secwatch.observer — SEC 8-K summary
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Issuer:     Valuence Merger Corp. I (VMCAF)
CIK:        0001892747
Form:       8-K
Filed at:   2022-03-08T23:59:59+00:00
Accession:  0001493152-22-006307
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valuence Merger Corp. I prices $200M IPO at $10/unit; lists on Nasdaq
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- Sold 20M units at $10/unit; total gross proceeds $200M; each unit = 1 Class A share + 1/2 redeemable warrant.
- Over-allotment option of up to 3M additional units (45-day).
- Units to trade on Nasdaq under 'VMCAU'; shares 'VMCA'; warrants 'VMCAW'.
- Simultaneously completed private sale of 6.93M private placement warrants for $10.4M to sponsor.
- Proceeds placed in trust account: ~$226.7M from IPO and private placement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892747/000149315222006307/0001493152-22-006307-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892747/000149315222006307/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-006307

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer