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Corporate ActionMay 4, 2026, 04:07 PM

Valuence Merger Corp. I Extends Business Combination Deadline to June 3

AI Summary

Valuence Merger Corp. I's Board of Directors approved a one-month extension for its initial business combination deadline, moving it from May 3, 2026, to June 3, 2026. This is the first of 10 potential one-month extensions available to the company, which can extend the deadline up to March 3, 2027. In connection with this extension, the company deposited an additional $13,897.14 into its trust account.

Key Highlights

  • Valuence Merger Corp. I's Board approved a one-month extension for its initial business combination deadline.
  • The new deadline for consummating a business combination is June 3, 2026.
  • The previous deadline was May 3, 2026.
  • This is the first of 10 potential one-month extensions available to the company.
  • The company can extend the deadline monthly up to March 3, 2027.
  • An additional $13,897.14 was deposited into the company's trust account.