Company: VMCWF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023470
Chunk: 75

Company: Valuence Merger Corp. I
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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 Non-Redeemable 

    For
    the Three Months Ended June 30,  
    For
    the Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 

    Class
    A
 Redeemable  
    Class
    A & Class B
 Non-Redeemable  
    Class
    A
 Redeemable  
    Class
    A & Class B
 Non-Redeemable  
    Class
    A
 Redeemable  
    Class
    A & Class B
 Non-Redeemable  
    Class
    A
 Redeemable  
    Class
    A & Class B
 Non-Redeemable 
  
    Basic
    and diluted net income per ordinary share 

    Numerator: 

    Allocation
    of net income 
    $14,878  
    $43,838  
    $80,055  
    $88,637  
    $21,206  
    $62,486  
    $381,682  
    $375,691 
  
    Denominator: 

    Basic and diluted
    weighted average shares outstanding 
     1,867,402  
     5,502,490  
     4,969,771  
     5,502,490  
     1,867,402  
     5,502,490  
     5,590,244  
     5,502,490 
  
    Basic
    and diluted net income per ordinary share 
    $0.01  
    $0.01  
    $0.02  
    $0.02  
    $0.01  
    $0.01  
    $0.07  
    $0.07 

    11

VALUENCE
MERGER CORP. I

NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

JUNE
30, 2025

Concentration
of Credit Risk

Financial
instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution,
which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $250,000. Any loss incurred or a lack