| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 43,136 | 92,661 | ||
| Prepaid expenses | 24,986 | 44,975 | ||
| Total current assets | 68,122 | 137,636 | ||
| Cash held in trust account | 22,985,208 | 22,713,372 | ||
| Total assets | 23,053,330 | 22,851,008 | ||
| Accrued expenses and accounts payable | 718,994 | 777,913 | ||
| Advance from related party-Related Party | 1,553,460 | 1,448,460 | ||
| Working capital loans | 913,207 | 913,207 | ||
| Convertible note - related party-Related Party | 1,650,941 | 1,650,941 | ||
| Total current liabilities | 4,836,602 | 4,790,521 | ||
| Deferred underwriting fees | 8,105,480 | 8,105,480 | ||
| Total liabilities | 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 1,867,402 shares at redemption value of 12.31 and 11.89 per share as of september 30, 2025 and december 31, 2024, respectively | 22,985,208 | 22,713,372 | ||
| Common stock value-Common Class A | 550 | 550 | ||
| Additional paid-in capital | - | 0 | ||
| Accumulated deficit | -12,874,510 | -12,758,915 | ||
| Total shareholders deficit | -12,873,960 | -12,758,365 | ||
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit | 23,053,330 | 22,851,008 | ||
Valuence Merger Corp. I (VMCUF)
Valuence Merger Corp. I (VMCUF)