Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 56

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1
Chunk 56
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 agreements with our executive officers
and directors that provide for benefits upon termination of employment.

Item 12. Security Ownership of Certain Beneficial Owners and Management
and Related Shareholder Matters.

The following table sets forth as of March 6, 2025, the number of ordinary
shares beneficially owned by (i) each person who is known by us to be the beneficial owner of more than five percent of our issued and
outstanding ordinary shares, (ii) each of our officers and directors and (iii) all of our officers and directors as a group.

38

Unless otherwise indicated,
we believe that all persons named in the table have sole voting and investment power with respect to all ordinary shares beneficially
owned by them.

    Name
and Address of Beneficial Owner(1) 
    Number of
Ordinary
Shares
Beneficially 
Owned  
    Approximate 
Percentage of
 Outstanding
Ordinary
 Shares 
  
    KVC Sponsor LLC(2)   
     4,416,075  
     39.5%
  
    WONG, Kenneth K.C.(2)   
     4,416,075  
     39.5%
  
    DAVIDKHANIAN, Alex 
     0  
           *%
  
    DING, Peter 
     0  
           *%
  
    CHU, William 
     0  
           *%
  
    YU, Albert Cheung-Hoi 
     0  
           *%
  
    All executive officers and directors as a group (5 individuals) 
     4,416,075  
     40.8%
  
    Mizuho Financial Group, Inc.(3) 
     1,353,000  
     12.5%
  
    First Trust Merger Arbitrage Fund(4) 
     1,396,579  
     12.9%

    *
    Less than 1%.

    (1)
    Unless otherwise indicated, the business address of each of the individuals or entities is c/o Keen Vision Acquisition Corporation, 37 Greenbriar Drive, Summit, NJ 07901, USA.

    (2)
    KVC Sponsor LLC, our sponsor, is the record holder of the insider shares reported herein. KVC Sponsor LLC is controlled by Mr. Kenneth Wong and Mr. Jason Wong, its managers.