Company: VMCWF
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001641172-25-001827
Chunk: 1676

Company: Valuence Merger Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 16
Chunk 1676
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’s Trust Account.

On
March 3, 2025, the Board of Directors of the Company approved an extension of the date by which the Company has to consummate an
initial business combination by an additional month, from March 3, 2025 to April 3, 2025, the eighth of 19 potential one-month
extensions available to the Company. In connection with such extension, the Company caused to be deposited an additional $28,011
into the Company’s Trust Account. As previously disclosed, the Company’s Amended and Restated Memorandum and Articles of
Association, as amended, provides the Company the right to extend such date, monthly, to up to March 3, 2026, by resolution of the
Board of Directors.

Subsequent to December 31, 2024, related parties advanced further $135,000
to the Company. These advances are non-interest bearing and without fixed repayment terms.

F-22