Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 30

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 30
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 about the initial Business Combination and the redemption rights as is required under Regulation 14A of the
    Exchange Act, which regulates the solicitation of proxies.

Upon
the public announcement of our initial Business Combination, we or our Initial Shareholders will terminate any plan established in accordance
with Rule 10b5-1 to purchase our Class A ordinary shares in the open market if we elect to redeem our Public Shares through a tender
offer, to comply with Rule 14e-5 under the Exchange Act.

In
the event we conduct redemptions pursuant to the tender offer rules, our offer to redeem will remain open for at least 20 business days,
in accordance with Rule 14e-1(a) under the Exchange Act, and we will not be permitted to complete our initial Business Combination until
the expiration of the tender offer period. If Public Shareholders tender more shares than we have offered to purchase, we will withdraw
the tender offer and not complete the initial Business Combination.

18

If,
however, shareholder approval of the transaction is required by applicable law or stock exchange listing requirement, or we decide to
obtain shareholder approval for business or other legal reasons, we will, pursuant to our Articles:

    ●
    conduct
    the redemptions in conjunction with a proxy solicitation pursuant to Regulation 14A of the Exchange Act, which regulates the solicitation
    of proxies, and not pursuant to the tender offer rules; and

    ●
    file
    proxy materials with the SEC.

We
expect that a final proxy statement would be mailed to Public Shareholders at least 20 days prior to the shareholder vote. However, we
expect that a draft proxy statement would be made available to such shareholders well in advance of such time, providing additional notice
of redemption if we conduct redemptions in conjunction with a proxy solicitation.

In
the event that we seek shareholder approval of our initial Business Combination, we will distribute proxy materials and, in connection
therewith, provide our Public Shareholders with the redemption rights described above upon completion of the initial Business Combination.

If
we seek shareholder approval, we will complete our initial Business Combination only if we obtain the approval of an ordinary resolution
under Cayman Islands law, being the affirmative vote of a majority of the ordinary shares represented in person or by proxy and entitled
to vote thereon and who vote at a general meeting in favor of the Business Combination. In such case, pursuant to the terms of a letter
agreement entered