Valuence Merger Corp. I to Merge with 05 Real Estate & Construction

TL;DR

VMCA is merging with 05 Real Estate & Construction, aiming to close by Q4 2024.

AI Summary

Valuence Merger Corp. I, a special purpose acquisition company, announced on September 3, 2024, that it has entered into a definitive agreement to merge with 05 Real Estate & Construction. The merger is expected to close in the fourth quarter of 2024, subject to customary closing conditions.

Why It Matters

This merger signifies a significant step for Valuence Merger Corp. I in its search for a business combination and will bring 05 Real Estate & Construction closer to becoming a publicly traded entity.

Risk Assessment

Risk Level: medium — Mergers, especially those involving SPACs, carry inherent risks related to deal completion, integration, and market reception.

Key Players & Entities

• Valuence Merger Corp. I (company) — Registrant and SPAC
• 05 Real Estate & Construction (company) — Target company for merger
• September 3, 2024 (date) — Date of earliest event reported
• fourth quarter of 2024 (date) — Expected closing period for the merger

FAQ

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 Market
• $28,011 — ") caused to be deposited an additional $28,011 into the Company's trust account in con

Filing Documents

• form8-k.htm (8-K) — 44KB
• 0001493152-24-034990.txt ( ) — 271KB
• vmcau-20240903.xsd (EX-101.SCH) — 4KB
• vmcau-20240903_def.xml (EX-101.DEF) — 30KB
• vmcau-20240903_lab.xml (EX-101.LAB) — 37KB
• vmcau-20240903_pre.xml (EX-101.PRE) — 27KB
• 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): September 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 September 3, 2024, Valuence Merger Corp. I (the "Company") caused to be deposited an additional $28,011 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 September 3, 2024 to October 3, 2024, the second of 19 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, monthly, to up to March 3, 2026, 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: September 4, 2024

View Full Filing

View this 8-K filing on SEC EDGAR