Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 233

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 233
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 to such affairs in excess of their current
commitment levels, it could limit their ability to devote time to our affairs which may have a negative impact on our ability to complete
our initial Business Combination.

Certain
of our officers and directors are now, and all of them may in the future become, affiliated with entities engaged in business activities
similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in determining to which entity a particular
business opportunity should be presented.

After
the IPO and until we consummate our initial Business Combination, we intend to engage in the business of identifying and combining with
one or more businesses. Our Initial Shareholders and officers and directors are, or may in the future become, affiliated with entities
(such as operating companies or investment vehicles) that are engaged in making and managing investments in a similar business.

Our
officers and directors also may become aware of business opportunities which may be appropriate for presentation to us and the other
entities to which they owe certain fiduciary or contractual duties. As a result, they will have a duty to offer acquisition opportunities
to certain clients or other entities. Accordingly, our officers and directors may have conflicts of interest in determining to which
entity a particular business opportunity should be presented. These conflicts may not be resolved in our favor and a potential target
business may be presented to other entities prior to its presentation to us, subject to his or her fiduciary duties under Cayman Islands
law.

Our
officers, directors, security holders and their respective affiliates may have competitive pecuniary interests that conflict with our
interests.

We
have not adopted a policy that expressly prohibits our directors, officers, security holders or affiliates from having a direct or indirect
pecuniary or financial interest in any investment to be acquired or disposed of by us or in any transaction to which we are a party or
have an interest. In fact, we may enter into a Business Combination with a target business that is affiliated with our Initial Shareholders,
our directors or officers. Nor do we have a policy that expressly prohibits any such persons from engaging for their own account in business
activities of the types conducted by us. Accordingly, such persons or entities may have a conflict between their interests and ours.

42

We
may engage in a Business Combination with one or more target businesses that have relationships with entities that may be affiliated
with our Initial Shareholders, officers, directors or existing holders which may raise potential conflicts of interest.

In