Piermont Valley Acquisition Corp (formerly Capitalworks Emerging Markets Acquisition Corp)

Piermont Valley Acquisition Corp (formerly Capitalworks Emerging Markets Acquisition Corp) (CMCAF) is a blank-check company (SPAC) that raised $200M in its initial public offering on Dec 2, 2021, listing on Nasdaq Global Market. It agreed to combine with Tigerless Health, Inc., announced on Apr 20, 2026. The deal has not closed yet. Barclays led the IPO. DLA Piper advised the SPAC and Akin advised the underwriters on the IPO.

Tigerless Health, Inc., founded in 2018 and headquartered in New York City, is a technology company with a digital, data-driven platform that helps consumers find and manage insurance. It is building proprietary artificial intelligence capabilities to help users understand, select and use their insurance.

Status

Deal announced

Ticker

CMCAF

IPO date

Dec 2, 2021

IPO size

$200M

IPO exchange

Nasdaq Global Market

Target

Tigerless Health, Inc.

Target sector

Fintech

Announced

Apr 20, 2026

Combined company

Tigerless AI Holdings Inc.

IPO underwriters

Barclays

SPAC counsel (IPO)

DLA Piper and Walkers

Underwriters' counsel (IPO)

Akin