CMCAF on OTC

Piermont Valley Acquisition Corp

Blank check company in the Cayman Islands1

In its 2026 annual report the company says: “We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.”4 It is headquartered in Las Vegas, Nevada.1 Its shares trade on OTC under the symbol CMCAF.1

Price unavailable

Last updated Oct 20, 2026.

Overview

-$1.7MNet income, fiscal 20262

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  • TickerCMCAF on OTC1
  • IndustryBlank Checks1
  • HeadquartersLas Vegas, Nevada1
  • Incorporated inCayman Islands3
  • Business address732 6Th Street, #5386, Las Vegas, Nv 891013
  • Filer category, Emerging growth company3

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We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (the “Business Combination”).4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income562-$1.7M in 2026
-$10.0M0$10.0M$20.0M2022: $19.3M$19.3M20222023: $5.0M$5.0M2023−74%2024: $4.7M$4.7M2024−6%2025: $1.6M$1.6M2025−65%2026: -$1.7M-$1.7M2026

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2026-03-312025-03-31
Formation and operating costs$280.6K$298.1K
TOTAL EXPENSES$280.6K$298.1K
Interest income on trust account$81.1K$541.4K
Forgiveness of Debt$77.0K$0
Extinguishment of debt$0$277.5K
Bank interest income$36$0
Change in fair value of warrant liability-$1.6M$1.1M
TOTAL OTHER INCOME / (EXPENSES)-$1.4M$1.9M
NET (LOSS) / INCOME-$1.7M$1.6M

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Corporate structure

Piermont Valley Acquisition Corp sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Piermont Valley Acquisition Corp

  • Valleypark Road, LLC Filed SCHEDULE 13D on Piermont Valley Acquisition Corp, latest Jul 16, 2025
  • Vikasati Partners LLC Filed SCHEDULE 13D/A on Piermont Valley Acquisition Corp, latest Jul 15, 2025
  • Suresh Guduru Filed SC 13D on Piermont Valley Acquisition Corp, latest May 1, 2024
  • Saba Capital Management, L.P. Filed SC 13G/A on Piermont Valley Acquisition Corp, latest Feb 7, 2024 (4 filings since Dec 10, 2021)
  • Weiss Asset Management LP Filed SC 13G/A on Piermont Valley Acquisition Corp, latest Jan 26, 2024 (3 filings since Feb 7, 2022)
  • HIGHBRIDGE CAPITAL MANAGEMENT LLC Filed SC 13G/A on Piermont Valley Acquisition Corp, latest Jan 19, 2024 (4 filings since Dec 10, 2021)
  • CEMAC Sponsor LP Filed SC 13G/A on Piermont Valley Acquisition Corp, latest Jun 6, 2023 (2 filings since Jan 26, 2022)
  • Polar Asset Management Partners Inc. Filed SC 13G on Piermont Valley Acquisition Corp, latest Feb 10, 2023
  • Piermont Valley Acquisition Corp Las Vegas, Nevada

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Piermont Valley Acquisition Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.5M2 Mar 31, 2026$2.4M2 Mar 31, 2025+3.4%

Properties, in its own words

We currently maintain our executive offices at 732 S 6th Street, #5386, Las Vegas, NV 89101. We consider our current office space adequate for our current operations.

Item 2 of the 10-K filed Jun 18, 2026.4

Leadership

Who has led Piermont Valley Acquisition Corp, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Roberta F. Brzezinski2021
  2. Suresh Guduru2024–now

Chief financial officer

  1. Herman Kotze2021
2025
Board members and other officers (11)

Former names

  • Capitalworks Emerging Markets Acquisition CorpJun 21, 2021 to Feb 27, 20253

Timeline

  1. Oct 2, 20268-K Entered a material agreement22
  2. Apr 20, 20268-K Entered a material agreement; Regulation FD disclosure23
  3. Mar 10, 20268-K Executive or director change24
  4. Mar 3, 20268-K Bylaws or fiscal year changed; Shareholder vote25
  5. Feb 24, 20268-K Entered a material agreement26
  6. Aug 14, 20258-K New debt or obligation; Change of auditor; Other events27
  7. Jul 14, 20258-K Entered a material agreement; Change in control; Executive or director change28
  8. Mar 7, 20258-K Bylaws or fiscal year changed; Shareholder vote29
  9. Feb 27, 20258-K Entered a material agreement30
  10. Sep 13, 20248-K Listing notice or transfer31
  11. Jun 11, 20248-K Listing notice or transfer32
  12. May 1, 2024New chief executive Suresh Guduru becomes CEO10
  13. Apr 25, 20248-K Entered a material agreement; Ended a material agreement; Executive or director change33
  14. Dec 2, 2021New chief executive Roberta F. Brzezinski becomes CEO11

Filings

131 filings to the SEC since October 2021: 4 annual reports, 11 quarterly reports, 35 major events, 18 insider forms, 17 large holders, 46 other. The latest 20:

  1. Oct 2, 2026425 EDGAR
  2. Oct 2, 20268-K EDGAR
  3. Aug 14, 202610-Q EDGAR
  4. Jun 18, 202610-K EDGAR
  5. Apr 20, 2026425 EDGAR
  6. Apr 20, 20268-K EDGAR
  7. Mar 10, 20268-K EDGAR
  8. Mar 3, 20268-K EDGAR
  9. Feb 24, 20268-K EDGAR
  10. Feb 20, 202610-Q EDGAR
  11. Feb 20, 202610-Q EDGAR
  12. Feb 20, 202610-Q EDGAR
  13. Feb 9, 2026DEF 14A EDGAR
  14. Feb 5, 202610-K EDGAR
  15. Jan 28, 2026PRE 14A EDGAR
  16. Aug 14, 20258-K EDGAR
  17. Jul 16, 2025SCHEDULE 13D EDGAR
  18. Jul 16, 20253 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  19. Jul 16, 20253 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  20. Jul 15, 20254 EDGAR

The 131 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Piermont Valley Acquisition Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPiermont Valley Acquisition Corp1
  • CIK0001865248
  • Employer ID (EIN)98-15981144
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company4
  • Incorporated inCayman Islands4
  • Fiscal year endsMarch 311
  • Industry code (SIC)6770 Blank Checks1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business address732 6Th Street, #5386, Las Vegas, NV 891011
  • Phone202.320.48221
  • Shares outstanding5,954,449 as of Aug 14, 20268
  • Public float$0 as of Sep 30, 20252
  • AuditorAloba, Awomolo & Partners, Ibadan, Nigeria PCAOB ID 7275; no auditor attestation of internal control over financial reporting4
  • On EDGAR sinceJun 21, 20211
  • Filings140 in all: 8-K (35), 3 (16), SC 13G/A (12), 10-Q (11), 425 (6), CORRESP (6), DEFA14A (6), SC 13G (6)1
    All 28 form types

    UPLOAD (6), DEF 14A (5), PRE 14A (5), 10-K (4), NT 10-Q (4), NT 10-K (3), 4 (2), 25-NSE (1), 424B4 (1), 8-A12B (1), CERT (1), DRS (1), DRS/A (1), EFFECT (1), PRER14A (1), S-1 (1), S-1/A (1), SC 13D (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Jun 18, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) Feb 9, 2026
    Latest 8-K (8-K) Oct 2, 2026

Securities registered for trading

ClassSymbolExchange
Units, each consisting of one Class A ordinary share, par value $0.0001, and one-half of one redeemable warrantCMCAU
Class A ordinary shares, par value $0.0001 per shareCMCAF
Warrants, each whole warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per shareCMCAW

From the cover page of the 10-K filed Jun 18, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks Piermont Valley Acquisition Corp names in Item 1A of its 10-K filed Jun 18, 2026: 76 risks under these headings, as written.4

  • Risks Relating to Our Search for, Consummation of, or Inability to Consummate, a Business Combination and Post-Business Combination Risks.
  • We have no operating history and, accordingly, you have no basis on which to evaluate our ability to achieve our business objective.
  • We may not be able to consummate a Business Combination before March 3, 2027, in which case we would cease all operations except for the purpose of winding up and we would redeem our public shares and liquidate.
  • If we have not completed our Business Combination by March 3, 2027, unless otherwise extended, our public shareholders may be forced to wait beyond such date before redemption proceeds from our Trust Account become available.
  • Our Initial Shareholders will be able to approve the Business Combination regardless of how our public shareholders vote.
  • Your only opportunity to affect the investment decision regarding a potential Business Combination will be limited to the exercise of your right to redeem your shares from us for cash, unless we seek shareholder approval of such Business Combination.
  • The ability of our public shareholders to redeem their shares for cash may make our financial condition unattractive to potential business combination targets, and may make it more difficult for us to consummate our Business Combination.
  • We depend on loans from our sponsor, its affiliates or members of our management team to fund our search and to complete our Business Combination.
  • The requirement that we consummate a Business Combination before March 3, 2027 may give Tigerless or other potential counterparties leverage over us in negotiating or consummating a Business Combination and may limit the time we have in which to conduct diligence or satisfy closing conditions, in particular as we approach our dissolution deadline, which could undermine our ability to complete our Business Combination on terms that would produce value for our shareholders.
  • Increases in inflation and interest rates in the United States and elsewhere could make it more difficult for us to consummate a Business Combination.
  • Our sponsor, directors, executive officers, advisors or any of their affiliates may elect to purchase public shares or Warrants, which may influence a vote on a proposed Business Combination and reduce the public “float” of our Class A ordinary shares or Public Warrants.
  • If a shareholder fails to receive notice of our offer to redeem our public shares in connection with our Business Combination, or fails to comply with the procedures for tendering its shares, such shares may not be redeemed.
The other 64 risks
  • If we seek shareholder approval of our Business Combination and we do not conduct redemptions pursuant to the tender offer rules, and if you or a “group” of shareholders are deemed to hold in excess of 15% of our Class A ordinary shares, you will lose the ability to redeem all such shares in excess of 15% of our Class A ordinary shares.
  • Because of our limited resources and the significant competition for business combination opportunities, it may be more difficult for us to complete our Business Combination. If we have not consummated our Business Combination by March 3, 2027, unless otherwise extended, our public shareholders may receive only approximately $12.02 per public share, or less in certain circumstances, on the liquidation of our Trust Account and our Warrants will expire worthless.
  • Subsequent to our completion of our Business Combination, we may be required to take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and the price of our securities, which could cause you to lose some or all of your investment.
  • Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our Business Combination, and results of operations.
  • If we are deemed to be an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to complete our Business Combination.
  • Because we are neither limited to evaluating a target business in a particular industry sector nor have we selected any specific target businesses with which to pursue our Business Combination, you will be unable to ascertain the merits or risks of any particular target business’s operations.
  • We may consummate our Business Combination with a target business that is an early stage company, a financially unstable business or an entity lacking an established record of revenue or earnings.
  • We may seek business combination opportunities with a high degree of complexity that require significant operational improvements, which could delay or prevent us from achieving our desired results.
  • We are not required to obtain a valuation opinion from an independent accounting or investment banking firm, and consequently, you may have no assurance from an independent source that the price we are paying for the business is fair to our shareholders from a financial point of view.
  • Resources could be wasted in pursuing our proposed Business Combination with Tigerless or other acquisitions that are not completed, which could materially adversely affect subsequent attempts to locate and acquire or merge with another business.
  • We may have a limited ability to assess the management of a prospective target business and, as a result, may affect our Business Combination with a target business whose management may not have the skills, qualifications or abilities to manage a public company.
  • We may issue notes or other debt securities, or otherwise incur substantial debt, to complete our Business Combination, which may adversely affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us.
  • We may only be able to complete one business combination, which will cause us to be solely dependent on a single business which may have a limited number of products or services. This lack of diversification may negatively impact our operations and profitability.
  • We may attempt to simultaneously complete business combinations with multiple prospective targets, which may hinder our ability to complete our Business Combination and give rise to increased costs and risks that could negatively impact our operations and profitability.
  • We may attempt to complete our Business Combination with a private company about which little information is available, which may result in a business combination with a company that is not as profitable as we suspected, if at all.
  • Changes in the market for directors and officers liability insurance could make it more difficult and more expensive for us to negotiate and complete a Business Combination.
  • After our Business Combination, it is possible that a majority of our directors and officers will live outside the United States and all of our assets will be located outside the United States; therefore investors may not be able to enforce federal securities laws or their other legal rights.
  • Our Business Combination or reincorporation may result in taxes imposed on shareholders or warrant holders.
  • Because we must furnish our shareholders with target business financial statements, we may lose the ability to complete an otherwise advantageous Business Combination with some prospective target businesses.
  • Risks Relating to our Securities
  • You do not have any rights or interests in funds from the Trust Account, except under certain limited circumstances. Therefore, to liquidate your investment, you may be forced to sell your public shares or Public Warrants, potentially at a loss.
  • There are no assurances that an active trading market will exist.
  • Our Initial Shareholders have a controlling interest in us and thus may exert control over actions requiring a shareholder vote, potentially in a manner that you do not support.
  • If third parties bring claims against us, the proceeds held in the Trust Account could be reduced and the per-share redemption amount received by shareholders may be less than $10.20 per public share.
  • The funds in the Trust Account are currently held in cash in an interest-bearing account, and interest rate can vary significantly, which could reduce the interest income available for payment of taxes or reduce the value of the assets held in trust such that the per share redemption amount received by shareholders may be less than $12.02 per share.
  • Our directors may decide not to enforce the indemnification obligations of our sponsor, resulting in a reduction in the amount of funds in the Trust Account available for distribution to our public shareholders.
  • We may not have sufficient funds to satisfy indemnification claims of our directors and executive officers.
  • If, after we distribute the proceeds in the Trust Account to our public shareholders, we file a bankruptcy or winding-up petition or an involuntary bankruptcy or winding-up petition is filed against us that is not dismissed, a bankruptcy or insolvency court may seek to recover such proceeds, and the members of our board of directors may be viewed as having breached their fiduciary duties to our creditors, thereby exposing the members of our board of directors and us to claims of punitive damages.
  • If, before distributing the proceeds in the Trust Account to our public shareholders, we file a bankruptcy or winding-up petition or an involuntary bankruptcy or winding-up petition is filed against us that is not dismissed, the claims of creditors in such proceeding may have priority over the claims of our shareholders and the per-share amount that would otherwise be received by our shareholders in connection with our liquidation may be reduced.
  • Our shareholders may be held liable for claims by third parties against us to the extent of distributions received by them upon redemption of their shares.
  • Holders of Class A ordinary shares will not be entitled to vote on any appointment of directors we hold prior to our Business Combination.
  • If the issuance of the Class A ordinary shares upon exercise of the Warrants is not registered, qualified or exempt from registration or qualification under the Securities Act and applicable state securities laws, holders of the Warrants will not be entitled to exercise such Warrants and such Warrants may have no value and expire worthless.
  • The Warrants may become exercisable and redeemable for a security other than the Class A ordinary shares, and you will not have any information regarding such other security at this time.
  • The grant of registration rights to our Sponsor and to our shareholders who executed non-redemption agreements in connection with our First Extension Meeting may make it more difficult to complete our Business Combination, and the future exercise of such rights may adversely affect the market price of our Class A ordinary shares.
  • We do not have a specified maximum redemption threshold. The absence of such a redemption threshold may make it possible for us to complete our Business Combination with which a substantial majority of our shareholders do not agree.
  • We may amend the terms of the Public Warrants in a manner that may be adverse to holders of Public Warrants with the approval by the holders of at least 50% of the then-outstanding Public Warrants. As a result, the exercise price of your Public Warrants could be increased, the exercise period could be shortened and the number of our Class A ordinary shares purchasable upon exercise of a Public Warrant could be decreased, all without your approval.
  • Our warrant agreements designate the courts of the State of New York or the United States District Court for the Southern District of New York as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by holders of our Warrants, which could limit the ability of warrant holders to obtain a favorable judicial forum for disputes with our company.
  • We may redeem your unexpired Public Warrants prior to their exercise at a time that is disadvantageous to you, thereby making your Public Warrants worthless.
  • Our management’s ability to require holders of our Public Warrants to exercise such Public Warrants on a cashless basis will cause holders to receive fewer Class A ordinary shares upon their exercise of the Public Warrants than they would have received had they been able to exercise their Public Warrants for cash.
  • Our Warrants may have an adverse effect on the market price of our Class A ordinary shares and make it more difficult to effectuate our Business Combination.
  • Risks Relating to our Sponsor and Management Team
  • Since our Sponsor, executive officers and directors will lose their entire investment in us if our Business Combination is not completed (other than with respect to any public shares they may acquire), a conflict of interest may arise in determining whether a particular business combination target is appropriate for our Business Combination.
  • Past performance by our management team or their respective affiliates may not be indicative of future performance of an investment in us.
  • We may seek acquisition opportunities in industries or sectors which may or may not be outside of our management’s area of expertise.
  • We are dependent upon our executive officers and directors and their loss could adversely affect our ability to operate.
  • Our ability to successfully effect our Business Combination and to be successful thereafter will be totally dependent upon the efforts of our key personnel, some of whom may join us following our Business Combination. The loss of key personnel could negatively impact the operations and profitability of our post-combination business.
  • Our key personnel may negotiate employment or consulting agreements with a target business in connection with a particular Business Combination, and a particular Business Combination may be conditioned on the retention or resignation of such key personnel. These agreements may provide for them to receive compensation following our Business Combination and as a result, may cause them to have conflicts of interest in determining whether a particular Business Combination is the most advantageous.
  • The officers and directors of an acquisition candidate may resign upon completion of our Business Combination. The loss of a business combination target’s key personnel could negatively impact the operations and profitability of our post-combination business.
  • Members of our management team and affiliated companies have been, and may in the future be, involved in civil disputes or governmental investigations unrelated to our business.
  • Our executive officers and directors will allocate their time to other businesses thereby causing conflicts of interest in their determination as to how much time to devote to our affairs. This conflict of interest could have a negative impact on our ability to complete our Business Combination.
  • Our officers and directors presently have, and any of them in the future may have, additional, fiduciary or contractual obligations to other entities, including other special purpose acquisition companies, and, accordingly, may have conflicts of interest in determining to which entity a particular business opportunity should be presented.
  • Our executive officers, directors, security holders and their respective affiliates may have competitive pecuniary interests that conflict with our interests.
  • We may engage in a Business Combination with one or more target businesses that have relationships with entities that may be affiliated with our Sponsor, executive officers, directors or Initial Shareholders which may raise potential conflicts of interest.
  • Our management may not be able to maintain control of a target business after our Business Combination. Upon the loss of control of a target business, new management may not possess the skills, qualifications or abilities necessary to profitably operate such business.
  • Risks Associated with Acquiring and Operating a Business in Foreign Countries
  • If we pursue a target company with operations or opportunities outside of the United States for our Business Combination, we may face additional burdens in connection with investigating, agreeing to and completing such Business Combination, and if we effect such Business Combination, we would be subject to a variety of additional risks that may negatively impact our operations.
  • If our management following our Business Combination is unfamiliar with United States securities laws, they may have to expend time and resources becoming familiar with such laws, which could lead to various regulatory issues.
  • After our Business Combination, substantially all of our assets may be located in a foreign country and substantially all of our revenue may be derived from our operations in any such country. Accordingly, our results of operations and prospects will be subject, to a significant extent, to the economic, political and social conditions and government policies, developments and conditions in the country in which we operate.
  • Exchange rate fluctuations and currency policies may cause a target business’ ability to succeed in the international markets to be diminished.
  • We may reincorporate in another jurisdiction in connection with our Business Combination, and the laws of such jurisdiction may govern some or all of our future material agreements and we may not be able to enforce our legal rights.
  • General Risk Factors
  • We may issue additional Class A ordinary shares or preference shares to complete our Business Combination or under an employee incentive plan after completion of our Business Combination. We may also issue Class A ordinary shares upon the conversion of the Founder Shares at a ratio greater than one-to-one at the time of our Business Combination as a result of the anti-dilution provisions contained in our amended and restated memorandum and articles of association. Any such issuances would dilute the interest of our shareholders and likely present other risks.
  • We are subject to changing law and regulations regarding regulatory matters, corporate governance and public disclosure that have increased both our costs and the risk of non-compliance.
  • We may be a passive foreign investment company (“PFIC”) which could result in adverse U.S. federal income tax consequences to U.S. investors.
  • We are an emerging growth company and a smaller reporting company within the meaning of the Securities Act, and if we take advantage of certain exemptions from disclosure requirements available to “emerging growth companies” or “smaller reporting companies,” this could make our securities less attractive to investors and may make it more difficult to compare our performance with other public companies.
  • Compliance obligations under the Sarbanes-Oxley Act may make it more difficult for us to effectuate a Business Combination, require substantial financial and management resources, and increase the time and costs of completing an acquisition.
  • As previously disclosed, management identified deficiencies in our internal control over financial reporting relating to (i) the accounting for complex financial instruments and (ii) the review and approval of adjustments to journal entries, which constituted material weaknesses. As of March 31, 2026, these material weaknesses had not been remediated. As a result of the identified material weaknesses, management concluded that our internal control over financial reporting was not effective as of March 31, 2026.
  • Because we are incorporated under the laws of the Cayman Islands, you may face difficulties in protecting your interests, and your ability to protect your rights through the U.S. federal courts may be limited.

Legal proceedings

We are not currently subject to any material legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us or any of our officers or directors in their corporate capacity.

The opening of Item 3, Legal Proceedings.4

Sources

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