Company: KVACU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109170
Chunk: 71

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 71
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575 and 15,628,575 shares, respectively, in the calculation of diluted net income
(loss) per share, since the exercise of the warrants is contingent upon the occurrence of future events and the inclusion of such warrants
would be anti-dilutive and the Company did not have any other dilutive securities and other contracts that could, potentially, be exercised
or converted into ordinary shares and then share in the earnings of the Company. As a result, the diluted income (loss) per share is the
same as basic income (loss) per share for the period presented.

The net income (loss) per share presented in the unaudited condensed consolidated statements of income and comprehensive income is based
on the following:

    For
                                            the Nine Months Ended
                                            September 30, 2025  
    For
the Nine Months Ended
September 30, 2024 

    Redeemable Ordinary Share  
    Non- Redeemable Ordinary Share  
    Redeemable Ordinary Share  
    Non- Redeemable Ordinary Share 
  
    Basic and diluted net income (loss) per share: 

    Numerators: 

    Interest income earned in investments held in Trust Account 
    $2,111,545  
    $-  
    $7,640,096  
    $- 
  
    Total expenses 
     (352,421) 
     (259,432) 
     (802,419) 
     (237,026)
  
    Total allocation to redeemable and non-redeemable ordinary shares 
    $1,759,124  
    $(259,432) 
    $6,837,677  
    $(237,026)
  
    Denominators: 

    Weighted-average shares outstanding 
     5,998,933  
     4,416,075  
     14,950,000  
     4,416,075 
  
    Basic and diluted net income (loss) per share 
    $0.29  
    $(0.06) 
    $0.46  
    $(0.05)

    For
                                            the Three Months Ended
                                            September 30, 2025  
    For
                                            the Three Months Ended
                                            September 30, 2024 

    Redeemable Ordinary Share  
    Non- Redeemable Ordinary Share  
    Redeemable