Company: VMCWF
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001493152-25-023515
Chunk: 76

Company: Valuence Merger Corp. I
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 76
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 value of 0.0001 per share (the “Class B Ordinary Shares”, and together with the Class A Ordinary Shares, the “Ordinary
Shares”). Income and losses are shared pro rata between the two classes of shares. This presentation contemplates a Business Combination
as the most likely outcome, in which case, both classes of ordinary shares share pro rata in the loss of the Company. Accretion associated
with the redeemable Class A ordinary shares is excluded from earnings per share as the redemption value approximates fair value.

The
calculation of diluted income per ordinary share does not consider the effect of the warrants issued in connection with the (i) Initial
Public Offering, and (ii) the private placement, since the exercise of the warrants is contingent upon the occurrence of future events.
The warrants are exercisable to purchase 17,939,643 Class A ordinary shares in the aggregate. As of September 30, 2025 and 2024, the
Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares
and then share in the earnings of the Company. As a result, diluted net income per ordinary share is the same as basic net income per
ordinary share for the periods presented.

The
following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):

 SCHEDULE OF NET LOSS PER COMMON SHARE

    Class A Redeemable  
    Class A & Class B Non-Redeemable  
    Class A  
    Class B  
    Class A Redeemable  
    Class A & Class B Non-Redeemable  
     Class A  
    Class B 

    For the Three Months Ended
                                                                                September 30,  
    For the Nine Months Ended
                                                                                September 30, 

    2025  
    2024  
    2025  
    2024 

    Class A Redeemable  
    Class A & Class B Non-Redeemable  
    Class A  
    Class B  
    Class A Redeemable  
    Class A & Class B Non-Redeemable  
     Class A  
    Class B 
  
    Basic and diluted net income per ordinary share 

    Numerator: 

    Allocation of net income 
    $39,589  
    $116,