Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 47

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 47
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 be materially and adversely affected. In addition, our ability to consummate a transaction may be dependent on the ability to raise
equity and debt financing which may be impacted by these and other events, including as a result of increased market volatility, decreased
market liquidity in third-party financing being unavailable on terms acceptable to us or at all.

26

If
we seek shareholder approval of our initial Business Combination, our Sponsor, directors and officers and their affiliates may elect
to purchase Public Shares or Public Warrants from shareholders, which may reduce the public “float” of the Class A ordinary
shares and Public Warrants.

If
we seek shareholder approval of our initial Business Combination and we do not conduct redemptions in connection with our initial Business
Combination pursuant to the tender offer rules, our Sponsor, directors and officers, and their affiliates may purchase Public Shares
or Public Warrants in privately negotiated transactions or in the open market prior to the completion of an initial Business Combination,
although they are under no obligation to do so. There is no limit on the number of Public Shares or Public Warrants our Sponsor, the
directors and officers, and their affiliates may purchase in such transactions, subject to compliance with applicable law. Additionally, at any time at or prior to our initial Business Combination, subject to applicable securities laws (including with
respect to material non-public information), our Sponsor, Initial Shareholders, directors, officers, advisors and their affiliates may
enter into transactions with investors and others to provide them with incentives to acquire Public Shares, vote their Public Shares
in favor of our initial Business Combination or not redeem their Public Shares. However, other than as expressly stated herein, they
have no current commitments, plans or intentions to engage in such transactions and have not formulated any terms or conditions for any
such transactions. None of the funds in the Trust Account will be used to purchase Public Shares or Public Warrants in such transactions.
Such purchases may include a contractual acknowledgment that such shareholder, although still the record holder of our shares, is no
longer the beneficial owner thereof and therefore agrees not to exercise its redemption rights.

In
the event that our Sponsor, directors and officers, and their affiliates purchase Public Shares in privately negotiated transactions
from Public Shareholders who have already elected to exercise their redemption rights, such selling Public Shareholders would be required
to revoke their prior elections to redeem their Public Shares. The purpose of any such purchases of shares could be to increase the amount
of cash at the closing of an initial Business