Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 27

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 27
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arrants”
in Item 1A. Risk Factors for additional information.

The
purpose of any such purchases of Public Shares could be to satisfy a closing condition in an agreement with a target, such as a business
combination agreement, that requires us to have a certain amount of cash at the closing of our initial Business Combination, where it
appears that such requirement would otherwise not be met. The purpose of any such purchases of Public Warrants could be to reduce the
number of Public Warrants outstanding or to vote such warrants on any matters submitted to the warrant holders for approval in connection
with our initial Business Combination. Any such purchases of our securities may result in the completion of our initial Business Combination
that may not otherwise have been possible. In addition, if such purchases are made, the public “float” of our Class A ordinary
shares or Public Warrants may be reduced and the number of beneficial holders of our securities may be reduced, which may make it difficult
to maintain or obtain the quotation, listing or trading of our securities on a national securities exchange.

Any
purchases by our Initial Shareholders, directors, officers or advisors, or their respective affiliates who are affiliated purchasers
under Rule 10b-18 under the Exchange Act will only be made to the extent such purchases are able to be made in compliance with Rule 10b-18,
which is a safe harbor from liability for manipulation under Section 9(a)(2) and Rule 10b-5 of the Exchange Act. Rule 10b-18 has certain
technical requirements that must be complied with in order for the safe harbor to be available to the purchaser. Our Initial Shareholders,
directors, officers or advisors, or their respective affiliates, will not make purchases of ordinary shares if the purchases would violate
Section 9(a)(2) or Rule 10b-5 of the Exchange Act.

Redemption
Rights for Public Shareholders upon Completion of Our Initial Business Combination

We
will provide our Public Shareholders with the opportunity to redeem all or a portion of their Public Shares upon the completion of our
initial Business Combination at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account
as of two business days prior to the consummation of the initial Business Combination, including interest (which interest shall be net
of taxes payable) divided by the number of then outstanding Public Shares, subject to the limitations described herein. The per-share
amount we will distribute to investors who properly redeem