Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 220

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 220
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. None of our officers, directors or shareholders is required to provide
any financing to us in connection with or after our initial Business Combination. If we are unable to complete our initial Business Combination,
our Public Shareholders may, based on estimates as of December 31, 2024, receive approximately $11.89 per share on the liquidation of
our Trust Account. There will be no liquidating distributions with respect to our warrants. In certain circumstances, our Public Shareholders
may receive less than $11.89 per share on the redemption of their shares. See “- If third parties bring claims against us, the
proceeds held in the Trust Account could be reduced and the per-share redemption amount received by shareholders may be less than $11.89
per share, which is the estimated per share amount held in our Trust Account as of December 31, 2024” and other risk factors
below.

Resources
could be wasted in researching acquisitions that are not completed, which could materially adversely affect subsequent attempts to locate
and acquire or merge with another business. If we are unable to complete our initial Business Combination, our Public Shareholders may,
based on estimates as of December 31, 2024 receive approximately $11.89 per share, or less than such amount in certain circumstances,
on the liquidation of our Trust Account and there will be no liquidating distributions with respect to our warrants.

We
anticipate that the investigation of each specific target business and the negotiation, drafting and execution of relevant agreements,
disclosure documents and other instruments will require substantial management time and attention and substantial costs for accountants,
attorneys and others. If we decide not to complete a specific initial Business Combination, the costs incurred up to that point for the
proposed transaction likely would not be recoverable. Furthermore, if we reach an agreement relating to a specific target business, we
may fail to complete our initial Business Combination for any number of reasons including those beyond our control. Any such event will
result in a loss to us of the related costs incurred which could materially adversely affect subsequent attempts to locate and acquire
or merge with another business. If we are unable to complete our initial Business Combination, our Public Shareholders may, based on
estimates as of December 31, 2024, receive approximately $11.89 per share on the liquidation of our Trust Account. There will be no liquidating
distributions with respect to our warrants. See “- If third parties bring claims against