VMCAU Shares, Warrants & Units Set for Nasdaq Delisting
Rhea-AI Filing Summary
Nasdaq Stock Market LLC has filed a Form 25 with the U.S. Securities and Exchange Commission to remove Valuence Merger Corp. I (symbol: VMCAU) securities from listing and registration under Section 12(b) of the Exchange Act.
- Securities affected: Class A Ordinary Shares, Warrants and Units.
- Date filed: 11 July 2025.
- Regulatory basis: Exchange cites Rule 12d2-2(b), confirming it has followed its own rules to strike the securities; the issuer may also rely on Rule 12d2-2(c) for voluntary withdrawal.
- Signatory: Aravind Menon, Hearings Advisor, on behalf of Nasdaq.
This notice means the company’s securities will no longer trade on Nasdaq once the delisting becomes effective, and the registration of the securities under Section 12(b) will be withdrawn.
Positive
- None.
Negative
- Nasdaq has filed Form 25 to delist all VMCAU securities, ending exchange trading and Section 12(b) registration, which generally hurts liquidity and investor accessibility.
Insights
TL;DR: Nasdaq has initiated formal delisting of VMCAU shares, warrants and units; negative liquidity and visibility implications.
The Form 25 filing is the final step in removing Valuence Merger Corp. I securities from Nasdaq. Once effective, trading on the exchange ceases and Section 12(b) registration is withdrawn. The filing cites Rule 12d2-2(b), indicating Nasdaq fulfilled its due-process requirements, and acknowledges the issuer’s option for voluntary withdrawal under subsection (c). For investors, delisting typically reduces liquidity, may shift trading to the OTC market, and signals elevated corporate or transactional change. No financial data or rationale is provided here, but the administrative action alone is materially negative for marketability of the securities.