Material Event - Form 8-K

Item 8.01. Other Events

On May 3, 2024, Valuence Merger Corp. I (the "Company") caused to be deposited an additional $140,000 into the Company's trust account in connection with the approval by the Company's board of directors (the "Board") of an extension of the date by which the Company has to consummate an initial business combination by an additional month, from May 3, 2024 to June 3, 2024, the ninth of 18 potential one-month extensions available to the Company. As previously disclosed, the Company's Amended and Restated Memorandum and Articles of Association, as amended, provides the Company the right to extend such date up to eighteen times for an additional one month each time to up to March 3, 2025, by resolution of the Board.