Valuence Merger Corp. I (Nasdaq: VMCA) is a blank-check special purpose acquisition company sponsored by an affiliate of Valuence Holdings Inc., a Japan-based operator of secondhand luxury-goods markets and circular-economy retail platforms. The company completed its initial public offering in 2022 and was targeting acquisition candidates in the consumer and retail sector, with a strategic emphasis on businesses operating across resale, recommerce, and adjacent consumer verticals. As of its 10-Q filed November 9, 2022, VMCA remained in its search phase and had not yet announced a definitive business combination agreement. For full filing history, sponsor background, and deal-stage analytics on VMCA and hundreds of other active and completed SPACs, sign up for access at SpacDesk.