PenderFund Capital Management’s Valuence Merger Corp. I Class A Ordinary Shares VMCA Stock Holding History

PenderFund Capital Management’s Portfolio VMCA Stock Details VMCA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q1	–	Sell	-33,435	Closed	-$554K	–	155
2024 Q4	$554K	Buy	33,435 +8,035	+32%	+$92.5K	0.12%	68
2024 Q3	$396K	Buy	+25,400	New	+$292K	0.09%	80

Other funds holding VMCA

MSU

Mizuho Securities USA New York $4.24B AUM 22.54% 1-Year Est. Return

KIM

Karpus Investment Management Pittsford, New York $3.21B AUM 6.83% 1-Year Est. Return

PenderFund Capital Management's VMCA Position: Q1 2025 in Review

PenderFund Capital Management sold out of Valuence Merger Corp. I Class A Ordinary Shares (VMCA) in Q1 2025, closing a stake of 33,435 shares — an estimated $554K sold.

PenderFund Capital Management first reported a position in VMCA in Q3 2024 and held it in 2 quarters. The position peaked at $554K in Q4 2024. 2 funds tracked by Wall St. Rank hold VMCA as of Q1 2025.

PenderFund Capital Management reported no remaining Valuence Merger Corp. I Class A Ordinary Shares position as of Q1 2025 after selling out during the quarter.
PenderFund Capital Management sold 33,435 Valuence Merger Corp. I Class A Ordinary Shares shares in Q1 2025, an estimated $554K.
PenderFund Capital Management first reported a position in Valuence Merger Corp. I Class A Ordinary Shares in Q3 2024 and held it in 2 quarters.
PenderFund Capital Management's Valuence Merger Corp. I Class A Ordinary Shares position peaked at $554K in Q4 2024.
2 funds tracked by Wall St. Rank held Valuence Merger Corp. I Class A Ordinary Shares as of Q1 2025.

Based on PenderFund Capital Management's 13F filing for Q1 2025, filed 15 May 2025.