Valuence Merger I Calls Meeting for 9-Month Extension Vote

Valuence Merger I scheduled a May 30 meeting for shareholders to vote on an extension that would give the SPAC until March 2025 to find and complete a deal.

The SPAC raised $200 million in a March 2022 IPO to pursue an acquisition of a life sciences company based in Asia, though excluding China, Hong Kong and Macau.

Valuence I lost more than two-thirds of its shares outstanding to redemptions in connection with the last extension vote a year ago.

CEO and Director Sung Yoon Woo is the founder and CEO of Credian Partners, a private equity firm based in South Korea. Read more.

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