Company: KVACU
Filing Date: 2025-12-22
Form Type: PRE 14A
Source: 0001213900-25-124633
Chunk: 52

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-12-22
Form: PRE 14A
Chunk 52
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-pocket expenses incurred by such persons in connection with activities on our behalf.

In order to meet our working
capital needs following the consummation of the Initial Public Offering, our initial shareholders, officers and directors and their respective
affiliates may, but are not obligated to, loan us funds, from time to time or at any time, in whatever amount they deem reasonable in
their sole discretion. Each loan would be evidenced by a promissory note. The notes would either be paid upon consummation of our initial
business combination, without interest, or, at the lender’s discretion, up to $1,000,000 of the notes may be converted upon consummation
of our business combination into private units at a price of $10.00 per unit (which, for example, would result in the holders being issued
units to acquire 100,000 ordinary shares and 100,000 warrants to purchase 100,000 ordinary shares if $1,000,000 of notes were so converted).
Our shareholders have approved the issuance of the units and underlying securities upon conversion of such notes, to the extent the holder
wishes to so convert them at the time of the consummation of our initial business combination. If we do not complete a business combination,
the loans would be repaid out of funds not held in the Trust Account, and only to the extent available.

The holders of the founder
shares, private placement units, the shares underlying the warrants underlying the unit purchase option issued to the underwriters of
our initial public offering, and units that may be issued on conversion of working capital loans (and any securities underlying the private
placement units and the working capital loans) are entitled to registration rights pursuant to a registration rights agreement signed
on the effective date of our initial public offering requiring us to register such securities for resale. The holders of these securities
are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have
certain “piggy-back” registration rights with respect to registration statements filed subsequent to our completion of our
initial business combination and rights to require us to register for resale such securities pursuant to Rule 415 under the Securities
Act. We will bear the expenses incurred in connection with the filing of any such registration statements.

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SHAREHOLDER PROPOSALS</div>

If you are a shareholder and you want to include a proposal in the proxy statement for the 2026 Annual Meeting,