Valuence Merger CORP I
Market Movers (8-K)
Valuence Merger Corp. I has entered into agreements to terminate existing notes and restructure related-party advances by issuing new convertible promissory notes.
Capital raise
Valuence Merger Corp. I has extended its deadline to complete an initial business combination by one month, moving it to August 3, 2026, and deposited additional funds into its trust account.
Delay expected
Valuence Merger Corp. I announced an extension of its initial business combination deadline to July 3, 2026, and deposited an additional $13,897.14 into its trust account.
Delay expected
Zhe Zhang has resigned from the Board of Directors and audit committee of Valuence Merger Corp. I, effective May 18, 2026, with no stated disputes.
Valuence Merger Corp. I's board has approved a one-month extension for its initial business combination, moving the deadline to June 3, 2026, and deposited additional funds into its trust account.
Delay expected
Valuence Merger Corp. I shareholders approved an extension to the business combination deadline until May 3, 2026, supported by a $1.5 million convertible note from its sponsor.
Capital raise
Delay expected
Quarterly Earnings (10-Q)
Valuence Merger Corp. I reports a working capital deficit and substantial doubt about its ability to continue as a going concern, following its delisting from Nasdaq and repeated extensions to find a business combination.
Worse than expected
Delay expected
Capital raise
Valuence Merger Corp. I reports significant redemptions, Nasdaq delisting, and raises substantial doubt about its ability to continue as a going concern as it seeks a business combination.
Delay expected
Worse than expected
Capital raise
Valuence Merger Corp. I reports a net income of $24,976 for the first quarter of 2025, while navigating delisting from Nasdaq and extending its business combination deadline.
Delay expected
Worse than expected
Capital raise
Valuence Merger Corp. I reported a net income of $792,407 for the nine months ended September 30, 2024, while extending its business combination deadline to March 3, 2026.
Worse than expected
Delay expected
Capital raise
Valuence Merger Corp. I reported a net income of $757,373 for the six months ended June 30, 2024, while also extending its business combination deadline to March 3, 2026.
Worse than expected
Delay expected
Capital raise
Valuence Merger Corp. I reported a net income of $588,681 for the first quarter of 2024, while continuing its efforts to secure a business combination and extending its operational timeline.
Worse than expected
Delay expected
Capital raise
Annual Reports (10-K)
Valuence Merger Corp. I, a SPAC, faces substantial doubt about its ability to continue as a going concern after Nasdaq delisted its securities and significant shareholder redemptions reduced its trust account balance.
Worse than expected
Capital raise
Delay expected
Valuence Merger Corp. I reports its annual results on Form 10-K, highlighting its ongoing efforts to find a suitable business combination target amidst challenges including a Nasdaq delisting and limited operational runway.
Capital raise
Worse than expected
10-K: Valuence Merger Corp. I Files 10-K, Details Financials and Ongoing Search for Business Combination
Valuence Merger Corp. I has filed its annual report on Form 10-K, outlining its financial status and ongoing efforts to identify a suitable business combination target.
Worse than expected
Delay expected
Capital raise
Insider Trading (Form 4)
Form 4: Valuence Merger Corp. I: Sponsor Converts Class B Shares to Class A, Corrects Previous Filing Error
VMCA Sponsor, LLC converts Class B ordinary shares into Class A ordinary shares and corrects a previously reported error in share ownership.
Proxy Statements (Def-14A)
Valuence Merger Corp. I is seeking shareholder approval to extend its deadline to complete a business combination until March 3, 2027, requiring further sponsor contributions.
Worse than expected
Capital raise
Delay expected
Valuence Merger Corp. I adjourns its shareholder meeting to extend the deadline for a business combination and enters into a non-redemption agreement to maintain trust account funds.
Delay expected
Valuence Merger Corp. I has adjourned its extraordinary general meeting to June 3, 2024, to seek shareholder approval for an extension to complete an initial business combination.
Delay expected
Valuence Merger Corp. I issues a supplement to its proxy statement to correct a scrivener's error regarding the maximum possible length of the New Extension, extending the potential deadline from 42 to 48 months post-IPO.
Valuence Merger Corp. I is seeking shareholder approval to extend the deadline for completing a business combination and to reduce the monthly deposits required from its sponsor to maintain the trust account.
Delay expected
Schedule 13G - Passive Investments
SCHEDULE 13G/A: Meteora Capital and Vik Mittal Disclose Passive 3.90% Stake in Valuence Merger Corp. I
Meteora Capital, LLC and its managing member Vik Mittal have filed an amended Schedule 13G, disclosing a passive beneficial ownership of 3.90% in Valuence Merger Corp. I's Class A ordinary shares as of March 31, 2025.
Meteora Capital, LLC and its managing member Vik Mittal have disclosed a 5.23% beneficial ownership stake in Valuence Merger Corp. I's Class A ordinary shares.
Walleye Capital LLC has filed an amended Schedule 13G, reporting that it no longer beneficially owns any Class A ordinary shares of Valuence Merger Corp. I as of December 31, 2024.