2026

Piermont Valley Acquisition Corp

Non-redemption agreement with unaffiliated shareholder covers 200,000 Class A ordinary shares.
Sponsor Vikasati Partners will transfer 80,000 founder shares to shareholder upon business combination closing.
Extension of deadline to March 3, 2026, subject to shareholder approval at extraordinary general meeting.
Agreement expected to reduce redemptions and increase funds remaining in trust account.

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