Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 24

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 24
---
 in our incurring losses and will reduce the funds we can use to complete another Business Combination. The Company
will not pay any consulting fees to members of our management team, or any of their respective affiliates, for services rendered to or
in connection with our initial Business Combination.

15

Lack
of Business Diversification

For
an indefinite period of time after the completion of our initial Business Combination, the prospects for our success may depend entirely
on the future performance of a single business. Unlike other entities that have the resources to complete business combinations with
multiple entities in one or several industries, it is probable that we will not have the resources to diversify our operations and mitigate
the risks of being in a single line of business. By completing our initial Business Combination with only a single entity, our lack of
diversification may:

    ●
    subject
    us to negative economic, competitive and regulatory developments, any or all of which may have a substantial adverse impact on the
    particular industry in which we operate after our initial Business Combination, and

    ●
    cause
    us to depend on the marketing and sale of a single product or limited number of products or services.

Limited
Ability to Evaluate the Target’s Management Team

Although
we intend to closely scrutinize the management of a prospective target business when evaluating the desirability of effecting our initial
Business Combination with that business, our assessment of the target business’s management may not prove to be correct. In addition,
the future management may not have the necessary skills, qualifications or abilities to manage a public company. Furthermore, the future
role of members of our management team, if any, in the target business cannot presently be stated with any certainty. While it is possible
that one or more of our directors will remain associated in some capacity with us following our initial Business Combination, it is unlikely
that any of them will devote their full efforts to our affairs subsequent to our initial Business Combination. Moreover, we cannot assure
you that members of our management team will have significant experience or knowledge relating to the operations of the particular target
business.

We
cannot assure you that any of our key personnel will remain in senior management or advisory positions with the combined company. The
determination as to whether any of our key personnel will remain with the combined company will be made at the time of our initial Business
Combination.

Following
a Business Combination, we may seek to recruit additional managers to supplement the incumbent management of the target business.