secwatch / observer

Valuence Merger Corp. I — fact timeline

Source-grounded facts extracted from Valuence Merger Corp. I's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

VMCAF Valuence Merger Corp. I JSON

Zhe Zhang resigned as Director at Valuence Merger Corp. I.

“On May 18, 2026, Zhe Zhang, a member of the Board of Directors (the “Board”) and the audit committee of Valuence Merger Corp. I (the “Company”), resigned from the Board, effective immediately.”
Governance Changes

Valuence Merger Corp. I: Amended Articles to extend business combination deadline from March 3, 2026 to May 3, 2026, with option for further monthly extensions by board resolution (effective 2026-02-27).

“At the Meeting, the Company’s shareholders approved a proposal (the “Extension Amendment Proposal”) to amend the Company’s Amended and Restated Memorandum and Articles of Association (the “Articles”) to extend the date by which the Company must consummate a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination from March 3, 2026 for an initial two month period to May 3, 2026 and to permit the Company, without another shareholder vote, by resolution of the Company’s board of directors (“Board”), to elect to further extend the Deadline Date up to ten (10) additional times for an additional one (1) month each time”
Debt Financings

Valuence Merger Corp. I incurred convertible notes of $1,500,000 with VMCA Sponsor, LLC at bears no interest maturing upon the earlier of (a) the date of the consummation of the Company's initial business combination or (b) the date of the Company's liquidation.

“On February 27, 2026, Valuence Merger Corp. I (the "Company") issued a convertible promissory note to VMCA Sponsor, LLC, the Company’s sponsor ("Sponsor"), in the principal amount of $1,500,000 (the "Note").”
Material Agreements

Valuence Merger Corp. I entered into Note with VMCA Sponsor, LLC valued at $1,500,000 (effective 2026-02-27).

“On February 27, 2026, Valuence Merger Corp. I (the “Company”) issued a convertible promissory note to VMCA Sponsor, LLC, the Company’s sponsor (“Sponsor”), in the principal amount of $1,500,000 (the “Note”).”
Listing & Compliance Notices

Valuence Merger Corp. I received a nasdaq delisting notice notice regarding market value (rules 5452(b)(C)).

“May 10, 2024, the Company received a written notice (the “Notice”) from Nasdaq stating that the Company had not regained compliance with Listing Rule 5452(b)(C) and that Nasdaq had determined to commence proceedings to delist the Company’s warrants from the Nasdaq Global Market. Unless the Company requests a hearing to appeal this determination or submits an application to transfer the listing of its warrants from the Nasdaq Global Market to the Nasdaq Capital Market by 4:00 p.m. Eastern Time on May 17, 2024, trading in the warrants will be suspended at the opening of business on May 21, 2024.”

Nelson Gentiletti resigned as Director and Chair of Audit Committee at Valuence Merger Corp. I.

“On April 8, 2024, Nelson Gentiletti, a member of the Board of Directors (the “Board”) and chair of the audit committee (the “Audit Committee”) of Valuence Merger Corp. I (the “Company”), resigned from the Board, effective immediately.”
Material Agreements

Valuence Merger Corp. I amended Amendment No. 1 with Continental Stock Transfer & Trust Company (effective 2023-03-01).

“On March 1, 2023, Valuence Merger Corp. I (the “Company”) entered into Amendment No. 1 (the “Amendment”) to the Investment Management Trust Agreement (the “IMTA”) with Continental Stock Transfer & Trust Company, as trustee (the “Trustee”).”
Listing & Compliance Notices

Valuence Merger Corp. I received a nasdaq deficiency notice notice regarding market value (rules 5452(b)(C)).

“June 14, 2023, Valuence Merger Corp. I (the “Company”), received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that since the Company’s aggregate market value of its outstanding warrants was less than $1 million, the Company was no longer in compliance with the Nasdaq Global Market continued listing criteria set forth in Listing Rule 5452(b)(C), which requires the Company to maintain an aggregate market value of its outstanding warrants of at least $1 million (the “Notice”). The Notice additionally indicates that the Company, pursu”
Material Agreements

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).

“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”).”
Governance Changes

Valuence Merger Corp. I: Amended articles to provide for the right of holders of Class B ordinary shares to convert such shares into Class A ordinary shares on a one-for-one basis at any time prior to the closing of a business combination at the election of the holder (effective 2023-05-25).

“The Company’s shareholders also approved a proposal (the “Founder Share Amendment Proposal”) to provide for the right of a holder of the Company’s Class B ordinary shares, par value $0.0001 per share, to convert such shares into Class A ordinary shares, par value $0.0001 per share, on a one-for-one basis at any time and from time to time prior to the closing of a business combination at the election of the holder.”
Governance Changes

Valuence Merger Corp. I: Amended articles to eliminate the limitation that the Company may not redeem public shares in an amount that would cause net tangible assets to be less than $5,000,001 and the limitation that the Company shall not consummate a business combination unless net tangible assets are at least $5,000,001 (effective 2023-05-25).

“The Company’s shareholders also approved a proposal (the “Redemption Limitation Amendment Proposal”) to amend the Articles to eliminate (i) the limitation that the Company may not redeem public shares in an amount that would cause the Company’s net tangible assets to be less than $5,000,001 and (ii) the limitation that the Company shall not consummate a business combination unless the Company has net tangible assets of at least $5,000,001 immediately prior to, or upon consummation of, or any greater net tangible asset or cash requirement that may be contained in the agreement relating to, such business combination.”
Governance Changes

Valuence Merger Corp. I: Amended articles to extend outside date from June 3, 2023 to September 3, 2023, with ability to further extend in one-month increments up to March 3, 2025 (effective 2023-05-25).

“the Company’s shareholders approved a proposal to amend the Company’s amended and restated memorandum and articles of association (the “Articles”) to provide the Company with the right to extend the date by which the Company must consummate its initial business combination (the “Extension”), from June 3, 2023 (the “Current Outside Date”) to September 3, 2023 (the “Extended Date”), and to allow the Company, without another shareholder vote, by resolution of the board of directors of the Company, to elect to further extend the Extended Date in one-month increments up to eighteen (18) additional times, or a total of up to twenty-one (21) months after the Current Outside Date, until up to March 3, 2025 (each, an “Additional Extended Date”) (the “Extension,” and such proposal, the “Extension Proposal”).”
Shareholder Votes

Valuence Merger Corp. I shareholders approved Amend the Articles to provide for the right of Class B ordinary shareholders to convert shares into Class A ordinary shares on a one-for-one basis at any time prior to the closing of a business combination. at the 2023-05-25 meeting.

“Approval of Proposal 3-Founder Share Amendment Proposal Votes For Votes Against Abstentions 20,451,346 2,788,958 0”
Shareholder Votes

Valuence Merger Corp. I shareholders approved Amend the Articles to eliminate the limitation that the Company may not redeem public shares in an amount that would cause net tangible assets to be less than $5,000,001 and the limitation that the Company shall not consummate a business combination unless net tangible assets are at least $5,000,001 at the 2023-05-25 meeting.

“Approval of Proposal 2-Redemption Limitation Amendment Proposal Votes For Votes Against Abstentions 20,451,346 2,788,958 0”
Shareholder Votes

Valuence Merger Corp. I shareholders approved Amend the Articles to extend the date by which the Company must consummate its initial business combination from June 3, 2023 to September 3, 2023, and to allow further extensions by board resolution up to March 3, 2025. at the 2023-05-25 meeting.

“Approval of Proposal 1-Extension Proposal Votes For Votes Against Abstentions 16,803,785 6,436,519 0”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.