Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 221

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 221
---
 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.

35

Our
key personnel may negotiate employment or consulting agreements with a target business in connection with a particular Business Combination.
These agreements may provide for them to receive compensation following our initial Business Combination and as a result, may cause them
to have conflicts of interest in determining whether a particular business combination is the most advantageous.

Our
key personnel may be able to remain with the post-transaction company after the completion of our initial Business Combination only if
they are able to negotiate employment or consulting agreements in connection with the Business Combination. Such negotiations would take
place simultaneously with the negotiation of the Business Combination and could provide for such individuals to receive compensation
in the form of cash payments and/or our securities for services they would render to us after the completion of the Business Combination.
The personal and financial interests of such individuals may influence their motivation in identifying and selecting a target business,
subject to his or her fiduciary duties under Cayman Islands law. However, we believe the ability of such individuals to remain with us
after the completion of our initial Business Combination will not be the determining factor in our decision as to whether or not we will
proceed with any potential Business Combination. There is no certainty, however, that any of our key personnel will remain with us after
the completion of our initial Business Combination. We cannot assure you that any of our key personnel will remain in senior management
or advisory positions with us. The determination as to whether any of our key personnel will remain with us will be made at the time
of our initial Business Combination.

We
may have a limited ability to assess the management of a prospective target business and, as a result, may affect our initial Business
Combination with a target business whose management may not have the skills, qualifications or abilities to manage a public company.

When
evaluating the desirability of effecting our initial Business Combination with a prospective target business, our ability to assess the
target business’ management may be limited due to a lack of time, resources or information. Our assessment of the capabilities
of the target’s management, therefore, may prove to be incorrect and such management may lack the skills, qualifications or abilities
we suspected. Should the target’s management not possess the