11/04/2024 | Press release | Distributed by Public on 11/04/2024 15:16
Item 8.01. Other Events
On November 3, 2024, the board of directors of Valuence Merger Corp. I (the "Company") approved an extension of the date by which the Company has to consummate an initial business combination by an additional month, from November 3, 2024 to December 3, 2024, the fourth 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.