Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 346

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 346
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As
a blank check company, we have no operations and therefore do not have any operations of our own that face cybersecurity threats. However,
we do depend on the digital technologies of third parties, and as noted in “Item 1A. Risk Factors” of this Annual
Report, any sophisticated and deliberate attacks on, or security breaches in, systems or infrastructure or the cloud that we utilize,
including those of third parties, could lead to corruption or misappropriation of our assets, proprietary information and sensitive or
confidential data. Because of our reliance on the technologies of third parties, we also depend upon the personnel and the processes
of third parties to protect against cybersecurity threats, and we have no personnel or processes of our own for this purpose. Our
Board of Directors oversees risk for our Company, and prior to approving our filings with the SEC, our Board of Directors reviews our
risk factors, including the descriptions of the risks we face from cybersecurity threats, as described in “Item 1A. Risk Factors”
of this Annual Report.

57

ITEM
2. PROPERTIES.

We
currently maintain our executive offices at 4 Orinda Way, Suite 100D, Orinda, California 94563. We consider our current office space
adequate for our current operations.

ITEM
3. LEGAL PROCEEDINGS.

To
the knowledge of our management, there was no material litigation, arbitration or governmental proceeding pending against us or any members
of our management team in their capacity as such, and we and the members of our management team have not been subject to any such proceeding.

ITEM
4. MINE SAFETY DISCLOSURES.

Not
applicable.

PART
II

ITEM
5. MARKET FOR REGISTRANT’S ORDINARY EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

(a)
Market Information

Our
Units, Class A ordinary shares and Public Warrants were listed on Nasdaq under the symbols “VMCAU,” “VMCA”
and “VMCAW”, respectively, until March 11, 2025. Shortly following the delisting, our Units, Class A ordinary shares and Public
Warrants began trading on the over-the-counter market and quoted on the OTCPINK under the symbols “VMCUF”, “VMCAF” and “VMCWF”, respectively.

(b)
Holders

As
of December 31, 2024, there was one holder of record of our