Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 154

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 154
---
writing fees 
     8,105,480  
     8,105,480 
  
    TOTAL LIABILITIES 
     12,444,833  
     12,796,658 

    Commitments and Contingencies 
     -  
     - 

    Class A ordinary shares subject to possible redemption, $0.0001 par value; 1,867,402 and 6,210,718 shares at redemption value of $11.89 and $11.15 per share at December 31, 2024 and 2023, respectively 
     22,206,637  
     69,262,338 

    SHAREHOLDERS’ DEFICIT 

    Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at December 31, 2024 and 2023 
     —  
     — 
  
    Class A ordinary shares, $0.0001 par value; 180,000,000 shares authorized; 5,502,488 and none issued or outstanding (excluding 1,867,402 and 6,210,718 shares subject to possible redemption) as of December 31, 2024 and 2023, respectively 
     550  
     — 
  
    Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 2 and 5,502,490 shares issued and outstanding as of December 31, 2024 and 2023, respectively 
     —  
     550 
  
    Common
    Stock value 
     —  
     550 

    Additional paid-in capital 
     —  
     — 
  
    Accumulated deficit 
     (12,335,872) 
     (11,894,322)
  
    TOTAL SHAREHOLDERS’ DEFICIT 
     (12,335,322) 
     (11,893,772)
  
    TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS’ DEFICIT 
    $22,316,148  
    $70,165,224 

The
accompanying notes are an integral part of these financial statements.

F-3

VALUENCE
MERGER CORP. I

STATE