Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 70

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1
Chunk 70
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ABILITIES 
     4,262,898  
     3,004,000 

    Commitments and contingencies (Note 7) 
        
     - 

    Ordinary shares, 6,404,652 and 14,950,000 shares subject to possible redemption issued and outstanding as of December 31, 2024 and 2023, respectively 
     70,373,065  
     154,823,318 

    Shareholders’ deficit: 

    Ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 4,416,075 shares issued and outstanding as of December 31, 2024 and 2023 (excluding 6,404,652 and 14,950,000 shares subject to possible redemption, respectively) 
     442  
     442 
  
    Accumulated other comprehensive income 
     -  
     1,521,171 
  
    Accumulated deficit 
     (4,199,554) 
     (3,659,998)

    Total Shareholders’ Deficit 
     (4,199,112) 
     (2,138,385)

    TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 
    $70,436,851  
    $155,688,933 

See accompanying notes to consolidated financial
statements.

F-3

KEEN VISION ACQUISITION CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE
INCOME 

    Years ended December 31, 

    2024  
    2023 

    Formation and operating costs 
    $(1,460,753) 
    $(478,676)

    Other income: 

    Dividend income earned in investments held in Trust Account 
     6,825,942  
     2 
  
    Interest income earned in investments held in Trust Account 
     2,043,965  
     1,933,395 
  
    Interest income 
     26  
     37 
  
    Total other income 
     8,869,933  
     1,933,434 

    NET INCOME 
    $7,409,180  
    $1,454,758 

    Other comprehensive income (loss): 

    Transfer to realized gain in investments held