Piermont Valley Acquisition Corp-A 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJune 30, 2026 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Commission File Number:001-41108 PIERMONT VALLEY ACQUISITION CORP. (Exact name of registrant as specified in its charter) 98-1598114(IRS Employer (State or other jurisdictionof incorporation or organization) Identification Number) 89101(Zip code) 732 S. 6th Street, #5386, Las Vegas, Nevada(Address of principal executive offices) (929) 792-5788(Issuer’s telephone number including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each class Units, each consisting of one Class A ordinary share and one-half ofone redeemable warrantClass A Ordinary Shares, par value $0.0001 per shareRedeemable warrants, each whole warrant exercisable for one ClassA ordinary share at an exercise price of $11.50 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15 (d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smallerreporting company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerginggrowth company” in Rule 12b-2 of the Exchange Act: Large accelerated filer☐Accelerated filer☐Non-accelerated filer☒Smaller reporting company☒Emerging growth company☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of August 14, 2026, there were 5,954,450 ordinary shares issued and outstanding, consisting of 5,954,449 Class A ordinary shares,par value $0.0001 per share, and one Class B ordinary share, par value $0.0001 per share. INDEX Item 1 – Financial Statements3Unaudited Condensed Balance Sheet3Unaudited Condensed Statement of Operations4Unaudited Condensed Statement of Changes in Shareholders’ Deficit5Unaudited Condensed Statement of Cash Flows6Notesto Unaudited Condensed Financial Statements7Item 2 – Management’s Discussion and Analysis of Financial Condition and Results of Operations28Item 3 – Quantitative and Qualitative Disclosures About Market Risk34Item 4 – Controls and Procedures34Part II - Other InformationItem 5 – Other Information36Item 6 – Exhibits36Signatures37 Part I - Financial Information PIERMONT VALLEY ACQUISITION CORP.UNAUDITED CONDENSED BALANCE SHEETS LIABILITIES, REDEEMABLE SHARES AND SHAREHOLDERS’ DEFICITAccrued expenses PIERMONT VALLEY ACQUISITION CORPUNAUDITED CONDENSED STATEMENTS OF OPERATIONS For TheThreeMonthsEnded June30, 2026For TheThreeMonthsEnded June30, 2025 PIERMONT VALLEY ACQUISITION CORPUNAUDITED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICITFOR THE PERIOD ENDED JUNE 30, 2026 PIERMONT VALLEY ACQUISITION CORPUNAUDITED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICITFOR THE PERIOD ENDED JUNE 30, 2025 PIERMONT VALLEY ACQUISITION CORPUNAUDITED CONDENSED STATEMENTS OF CASH FLOWS Net loss$(5,402)$(897,045)Adjustments to reconcile net loss to net cash provided by (used in) operating activitiesLoss on change in fair value of warrant liability-884,244Changes in operating assets and liabilities:Prepaid expenses-933Accounts payable and accrued expenses4,8477,399Net Cash Used In Operating Activities(555)(4,469) PIERMONT VALLEY ACQUISITION CORPNOTESTO UNAUDITED CONDENSED FINANCIAL STATEMENTS JUNE 30, 2026 NOTE1— DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN Piermont Valley Acquisition Corp (formerly Capitalworks Emerging Markets Acquisition Corp) (the “Company”) is a blankcheck company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, shareexchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities(the “Business Combination”). The Company has entered into a Merger Agreement (defined below) with Tigerless Health Inc.(“Tigerless”), which remains subject to shareholder, SEC, financin