Here are the 10-Q quarterly reports from Valuence Merger Corp. I Unit (VMCAU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow VMCAU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VMCAU filings page.
Valuence Merger Corp. I is a Cayman Islands blank check company formed to complete a Business Combination, targeting Asian life sciences or sustainable technology businesses. The company has not commenced operations and derives non-operating income from interest on proceeds held in a trust.
At June 30, 2025 the company reported $22.713 million in a Trust Account and $92,661 in cash, total assets of $22.851 million, total liabilities of $12.896 million and a shareholders’ deficit of $(12.758) million. Working capital deficit was $4.652885 million. Interest earned on the Trust Account materially contributed to reported net income of $58,716 for the quarter and $83,692 for the six months, while deferred underwriting fees of $8.10548 million and Class A shares subject to redemption of $22.713 million represent significant obligations. The company received a Nasdaq listing-notice and trading was suspended, with trading subsequently moving to the over-the-counter market, and management disclosed substantial doubt about the company’s ability to continue as a going concern absent a Business Combination or further sponsor/related-party support.