Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 235

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 235
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. In this case, we would acquire a 100% interest in the target. However, as a result
of the issuance of a substantial number of new ordinary shares, our shareholders immediately prior to such transaction could own less
than a majority of our issued and outstanding ordinary shares subsequent to such transaction. In addition, other minority shareholders
may subsequently combine their holdings resulting in a single person or group obtaining a larger portion of the company’s shares
than we initially acquired. Accordingly, this may make it more likely that our management will not be able to maintain our control of
the target business.

We
may not have sufficient funds to satisfy indemnification claims of our officers and directors.

We
have agreed to indemnify our officers and directors to the fullest extent permitted by law. However, our officers and directors have
agreed to waive any right, title, interest or claim of any kind in or to any monies in the Trust Account and to not seek recourse against
the Trust Account for any reason whatsoever. Accordingly, any indemnification provided will be able to be satisfied by us only if (i)
we have sufficient funds outside of the Trust Account or (ii) we consummate an initial Business Combination. Our obligation to indemnify
our officers and directors may discourage shareholders from bringing a lawsuit against our officers and directors for breach of their
fiduciary duty. These provisions also may have the effect of reducing the likelihood of derivative litigation against our officers and
directors, even though such an action, if successful, might otherwise benefit us and our shareholders. Furthermore, a shareholder’s
investment may be adversely affected to the extent we pay the costs of settlement and damage awards against our officers and directors
pursuant to these indemnification provisions.

Any
negative developments involving our management, directors and persons or companies with which they are currently or have been affiliated,
including civil disputes, litigation, government or other investigations or other actual or alleged misconduct, unrelated to our business
affairs could materially impact our ability to consummate an initial Business Combination.

Our
members of our management team, our directors, and persons or companies with which they are affiliated have been, and in the future will
continue to be, involved in a wide variety of business and other activities. As a result of such involvement, we may be exposed to the
risk of negative developments relating to members of our management, directors and persons or companies with which they are affiliated,
including civil disputes, litigation, governmental or other investigations or other actual or alleged misconduct relating to