Company: VMCWF
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023470
Chunk: 40

Company: Valuence Merger Corp. I
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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. Accordingly, management
has determined that there is only one reportable segment.

The
CODM assesses performance for the single segment and decides how to allocate resources based on net income that also is reported on the
statements of operations as net income. The measure of segment assets is reported on the balance sheets as total assets. When evaluating
the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included
in net income and total assets, which include the following:

 SCHEDULE OF SEGMENT INFORMATION

    June
    30,  
    December
    31, 

    2025  
    2024 
  
    Trust
    Account 
    $22,713,372  
    $22,206,637 
  
    Cash 
    $92,661  
    $61,037 

    For
    the Three Months Ended June 30,  
    For
    the Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 

    General
    and administrative expenses 
    $126,616  
    $465,800  
    $403,987  
    $723,269 
  
    Recoveries
    of previously incurred general and administrative expenses 
    $—  
    $—  
    $(121,000) 
    $— 
  
    Interest
    earned on cash and investments held in Trust Account 
    $185,332  
    $634,492  
    $366,679  
    $1,480,642 

The
CODM reviews interest earned on investments and cash held in Trust Account to measure and monitor shareholder value and determine the
most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement.

General
and administrative expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available
to complete a business combination or similar transaction within the business combination period. The CODM also reviews general and administrative
costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. General
and administrative expenses, as reported on the statements of operations, are the significant segment expenses provided to the CODM on
a regular basis.

All
other segment items included in net income are reported on the statements of operations and described within their respective