Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 107

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 107
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 (iii) the structure of our Business Combination,
(iv) the nature and amount of any “PIPE” or other equity issuances (whether in connection with our Business Combination or
otherwise) issued within the same taxable year of a redemption treated as a repurchase of stock and (v) the content of forthcoming regulations
and other guidance from the Treasury. As noted above, the Excise Tax would be payable by the repurchasing corporation, and not by the
redeeming holder, and only limited guidance on the mechanics of any required reporting and payment of the Excise Tax on which taxpayers
may rely have been issued to date. If we were to become a covered corporation in the future, the per-share redemption amount payable
from the Trust Account (including any interest earned on the funds held in the Trust Account) to our public stockholders in connection
with a redemption of our stock is not expected to be reduced by any Excise Tax imposed on us. The imposition of the Excise Tax on us
could, however, cause a reduction in the cash available on hand to complete our Business Combination and may affect our ability to complete
our Business Combination or fund future operations.

We
may be exposed to liabilities under the Foreign Corrupt Practices Act, and any determination that we violated the Foreign Corrupt Practices
Act could have a material adverse effect on our business.

We
are subject to the Foreign Corrupt Practice Act, or FCPA, and other laws that prohibit improper payments or offers of payments to foreign
governments and their officials and political parties by U.S. persons and issuers as defined by the statute for the purpose of obtaining
or retaining business. We will have operations, agreements with third parties and make sales in Asia, which may experience corruption.
Our proposed activities in Asia create the risk of unauthorized payments or offers of payments by one of the employees, consultants,
or sales agents of our Company, because these parties are not always subject to our control. It will be our policy to implement safeguards
to discourage these practices by our employees. Also, our existing safeguards and any future improvements may prove to be less than effective,
and the employees, consultants, or sales agents of our Company may engage in conduct for which we might be held responsible. Violations
of the FCPA may result in severe criminal or civil sanctions, and we may be subject to other liabilities, which could negatively affect
our business, operating results and financial condition. In addition, the government may seek to hold our Company liable for successor