Company: KVACU
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-043269
Chunk: 0

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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Item 1. Financial Statements

KEEN VISION ACQUISITION CORPORATION

INDEX TO UNAUDITED CONDENSED CONSOLIDATED
CONDENSED FINANCIAL STATEMENTS

    Page
  
    Unaudited Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 2024 (audited)
    F-2

    Unaudited Condensed Consolidated Statements of Income and Comprehensive Income (Loss) for the Three Months Ended March 31, 2025 and 2024
    F-3

    Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Deficit for the Three Months Ended March 31, 2025 and 2024
    F-4

    Unaudited Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2025 and 2024
    F-5

    Notes to Unaudited Condensed Consolidated Financial Statements
    F-6 to F-19

F-1

KEEN VISION ACQUISITION CORPORATION

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

    March 31,  
    December 31, 

    2025  
    2024 

    (Audited) 
  
    ASSETS 

    Current assets: 

    Cash at bank 
    $15,964  
    $54,548 
  
    Prepayment 
     72,098  
     9,238 
  
    Total current assets 
     88,062  
     63,786 
  
    Cash and investments held in Trust Account 
     71,712,569  
     70,373,065 

    TOTAL ASSETS 
    $71,800,631  
    $70,436,851 

    LIABILITIES, TEMPORARY EQUITY AND SHAREHOLDERS’ DEFICIT 

    Current liabilities: 

    Accrued expenses 
    $23,800  
    $97,813 
  
    Extension promissory note payable 
     1,200,000  
     600,000 
  
    Amount due to a related party 
     844,707  
     575,085 

    Total current liabilities 
     2,068,507  
     1,272,898 
  
    Deferred under