Company: VMCWF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023515
Chunk: 41

Company: Valuence Merger Corp. I
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 for which separate financial information
is available that is regularly evaluated by the Company’s chief operating decision maker (“CODM”), or group, in deciding how to allocate resources and assess performance.

The
Company’s CODM has been identified as the Chief Financial Officer who reviews the assets, operating results, and financial metrics
for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management
has determined that there is only one reportable segment.

The
CODM assesses performance for the single segment and decides how to allocate resources based on net income that also is reported on
the condensed statements of operations as net income. The measure of segment assets is reported on the condensed balance sheets as
total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM
reviews several key metrics included in net income and total assets, which include the following:

 SCHEDULE OF SEGMENT INFORMATION

    September 30, 2025  
    December 31, 2024 
  
    Cash held in  Trust Account 
    $22,985,208  
    $22,206,637 
  
    Cash 
    $43,136  
    $61,037 

    2025  
    2024  
    2025  
    2024 

    For the Three Months Ended September 30,  
    For the Nine Months Ended September 30, 

    2025  
    2024  
    2025  
    2024 

    General and administrative expenses 
    $82,467  
    $203,143  
    $486,454  
    $926,412 
  
    Recoveries of previously incurred costs 
    $(50,905) 
    $—  
    $(171,905) 
    $— 
  
    Interest earned on cash and investments held in Trust Account 
    $187,803  
    $238,177  
    $554,482  
    $1,718,819 

The
CODM reviews interest earned on investments and cash held in Trust Account to measure and monitor shareholder value and determine the
most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement.

General
and administrative expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available
to complete a business combination or similar transaction within the