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

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 25
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 We
cannot assure you that we will have the ability to recruit additional managers, or that such additional managers will have the requisite
skills, knowledge or experience necessary to enhance the incumbent management.

Shareholders
May Not Have the Ability to Approve Our Initial Business Combination

We
may conduct redemptions without a shareholder vote pursuant to the tender offer rules of the SEC subject to the provisions of our Articles.
However, we will seek shareholder approval if it is required by applicable law or stock exchange rule, or we may decide to seek shareholder
approval for business or other legal reasons. Under the Nasdaq listing rules, shareholder approval would be required for our initial
Business Combination if, for example:

    ●
    we
    issue Class A ordinary shares that will be equal to or in excess of 20% of the number of Class A ordinary shares then outstanding;

    ●
    any
    of our directors, officers or substantial security holders (as defined by Nasdaq rules) has a 5% or greater interest, directly or
    indirectly, in the target business or assets to be acquired or otherwise and the present or potential issuance of Class A ordinary
    shares could result in an increase in outstanding Class A ordinary shares or voting power of 5% or more; or

    ●
    the
    issuance or potential issuance of ordinary shares will result in our undergoing a change of control.

Permitted
Purchases of Our Securities

In
the event we seek shareholder approval of our initial Business Combination and we do not conduct redemptions in connection with our initial
Business Combination pursuant to the tender offer rules, our Initial Shareholders, directors, officers or advisors, or their respective
affiliates, may purchase Public Shares or Public Warrants in privately negotiated transactions or in the open market either prior to
or following the completion of our initial Business Combination. There is no limit on the number of Public Shares or Public Warrants
such persons may purchase. However, they have no current commitments, plans or intentions to engage in such transactions and have not
formulated any terms or conditions for any such transactions. None of the funds in the Trust Account will be used to purchase shares
in such transactions. Further, our Initial Shareholders, directors, officers or advisors, or their respective affiliates will not make
any such purchases when they are in possession of any material non-public information not disclosed to the seller or if such purchases
are prohibited by Regulation M under the Exchange Act. Such a purchase may include a contractual