Valuence Merger Corp. I Files Routine 8-K for 'Other Event'
Ticker: VMCUF · Form: 8-K · Filed: Jan 4, 2024 · CIK: 1892747
| Field | Detail |
|---|---|
| Company | Valuence Merger Corp. I (VMCUF) |
| Form Type | 8-K |
| Filed Date | Jan 4, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $140,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: 8-K, compliance, administrative, SPAC
TL;DR
**VMCA filed a routine 8-K; no major news for traders.**
AI Summary
Valuence Merger Corp. I (VMCA) filed an 8-K on January 4, 2024, reporting an 'Other Event' that occurred on January 3, 2024. This filing is a routine administrative update, likely related to the company's ongoing operations as a Special Purpose Acquisition Company (SPAC). For investors, this filing indicates standard compliance and doesn't signal any immediate major corporate actions like an acquisition or merger, which are the primary drivers of SPAC stock value.
Why It Matters
This filing is a standard compliance update and does not contain new material information that would significantly impact the stock price or investment thesis for Valuence Merger Corp. I.
Risk Assessment
Risk Level: low — This 8-K is a standard administrative filing and does not introduce new risks or significant changes to the company's operations or financial standing.
Analyst Insight
Given this is a routine administrative filing with no material news, a smart investor would maintain their current position or continue to monitor for more significant corporate actions (like a definitive merger agreement) which are typical for a SPAC.
Key Numbers
- January 3, 2024 — Date of Earliest Event Reported (The specific date the 'Other Event' occurred, as reported in the filing.)
- 001-41304 — Commission File Number (The SEC's unique identifier for Valuence Merger Corp. I's filings.)
- (415) 340-0222 — Registrant's Telephone Number (The primary contact number for Valuence Merger Corp. I.)
Key Players & Entities
- Valuence Merger Corp. I (company) — the registrant filing the 8-K
- Cayman Islands (company) — jurisdiction of incorporation for Valuence Merger Corp. I
- 4 Orinda Way, Suite 100D, Orinda, CA 94563 (company) — business address of Valuence Merger Corp. I
- 001-41304 (dollar_amount) — Commission File Number for Valuence Merger Corp. I
- January 3, 2024 (dollar_amount) — date of the earliest event reported in the 8-K
FAQ
What is the purpose of this 8-K filing by Valuence Merger Corp. I?
This 8-K filing by Valuence Merger Corp. I is a 'Current Report' under Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically reporting an 'Other Event' that occurred on January 3, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 3, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is the state of incorporation for Valuence Merger Corp. I?
Valuence Merger Corp. I is incorporated in the Cayman Islands, as indicated in the filing under 'State or other jurisdiction of incorporation'.
What is the Commission File Number for Valuence Merger Corp. I?
The Commission File Number for Valuence Merger Corp. I is 001-41304, as listed in the filing.
Does this 8-K indicate any pre-commencement communications or soliciting material?
No, the filing explicitly checks 'Not Applicable' for written communications pursuant to Rule 425, soliciting material pursuant to Rule 14a-12, and pre-commencement communications pursuant to Rule 14d-2(b) or Rule 13e-4(c).
Filing Stats: 529 words · 2 min read · ~2 pages · Grade level 13.4 · Accepted 2024-01-04 16:12:18
Key Financial Figures
- $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemab
- $11.50 — ary share, each at an exercise price of $11.50 per share VMCAW Nasdaq Stock Marke
- $140,000 — ") caused to be deposited an additional $140,000 into the Company's trust account in con
Filing Documents
- form8-k.htm (8-K) — 43KB
- 0001493152-24-001087.txt ( ) — 264KB
- vmcau-20240103.xsd (EX-101.SCH) — 4KB
- vmcau-20240103_def.xml (EX-101.DEF) — 27KB
- vmcau-20240103_lab.xml (EX-101.LAB) — 37KB
- vmcau-20240103_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 7KB
From the Filing
UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): January 3, 2024 Valuence Merger Corp. I (Exact name of registrant as specified in its charter) Cayman Islands 001-41304 N/A (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 4 Orinda Way , Suite 100D Orinda , CA 94563 (Address of principal executive offices, including zip code) Registrant's telephone number, including area code: (415) 340-0222 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant VMCAU Nasdaq Stock Market LLC Class A ordinary shares, par value $0.0001 VMCA Nasdaq Stock Market LLC Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share VMCAW Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 8.01. Other Events On January 3, 2024, Valuence Merger Corp. I (the "Company") caused to be deposited an additional $140,000 into the Company's trust account in connection with the approval by the Company's board of directors (the "Board") of an extension of the date by which the Company has to consummate an initial business combination by an additional month, from January 3, 2024 to February 3, 2024, the fifth of 18 potential one-month extensions available to the Company. 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 up to eighteen times for an additional one month each time to up to March 3, 2025, by resolution of the Board. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VALUENCE MERGER CORP. I By: /s/ Sungwoo (Andrew) Hyung Name: Sungwoo (Andrew) Hyung Title: Chief Financial Officer and Director Dated: January 4, 2024