Company Description
Valuence Merger Corp. I (traded under the symbol VMCAF) is a special purpose acquisition company, often referred to as a SPAC. According to its SEC filings, the company is incorporated in the Cayman Islands and is identified in U.S. securities regulation by Commission File Number 001-41304. As a SPAC, its primary purpose is to consummate an initial business combination within a defined timeframe, as set out in its Amended and Restated Memorandum and Articles of Association.
The company maintains a trust account that holds funds related to its public offering. SEC reports describe how the board of directors can extend the deadline to complete an initial business combination by one-month increments, subject to depositing additional funds into this trust account for each extension. These extensions and deposits are documented through current reports on Form 8-K filed with the SEC.
Corporate structure and jurisdiction
Valuence Merger Corp. I is organized under the laws of the Cayman Islands. This jurisdiction is explicitly noted in its Form 8-K filings. The company’s regulatory disclosures are made in the United States through the SEC, reflecting its status as a publicly listed entity with reporting obligations under U.S. securities laws.
Business combination deadline extensions
Several Form 8-K filings describe board-approved extensions of the date by which Valuence Merger Corp. I must complete an initial business combination. Each extension covers an additional month and is accompanied by a specified cash deposit into the company’s trust account. The filings explain that the company has the right, by board resolution, to extend the deadline monthly up to a final date of March 3, 2026, with a total of 19 potential one-month extensions available under its governing documents.
For example, Form 8-K reports detail extensions from October 3, 2025 to November 3, 2025, from November 3, 2025 to December 3, 2025, from December 3, 2025 to January 3, 2026, and from January 3, 2026 to February 3, 2026. Each of these extensions is described as the fifteenth, sixteenth, seventeenth, and eighteenth of the 19 possible monthly extensions, respectively, and each is tied to a deposit into the trust account in the same dollar amount.
Reporting and disclosure
Valuence Merger Corp. I uses Form 8-K to disclose material events related to its extension decisions and trust account funding. These filings outline the board’s resolutions, the new deadline for completing an initial business combination, the number of the extension within the allowed series of 19, and the amount deposited into the trust account. The company’s Amended and Restated Memorandum and Articles of Association, as amended, are cited in the filings as the basis for the extension mechanism.
Investors and analysts who follow SPACs may review these disclosures to understand how much time remains for Valuence Merger Corp. I to identify and complete a business combination and how the trust account is being funded over the extension period. The filings provide official confirmation of each extension and the associated cash contribution.
Location of principal executive offices
The Form 8-K filings list the location of the company’s principal executive offices in Orinda, California, in the United States. This indicates that while Valuence Merger Corp. I is incorporated in the Cayman Islands, its executive offices are based in California.
Stock and regulatory status
Valuence Merger Corp. I is subject to SEC reporting requirements, as evidenced by its recurring Form 8-K submissions. The symbol VMCAF is associated with the company in market data sources. The available filings focus on extensions of the business combination deadline and related trust account deposits; they do not state that the company has completed a business combination or undergone a merger, liquidation, or delisting event within the provided documents.
Key characteristics as a SPAC
Based on its SEC disclosures, Valuence Merger Corp. I can be characterized by the following features:
- Incorporated in the Cayman Islands.
- Public reporting company with Commission File Number 001-41304.
- Operates as a special purpose acquisition company with a defined period to complete an initial business combination.
- Maintains a trust account funded in connection with its extensions.
- Board-authorized monthly extensions of the business combination deadline, up to a final date of March 3, 2026, as allowed by its governing documents.
- Principal executive offices located in Orinda, California.
Investor considerations based on filings
The Form 8-K filings for Valuence Merger Corp. I primarily address timing and funding aspects of the SPAC’s lifecycle. They show how the company exercises its right to extend the deadline for completing a business combination and how each extension is accompanied by a specific cash deposit into the trust account. These details may be relevant for investors evaluating the remaining time available for a potential transaction and the structure of the trust account over the extension period.
Stock Performance
Valuence Merger I (VMCAF) stock last traded at $13.00. Over the past 12 months, the stock has gained 10.6%. At a market capitalization of $95.8M, VMCAF is classified as a micro-cap stock with approximately 6.0M shares outstanding.
Latest News
SEC Filings
Valuence Merger I has filed 5 recent SEC filings, including 2 Form 8-K, 1 Form 10-K, 1 Form DEF 14A, 1 Form PRE 14A. The most recent filing was submitted on March 31, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all VMCAF SEC filings →
Financial Highlights
operating income reached -$423K, and net income was $280K. Diluted earnings per share stood at $0.04. The company generated -$396K in operating cash flow. With a current ratio of 0.00, short-term liquidity bears monitoring.
Upcoming Events
Short Interest History
Short interest in Valuence Merger I (VMCAF) currently stands at 343 shares, down 69.5% from the previous reporting period, representing 0.1% of the float. Over the past 12 months, short interest has increased by 47.8%. This relatively low short interest suggests limited bearish sentiment. With 343.0 days to cover, it would take significant time for short sellers to close their positions based on average trading volume.
Days to Cover History
Days to cover for Valuence Merger I (VMCAF) currently stands at 343.0 days, up 14813% from the previous period. This elevated days-to-cover ratio indicates it would take over two weeks of average trading volume for short sellers to exit their positions, suggesting potential for a short squeeze if positive news emerges. The days to cover has increased 34200% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 1000.0 days.
VMCAF Company Profile & Sector Positioning
Valuence Merger I (VMCAF) operates in the Shell Companies industry within the broader Financial Services sector and is listed on the OTC Link.