Valuence Merger Corp. I's (NASDAQ:VMCAU – Get Rating) lock-up period will end on Monday, August 29th. Valuence Merger Corp. I had issued 20,000,000 shares in its IPO on March 1st. The total size of the offering was $200,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

Valuence Merger Corp. I Stock Down 0.8 %

NASDAQ VMCAU opened at $10.09 on Monday. The company has a fifty day moving average of $10.09. Valuence Merger Corp. I has a 12 month low of $9.99 and a 12 month high of $10.19.

Institutional Investors Weigh In On Valuence Merger Corp. I

Institutional investors and hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. purchased a new stake in shares of Valuence Merger Corp. I during the 1st quarter valued at $100,000. Prelude Capital Management LLC purchased a new stake in shares of Valuence Merger Corp. I during the 1st quarter valued at $100,000. State Street Corp purchased a new stake in shares of Valuence Merger Corp. I during the 2nd quarter valued at $123,000. Ergoteles LLC purchased a new stake in shares of Valuence Merger Corp. I during the 1st quarter valued at $150,000. Finally, Westchester Capital Management LLC purchased a new stake in shares of Valuence Merger Corp. I during the 2nd quarter valued at $201,000.

Valuence Merger Corp. I Company Profile

Valuence Merger Corp. I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify, acquire, and operate a business in Asia with a focus on opportunities aligned with breakthrough technology in life sciences and sustainability technology themes.

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