Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 133

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 133
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 Board of Directors has determined that Mr. Kim qualifies as an “audit
committee financial expert” as defined in applicable SEC rules and has accounting or related financial management expertise.

We
have adopted an audit committee charter, which details the principal functions of the audit committee, including:

    ●
    the
    appointment, compensation, retention, replacement, and oversight of the work of the independent registered public accounting firm
    engaged by us;

    ●
    pre-approving
    all audit and permitted non-audit services to be provided by the independent registered public accounting firm engaged by us, and
    establishing pre-approval policies and procedures;

    ●
    setting
    clear hiring policies for employees or former employees of the independent registered public accounting firm, including but not limited
    to, as required by applicable laws and regulations;

    ●
    obtaining
    and reviewing a report, at least annually, from the independent registered public accounting firm describing: (i) the
    independent registered public accounting firm’s internal quality-control procedures; (ii) any material issues raised by the
    most recent internal quality-control review, or peer review, of the audit firm, or by any inquiry or investigation by governmental
    or professional authorities within the preceding five years respecting one or more independent audits carried out by the firm and
    any steps taken to deal with such issues; and (iii) all relationships between the independent registered public accounting firm and
    us to assess the independent registered public accounting firm’s independence;

66

    ●
    reviewing
    and approving any related party transaction required to be disclosed pursuant to Item 404 of Regulation S-K promulgated by the SEC
    prior to us entering into such transaction; and

    ●
    reviewing
    with management, the independent registered public accounting firm, and our legal advisors, as appropriate, any legal, regulatory
    or compliance matters, including any correspondence with regulators or government agencies and any employee complaints or published
    reports that raise material issues regarding our financial statements or accounting policies and any significant changes in accounting
    standards or rules promulgated by the Financial Accounting Standards Board, the SEC or other regulatory authorities.

Nominating
and Corporate Governance Committee

We
have established a nominating and corporate governance committee. The members of our nominating and corporate governance are John Kim,
Gary Wunderlich and Dr. Zhe Zhang. John Kim serves as chair of the nominating and corporate governance committee. John Kim, Gary Wunderlich