Correspondence 0001493152-23-014750 from Valuence Merger Corp. I (VMCA, VMCAU, VMCAW) (CIK 0001892747) (VMCAF)
Valuence Merger Corp. I (VMCA, VMCAU, VMCAW) (CIK 0001892747)
Date: April 28, 2023 · CIK: 0001892747 · Accession: 0001493152-23-014750
AI Filing Summary & Sentiment
File numbers found in text: 001-41304
Letter
Re: Valuence Merger Corp. I
April 28, 2023
VIA EDGAR
United States Securities and Exchange Commission
Division of Corporation Finance
Office of Real Estate & Construction
F Street, NE
Washington, D.C. 20549
Preliminary Proxy Statement on Schedule 14A
Filed April 20, 2023
File No. 001-41304
Ladies and Gentlemen:
This letter is submitted on behalf of our client, Valuence Merger Corp. I, a Cayman Islands exempted company (the “Company”), in response to the oral comment received from the staff (the “Staff”) of the Division of Corporation Finance of the United States Securities and Exchange Commission (the “Commission”) on April 28, 2023, with respect to the above-referenced Preliminary Proxy Statement on Schedule 14A filed on April 20, 2023 (the “Preliminary Proxy Statement”). Concurrently with the submission of this letter, we are publicly filing with the Commission a Revised Preliminary Proxy Statement on Schedule 14A (the “Revised Preliminary Proxy Statement”).
The Staff’s oral comment noted a discrepancy in the description of the Company’s plans with respect to the liquidation of the securities held in the Company’s trust account on or prior to the 24-month anniversary of the effective date of the Company’s registration statement relating to its initial public offering. In response to the Staff’s oral comment, the Company has revised its disclosure on pages 10 and 13 of the Revised Preliminary Proxy Statement to state that, prior to the 24-month anniversary of the effective date of the Company’s registration statement relating to its initial public offering, the Company will instruct Continental Stock Transfer & Trust Company to liquidate the securities held in the Company’s trust account and instead hold all funds in the trust account in cash
* * *
United States Securities and Exchange Commission
April 28, 2023
Please do not hesitate to contact Elliott Smith of White & Case LLP at (212) 819-7644 with any questions or comments regarding this letter.
Sincerely,
/s/
White & Case LLP
Show Raw Text
CORRESP
1
filename1.htm
April
28, 2023
VIA
EDGAR
United
States Securities and Exchange Commission
Division
of Corporation Finance
Office
of Real Estate & Construction
100
F Street, NE
Washington,
D.C. 20549
Re:
Valuence
Merger Corp. I
Preliminary
Proxy Statement on Schedule 14A
Filed
April 20, 2023
File
No. 001-41304
Ladies
and Gentlemen:
This
letter is submitted on behalf of our client, Valuence Merger Corp. I, a Cayman Islands exempted company (the “Company”),
in response to the oral comment received from the staff (the “Staff”) of the Division of Corporation Finance
of the United States Securities and Exchange Commission (the “Commission”) on April 28, 2023, with respect
to the above-referenced Preliminary Proxy Statement on Schedule 14A filed on April 20, 2023 (the “Preliminary Proxy Statement”).
Concurrently with the submission of this letter, we are publicly filing with the Commission a Revised Preliminary Proxy Statement on
Schedule 14A (the “Revised Preliminary Proxy Statement”).
The
Staff’s oral comment noted a discrepancy in the description of the Company’s plans with respect to the liquidation of the
securities held in the Company’s trust account on or prior to the 24-month anniversary of the effective date of the Company’s
registration statement relating to its initial public offering. In response to the Staff’s oral comment, the Company has revised
its disclosure on pages 10 and 13 of the Revised Preliminary Proxy Statement to state that, prior to the 24-month anniversary
of the effective date of the Company’s registration statement relating to its initial public offering, the Company will instruct
Continental Stock Transfer & Trust Company to liquidate the securities held in the Company’s trust account and instead hold
all funds in the trust account in cash
*
* *
1
United
States Securities and Exchange Commission
April
28, 2023
Please
do not hesitate to contact Elliott Smith of White & Case LLP at (212) 819-7644 with any questions or comments regarding this letter.
Sincerely,
/s/
White & Case LLP
White
& Case LLP
cc:
Sungwoo
(Andrew) Hyung, Valuence Merger Corp. I
2