Company: VMCWF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023470
Chunk: 1

Company: Valuence Merger Corp. I
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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0001 par value; 1,000,000 shares authorized; none issued or outstanding at June 30, 2025 and December 31, 2024 
     —  
     — 
  
    Class
    A ordinary shares, $0.0001 par value; 180,000,000 shares authorized; 5,502,488 shares issued or outstanding (excluding 1,867,402
    shares subject to possible redemption) as of June 30, 2025 and December 31, 2024 
     550  
     550 
  
    Class
    B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 2 shares issued and outstanding as of June 30, 2025 and December
    31, 2024 
     —  
     — 
  
    Common
    Stock value 
     —  
     — 

    Additional
    paid-in capital 
     —  
     — 
  
    Accumulated
    deficit 
     (12,758,915) 
     (12,335,872)
  
    TOTAL
    SHAREHOLDERS’ DEFICIT 
     (12,758,365) 
     (12,335,322)
  
    TOTAL
    LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS’ DEFICIT 
    $22,851,008  
    $22,316,148 

The
accompanying notes are an integral part of these unaudited condensed financial statements.

1

VALUENCE
MERGER CORP. I

UNAUDITED
CONDENSED STATEMENTS OF OPERATIONS

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

    2025  
    2024  
    2025  
    2024 

    General
    and administrative expenses 
    $126,616  
    $465,800  
    $403,987  
    $723,269 
  
    Recoveries
    of previously incurred costs 
     —  
     —  
     (121,000) 
     — 
  
    Loss
    from operations 
     (126,616)