Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 29

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1
Chunk 29
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 markets may give us a competitive advantage over privately-held entities
having a similar business objective as ours in acquiring a target business with significant growth potential on favorable terms.

If we succeed in effecting
a business combination, there will be, in all likelihood, intense competition from competitors of the target business. We cannot assure
you that, subsequent to a business combination, we will have the resources or ability to compete effectively.

Employees

We currently have two officers,
namely Mr. Kenneth Wong, our CEO, and Mr. Alex Davidkhanian, our CFO. They are not obligated to devote any specific number of hours to
our matters and intend to devote only as much time as they deem necessary to our affairs. The amount of time they will devote in any time
period will vary based on whether a target business has been selected for the business combination and the stage of the business combination
process the company is in. Accordingly, once management locates a suitable target business to acquire, they will spend more time investigating
such target business and negotiating and processing the business combination (and consequently spend more time to our affairs) than they
would prior to locating a suitable target business. We presently expect our executive officers to devote such amount of time as they reasonably
believe is necessary to our business (which could range from only a few hours a week while we are trying to locate a potential target
business to a majority of their time as we move into serious negotiations with a target business for a business combination). We do not
intend to have any full-time employees prior to the consummation of a business combination. 

ITEM 1A. RISK FACTORS

As a smaller reporting company,
we are not required to make disclosures under this Item.

ITEM 1B. UNRESOLVED STAFF COMMENTS

Not applicable.

ITEM 1C. CYBERSECURITY

As a blank check company,
we have no operations and therefore do not have any operations of our own that face material cybersecurity threats. However, we do depend
on the digital technologies of third parties, including information systems, infrastructure and cloud applications and services, any sophisticated
and deliberate attacks on, or security breaches in, systems or infrastructure or the cloud that we utilize, including those of third parties,
could lead to corruption or misappropriation of our assets, proprietary information and sensitive or confidential data. Because of our
reliance on the technologies of third parties, we also depend upon the personnel and the processes of third parties to protect against