Company: VMCWF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023515
Chunk: 90

Company: Valuence Merger Corp. I
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 90
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 transferable, assignable or salable until 30 days after
the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants are exercisable
on a cashless basis and are non-redeemable, except as described above, so long as they are held by the initial purchasers or their permitted
transferees.

    17

VALUENCE
MERGER CORP. I

NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER
30, 2025

NOTE
8 — SEGMENT INFORMATION

ASC
Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about
operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise
that engage in business activities from which it may recognize revenues and incur expenses, and 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