{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-020744","form_type":"8-K","ticker":"VMCAF","cik":"0001892747","company_name":"Valuence Merger Corp. I","filed_at":"2023-06-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.523242+00:00","generated_at":"2026-06-14T04:21:06.025301+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Valuence Merger Corp. I extends business combination deadline to Sep 3, 2023 via sponsor loans","bullets":["Shareholders approved extension of outside date from June 3, 2023 to Sep 3, 2023; board may extend up to Mar 3, 2025.","Sponsor VMCA Sponsor LLC issued a convertible promissory note of up to $613,208; Valuence Partners LP note up to $1,650,943.","On June 5, 2023, $420,000 drawn from notes and deposited into trust account for the three-month extension.","Notes are non-interest bearing, repayable upon business combination or liquidation; up to $1.5M may convert into warrants at $1.50 each.","After redemptions, 6,210,718 public shares remain; sponsor deposit of $0.084 per public share funded the extension."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-020744","json":"https://secwatch.observer/filing/0001493152-23-020744.json","markdown":"https://secwatch.observer/filing/0001493152-23-020744.md","text":"https://secwatch.observer/filing/0001493152-23-020744.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1892747/000149315223020744/0001493152-23-020744-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1892747/000149315223020744/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T04:21:06.025301+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bf863660ad6544a8b4e5de4aba88524a46a56e9d","claim":"Valuence Merger Corp. I entered into Notes with VMCA Sponsor, LLC and Valuence Partners LP valued at principal amount up to $613,207.55 to Sponsor and up to $1,650,943.40 to Valuence Partners (effective 2023-06-05).","evidence_excerpt":"on June 5, 2023, the Company issued a convertible promissory note to the Sponsor with a principal amount up to $613,207.55 and issued a convertible promissory note to Valuence Partners with a principal amount up to $1,650,943.40 (together, the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1892747/000149315223020744/0001493152-23-020744-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"VMCA Sponsor, LLC and Valuence Partners LP"},{"label":"Value","value":"principal amount up to $613,207.55 to Sponsor and up to $1,650,943.40 to Valuence Partners"},{"label":"Effective","value":"2023-06-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}