For the quarter ending 2026-03-31, VMCUF has $5,877,691 in assets. $13,310,724 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 2,521 | 1,481 | 43,136 | 92,661 |
| Prepaid expenses | 25,654 | 11,662 | 24,986 | 44,975 |
| Total current assets | 28,175 | 13,143 | 68,122 | 137,636 |
| Cash held in trust account | 5,849,516 | 23,218,530 | 22,985,208 | 22,713,372 |
| Total assets | 5,877,691 | 23,231,673 | 23,053,330 | 22,851,008 |
| Accrued expenses and accounts payable | 802,711 | 757,061 | 718,994 | 777,913 |
| Advance from related party | 1,838,384 | 1,653,384 | 1,553,460 | 1,448,460 |
| Working capital loans | 913,206 | 913,207 | 913,207 | 913,207 |
| Convertible note - related party | 1,650,943 | 1,650,941 | 1,650,941 | 1,650,941 |
| Total current liabilities | 5,205,244 | 4,974,593 | 4,836,602 | 4,790,521 |
| Deferred underwriting fees | 8,105,480 | 8,105,480 | 8,105,480 | 8,105,480 |
| Total liabilities | 13,310,724 | 13,080,073 | 12,942,082 | 12,896,001 |
| Common stock value-Common Class B | - | - | - | 0 |
| Class a ordinary shares subject to possible redemption, 0.0001 par value 463,238 and 1,867,402 shares at redemption value of 12.63 and 12.43 per share as of march 31, 2026 and december 31, 2025, respectively | 5,849,515 | 23,218,530 | 22,985,208 | 22,713,372 |
| Common stock, value | 550 | 550 | 550 | 550 |
| Additional paid-in capital | - | - | - | 0 |
| Accumulated deficit | -13,283,098 | -13,067,480 | -12,874,510 | -12,758,915 |
| Total shareholders deficit | -13,282,548 | -13,066,930 | -12,873,960 | -12,758,365 |
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit | 5,877,691 | 23,231,673 | 23,053,330 | 22,851,008 |
Valuence Merger Corp. I (VMCUF)
Valuence Merger Corp. I (VMCUF)