Recent Updates — VMCUF
Valuence Merger Corp. I's board approved a one-month extension of the deadline to consummate an initial business combination from September 3, 2026, to October 3, 2026. This marks the fifth of ten available monthly extensions, pushing the final expiration date to March 3, 2027. To fund this extension, the company deposited $13,897.14 into its trust account. Valuence Merger Corp. I operates as a blank check company (SPAC) in the financial services industry.
On June 30, 2026, Valuence Merger Corp. I entered into a Mutual Note Termination Agreement and an Omnibus Note Exchange and Debt Conversion Agreement to restructure its related-party indebtedness. The company is terminating a $1.5 million convertible promissory note and canceling a fully drawn $300,000 note and $1.57 million in related-party advances. In exchange, the company issued three new interest-free convertible promissory notes to CPC I, CPC I Parallel, and NovoCG with total principal amounts of up to $6,000,000. Valuence Merger Corp. I is a blank-check company operating in the business combination sector.
Valuence Merger Corp. I's board of directors approved a one-month extension to the deadline for its initial business combination, moving the date from July 3, 2026, to August 3, 2026. This represents the third of 10 possible one-month extensions. An additional $13,897.14 was deposited into the trust account to facilitate this extension. Valuence Merger Corp. I is a blank check company operating in the financial services sector through its search for a business combination target.</div>