Piermont Valley Acquisition Corp (CMCWF) Warrant
Each CMCWF warrant gives the holder the right to buy 1 share of Piermont Valley Acquisition Corp at $11.50 per share, for five years after the company completes its merger. Piermont Valley Acquisition Corp is a SPAC (deal signed with Tigerless Health, Inc.). It must complete a deal by March 3, 2027 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 193.1% to the 5.95M shares outstanding.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $10.00
- Cashless exercise
- allowed
- Break-even stock price
- —
From the issuer's 424B4 (2021-12-02).
Company and stock
- Company
- Piermont Valley Acquisition Corp
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 5.95M
Market cap is the last share price times shares outstanding (as of 2026-08-14). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether CMCWF is cheap or rich against our model.
Dilution
- Shares outstanding
- 5.95M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 193.1%
Warrant count from filing text: public warrants.
SPAC deal
- Status
- deal signed
- Target
- Tigerless Health, Inc.
- Deal announced
- 2026-04-17
- Deadline
- 2027-03-03
- Latest possible deadline
- —
- Trust per share
- $10.20
- Sponsor
- CEMAC Sponsor LP
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about CMCWF
When does the CMCWF warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of CMCWF?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many CMCWF warrants are outstanding?
11.50M listed warrants, equal to 193.1% dilution if all are exercised.