Piermont Valley Acquisition Corp. Class A
CMCAF
Other OTC2.60
USD
- -
- -
CIK
0001865248
ISIN
KYG1889L1005
Return %
Stock
S&P500
1Y
-77.19
26.53
3Y
-75.19
76.60
5Y
-73.66
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Wei Qian
- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 732 S 6TH ST #5386 Las Vegas NY United States of America 89101
- IPO Date
- Jun 12, 2024
- CIK
- 0001865248
- Website
- cemac.online
- Similar Companies
- Business
- Capitalworks Emerging Markets Acquisition Corp is a special purpose acquisition company (SPAC) incorporated in 2021 and headquartered in New York, New York. The company is formed to effect mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations with one or more businesses. It targets high-growth companies operating in emerging markets, focusing on sectors including consumer and consumer technology; financial and business services; healthcare and technology; and media and telecommunications. Capitalworks Emerging Markets Acquisition Corp operates primarily through subsidiaries, including CEMAC Sponsor LP, and aims to identify companies with scalable business models that can be expanded across other emerging or developed markets. The company itself does not have significant operational activities or generate revenues outside of pursuing its business combinations. Its core service is facilitating mergers and acquisitions for target companies it identifies in the aforementioned sectors and regions. In recent major developments, Capitalworks Emerging Markets Acquisition Corp entered into a definitive business combination agreement with Lexasure Financial Group Limited, a FinTech and insurance services company focused on Southeast and South Asian markets, with intentions of taking Lexasure public through the SPAC structure. This transaction was valued at approximately $250 million and included innovative products such as mobile apps for health promotion and agricultural insurance technologies. However, the merger agreement was mutually terminated in early 2024, and the company extended its deadline to seek alternative business combinations. Subsequently, in February 2025, Capitalworks Emerging Markets Acquisition Corp changed its name to Piermont Valley Acquisition Corp, reflecting a strategic reorganization and refocus of corporate identity and objectives. The company’s business model revolves around leveraging its SPAC platform to identify, acquire, and grow businesses in emerging markets with promising expansion potential. Its geographic focus includes select emerging markets in Asia and other regions where its target companies operate, aiming to bring innovative consumer, financial, healthcare, and media technologies to broader markets. The company is listed on Nasdaq (ticker formerly CMCAU, CMCAF) and continues efforts to consummate a qualified business combination or acquisition under its revised charter timeline.