Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 43

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 43
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 structure.

24

The
ability of our Public Shareholders to exercise redemption rights with respect to a large number of our shares could increase the probability
that our initial Business Combination would be unsuccessful and that you would have to wait for liquidation in order to redeem your shares.

If
our initial business combination agreement requires us to use a portion of the cash in the Trust Account to pay the purchase price, or
requires us to have a minimum amount of cash at closing, the probability that our initial Business Combination would be unsuccessful
is increased. If our initial Business Combination is unsuccessful, you would not receive your pro rata portion of the Trust Account until
we liquidate the Trust Account. If you are in need of immediate liquidity, you could attempt to sell your shares in the open market;
however, at such time our shares may trade at a discount to the pro rata amount per share in the Trust Account. In either situation,
you may suffer a material loss on your investment or lose the benefit of funds expected in connection with our redemption until we liquidate
or you are able to sell your shares in the open market.

The
requirement that we complete our initial Business Combination within the prescribed time frame under our Articles may give potential
target businesses leverage over us in negotiating a Business Combination and may decrease our ability to conduct due diligence on potential
Business Combination targets as we approach our dissolution deadline, which could undermine our ability to complete our initial Business
Combination on terms that would produce value for our shareholders.

Any
potential target business with which we enter into negotiations concerning a Business Combination will be aware that we must complete
our initial Business Combination within the Combination Period. Consequently, such target business may obtain leverage over us in negotiating
a Business Combination, knowing that if we do not complete our initial Business Combination with that particular target business, we
may be unable to complete our initial Business Combination with any target business. This risk will increase as we get closer to the
end of the Combination Period. In addition, we may have limited time to conduct due diligence and may enter into our initial Business
Combination on terms that we would have rejected upon a more comprehensive investigation.

We
may not be able to complete our initial Business Combination within the prescribed time frame and/or we may not elect to further extend
our Combination Period, in which case we would cease all operations except for the purpose of winding up and we would redeem our Public
Shares and liquidate, in which case our Public Shareholders may, based on estimates as of