Company: VMCWF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023515
Chunk: 5

Company: Valuence Merger Corp. I
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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ited) 
     5,502,488  
     550  
     2  
     —  
     —  
     (13,373,613) 
     (13,373,063)

    Balance 
     5,502,488  
     550  
     2  
     —  
     —  
     (13,373,613) 
     (13,373,063)

    Accretion of Class A ordinary shares subject to possible redemption 
     —  
     —  
     —  
     —  
     —  
     (322,211) 
     (322,211)

    Net income 
     —  
     —  
     —  
     —  
     —  
     35,034  
     35,034 

    Balance as of September 30, 2024 (unaudited) 
     5,502,488  
    $550  
     2  
    $—  
    $—  
    $(13,660,790) 
    $(13,660,240)
  
    Balance 
     5,502,488  
    $550  
     2  
    $—  
    $—  
    $(13,660,790) 
    $(13,660,240)

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

3

VALUENCE
MERGER CORP. I

UNAUDITED
CONDENSED STATEMENTS OF CASH FLOWS

    2025  
    2024 

    For the Nine Months Ended September 30, 

    2025  
    2024 
  
    Cash Flows from Operating Activities: 

    Net income 
    $239,933  
    $792,407 
  
    Adjustments to reconcile net income to net cash used in operating activities: 

    Interest earned on cash and investments held in Trust Account 
     (554,482) 
     (1,718,819)
  
    Changes in operating assets and liabilities: 

    Prepaid expenses 
     23,488  
     (10,197)
  
    Accrued expenses and accounts payable