VMCAF on OTC

Valuence Merger Corp. I

Blank check company in the Cayman Islands, incorporated in the Cayman Islands. Summary from the record

Price unavailable

Last updated Oct 19, 2026.

Overview

$280.3KNet income, fiscal 2025²

Compare with another stock.

TickerVMCAF on OTC¹
IndustryBlank Checks¹
HeadquartersOrinda, California¹
Incorporated inCayman Islands³
Business address4 Orinda Way, Suite 100D, Orinda, Ca 94563³
Filer category, Emerging growth company³

See how the biggest companies compare on our leaderboards

Class B ordinary shares were forfeited, resulting in the Sponsor and Valuence Partners LP holding an aggregate of 5,502,490 Founder Shares.⁴ From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Operating income⁵⁶²-$423.5K in 2025−84% since 2022

Net income⁵⁶²$280.3K in 2025−56% since 2022

Every line of the income statement as filed: the last 2 fiscal years, latest first.²

Period ending	2025-12-31	2024-12-31
General and administrative expenses	$595.4K	$1.1M
Recoveries of previously incurred costs	-$171.9K	-$1.6M
(Loss) Income from operations	-$423.5K	$482.5K
Interest earned on cash and investments held in Trust Account	$703.8K	$1.9M
Total other income	$703.8K	$1.9M
Net income	$280.3K	$2.4M

Total assets¹⁰⁵⁶²$23.2M in 2025+3556% since 2021

Total liabilities¹⁰⁵⁶²$13.1M in 2025+2008% since 2021

Shareholders’ equity⁵²-$13.1M in 2025+86608% since 2021

Cash¹⁰⁵$684.8K in 2023+283% since 2021

Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.²

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash	$1.5K	$61.0K
Prepaid expenses	$11.7K	$48.5K
Total current assets	$13.1K	$109.5K
Cash held in Trust Account	$23.2M	$22.2M
TOTAL ASSETS	$23.2M	$22.3M
Accrued expenses and accounts payable	$757.1K	$766.8K
Working capital loans	$913.2K	$913.2K
Total current liabilities	$5.0M	$4.3M
Deferred underwriting fees	$8.1M	$8.1M
TOTAL LIABILITIES	$13.1M	$12.4M
Class A ordinary shares subject to possible redemption, $0.0001 par value; 1,867,402 shares at redemption value of $12.43 and $11.89 per share as of December 31, 2025 and 2024, respectively	$23.2M	$22.2M	$69.3M
Accumulated deficit	-$13.1M	-$12.3M
TOTAL SHAREHOLDERS DEFICIT	-$13.1M	-$12.3M	-$11.9M
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS DEFICIT	$23.2M	$22.3M
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	1.0M shares	1.0M shares
Preferred stock, shares issued	0 shares	0 shares
Preferred stock, shares outstanding	0 shares	0 shares

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash	$1.5K	$61.0K
Prepaid expenses	$11.7K	$48.5K
Total current assets	$13.1K	$109.5K
Cash held in Trust Account	$23.2M	$22.2M
TOTAL ASSETS	$23.2M	$22.3M
Accrued expenses and accounts payable	$757.1K	$766.8K
Working capital loans	$913.2K	$913.2K
Total current liabilities	$5.0M	$4.3M
Deferred underwriting fees	$8.1M	$8.1M
TOTAL LIABILITIES	$13.1M	$12.4M
Class A ordinary shares subject to possible redemption, $0.0001 par value; 1,867,402 shares at redemption value of $12.43 and $11.89 per share as of December 31, 2025 and 2024, respectively	$23.2M	$22.2M	$69.3M
Accumulated deficit	-$13.1M	-$12.3M
TOTAL SHAREHOLDERS DEFICIT	-$13.1M	-$12.3M	-$11.9M
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, AND SHAREHOLDERS DEFICIT	$23.2M	$22.3M
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	1.0M shares	1.0M shares
Preferred stock, shares issued	0 shares	0 shares
Preferred stock, shares outstanding	0 shares	0 shares

Cash from operations⁵⁶²-$396.4K in 2025−66% since 2022

Share buybacks⁶²$49.9M in 2024−70% since 2023

Every line of the cash flow as filed: the last 2 fiscal years, latest first.²

Period ending	2025-12-31	2024-12-31
Net income	$280.3K	$2.4M
Interest earned on cash and investments held in Trust Account	-$703.8K	-$1.9M
Prepaid expenses	$36.8K	$29.6K
Accrued expenses and accounts payable	-$9.8K	-$1.5M
Net cash used in operating activities	-$396.4K	-$949.7K
Investment of cash into Trust Account	-$308.1K	-$784.1K
Cash withdrawn from Trust Account in connection with redemption		$49.9M
Net cash (used in) provided by investing activities	-$308.1K	$49.1M
Proceeds from convertible promissory note - related party		$300.0K
Advance from related party	$645.0K	$810.0K
Redemption of ordinary shares		-$49.9M
Net cash provided by (used in) financing activities	$645.0K	-$48.8M
Net Change in Cash	-$59.6K	-$623.8K

Compare Valuence Merger Corp. I with another company

Leadership

Who has led Valuence Merger Corp. I, and when. Pick a name to see everywhere that person has worked.

2025

Chief executive officerSung Yoon Woo Feb 28, 2022 to Feb 28, 2022¹²
PresidentSungsik (sung) Lee Feb 28, 2022 to Feb 28, 2022¹³
Chief financial officerSungwoo Andrew Hyung Mar 10, 2022 to Mar 10, 2022¹⁴
Chief operating officerGene Young Cho Feb 28, 2022 to Feb 28, 2022¹⁵

Board members and other officers (6)

Board memberGary Kent Wunderlich Jr. Feb 28, 2022 to Feb 28, 2022¹⁶
Board memberNelson Gentiletti Feb 28, 2022 to Feb 28, 2022¹⁷
Board memberSung Yoon Woo Feb 28, 2022 to Feb 28, 2022¹²
Board memberJoong Myung Cho Mar 2, 2022 to Mar 2, 2022¹⁸
Board memberYoung Min Kim Mar 8, 2022 to Mar 8, 2022¹⁹
Board memberSungwoo Andrew Hyung Mar 10, 2022 to Mar 10, 2022¹⁴

Timeline

Feb 28, 2022New chief executive Sung Yoon Woo becomes CEO¹²

Filings

147 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 49 major events, 13 insider forms, 32 large holders, 33 other. The latest 20:

Oct 5, 20268-K EDGAR
Sep 4, 20268-K EDGAR
Aug 14, 202610-Q EDGAR
Aug 4, 20268-K EDGAR
Jul 7, 20268-K EDGAR
Jul 6, 20268-K EDGAR
Jun 4, 20268-K EDGAR
May 19, 20268-K EDGAR
May 15, 202610-Q EDGAR
May 4, 20268-K EDGAR
Mar 31, 202610-K EDGAR
Mar 3, 20268-K EDGAR
Feb 10, 2026DEF 14A EDGAR
Feb 4, 20268-K EDGAR
Jan 30, 2026PRE 14A EDGAR
Jan 5, 20268-K EDGAR
Dec 4, 20258-K EDGAR
Nov 14, 202510-Q EDGAR
Nov 4, 20258-K EDGAR
Oct 7, 20258-K EDGAR

The 147 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

METEORA CAPITAL, LLCSCHEDULE 13G/A, 2 filings Feb 14, 2025 to May 15, 2025²⁰
Walleye Capital LLCSCHEDULE 13G/A, 3 filings Feb 14, 2024 to Feb 6, 2025²¹
First Trust Capital Management L.P.SC 13G/A, 2 filings Feb 14, 2024 to Nov 14, 2024²²
Westchester Capital Management, LLCSC 13G/A, 2 filings Feb 14, 2024 to Nov 14, 2024²³
PERISCOPE CAPITAL INC.SC 13G/A, 2 filings Feb 9, 2024 to Nov 13, 2024²⁴
Hudson Bay Capital Management LPSC 13G/A, 2 filings Feb 6, 2024 to Nov 8, 2024²⁵
GLAZER CAPITAL, LLCSC 13G/A, 3 filings Jul 10, 2023 to Sep 10, 2024²⁶
Radcliffe Capital Management, L.P.SC 13G/A, 2 filings Jun 5, 2023 to Jun 28, 2024²⁷
WOLVERINE ASSET MANAGEMENT LLCSC 13G/A, 2 filings Feb 8, 2024 to Jun 18, 2024²⁸
SPRING CREEK CAPITAL LLCSC 13G, 1 filing Feb 9, 2024²⁹
Saba Capital Management, L.P.SC 13G/A, 2 filings Mar 11, 2022 to Feb 9, 2024³⁰
HIGHBRIDGE CAPITAL MANAGEMENT LLCSC 13G/A, 2 filings Feb 2, 2023 to Feb 7, 2024³¹
Apollo Management Holdings GP, LLCSC 13G/A, 3 filings Mar 11, 2022 to Feb 6, 2024³²
VMCA Sponsor, LLCSC 13G, 1 filing Feb 23, 2023³³
Space Summit Capital LLCSC 13G/A, 2 filings Mar 4, 2022 to Feb 8, 2023³⁴
BarclaysSC 13G, 1 filing Jan 30, 2023³⁵

Sources

The numbers on this page point here. Each one links to the record it came from.

1
SEC EDGARValuence Merger Corp. I filings on SEC EDGAR
2
SEC EDGARValuence Merger Corp. I 10-K for fiscal 2025
3
SEC EDGARValuence Merger Corp. I filings on SEC EDGAR
4
SEC EDGARValuence Merger Corp. I annual report, Item 1 (Business)
5
SEC EDGARValuence Merger Corp. I 10-K for fiscal 2022
6
SEC EDGARValuence Merger Corp. I 10-K for fiscal 2023
7
SEC EDGARValuence Merger Corp. I 10-Q for fiscal 2025
8
SEC EDGARValuence Merger Corp. I 10-Q for fiscal 2025
9
SEC EDGARValuence Merger Corp. I 10-Q for fiscal 2026
10
SEC EDGARValuence Merger Corp. I 10-K for fiscal 2021
11
SEC EDGARValuence Merger Corp. I 10-Q for fiscal 2025
12
SEC EDGARSung Yoon Woo, Chief executive officer
13
SEC EDGARSungsik (sung) Lee, President
14
SEC EDGARSungwoo Andrew Hyung, Chief financial officer
15
SEC EDGARGene Young Cho, Chief operating officer
16
SEC EDGARGary Kent Wunderlich Jr., Board member
17
SEC EDGARNelson Gentiletti, Board member
18
SEC EDGARJoong Myung Cho, Board member
19
SEC EDGARYoung Min Kim, Board member
20
SEC EDGARMETEORA CAPITAL, LLC SCHEDULE 13G/A on Valuence Merger Corp. I
21
SEC EDGARWalleye Capital LLC SCHEDULE 13G/A on Valuence Merger Corp. I
22
SEC EDGARFirst Trust Capital Management L.P. SC 13G/A on Valuence Merger Corp. I
23
SEC EDGARWestchester Capital Management, LLC SC 13G/A on Valuence Merger Corp. I
24
SEC EDGARPERISCOPE CAPITAL INC. SC 13G/A on Valuence Merger Corp. I
25
SEC EDGARHudson Bay Capital Management LP SC 13G/A on Valuence Merger Corp. I
26
SEC EDGARGLAZER CAPITAL, LLC SC 13G/A on Valuence Merger Corp. I
27
SEC EDGARRadcliffe Capital Management, L.P. SC 13G/A on Valuence Merger Corp. I
28
SEC EDGARWOLVERINE ASSET MANAGEMENT LLC SC 13G/A on Valuence Merger Corp. I
29
SEC EDGARSPRING CREEK CAPITAL LLC SC 13G on Valuence Merger Corp. I
30
SEC EDGARSaba Capital Management, L.P. SC 13G/A on Valuence Merger Corp. I
31
SEC EDGARHIGHBRIDGE CAPITAL MANAGEMENT LLC SC 13G/A on Valuence Merger Corp. I
32
SEC EDGARApollo Management Holdings GP, LLC SC 13G/A on Valuence Merger Corp. I
33
SEC EDGARVMCA Sponsor, LLC SC 13G on Valuence Merger Corp. I
34
SEC EDGARSpace Summit Capital LLC SC 13G/A on Valuence Merger Corp. I
35
SEC EDGARBarclays SC 13G on Valuence Merger Corp. I

Overview

Financials

Financial statements

Leadership

Chief executive

President

Chief financial officer

Chief operating officer

Timeline

Filings

Major holders

Sources