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Piermont Valley Acquisition Corp. reported a Board change. On February 24, 2026, director Brian Coad resigned from the company’s Board of Directors.
The company stated that Mr. Coad’s resignation was not due to any disagreement regarding its operations, policies, or practices.
Piermont Valley Acquisition Corp. held an extraordinary general meeting of shareholders on March 2, 2026, where an extension proposal was approved. A quorum of 5,950,000 Class A ordinary shares and one Class B ordinary share was represented. The proposal received 5,950,000 votes in favor, none against and one abstention. Because this proposal passed and quorum was present, a planned adjournment proposal was not put to a vote. In connection with the extension, 536 Class A ordinary shares were redeemed. After these redemptions, 5,954,419 Class A ordinary shares and one Class B ordinary share were outstanding. An amendment to the company’s Amended and Restated Memorandum and Articles of Association to implement the extension has been filed with the Cayman Islands Registrar of Companies.