Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 2

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1
Chunk 2
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6, 2023 (approximately six years after the consummation of the business combination),
the market capitalization of RAHGF was approximately $0.33 million as a result of change of regulatory regime in the PRC regarding the
peer-to-peer lending industry and CLG’s subsequent transition of its business from peer-to-peer lending business to financial management,
assessment and consulting services, debt collecting services, and financial guarantee services. From his decades of experience in PE investments
in Asia, Mr. Jason Wong has a strong track record of successful de-SPAC transactions.

1

We believe our management
team has genuine global reach and resources that will enable our target to expand its geographical footprint, thereby increasing profit
potentials as well as optimizing its performance as a publicly listed entity in the market.

We believe our management
team’s personnel, network and relationships combined with their entrepreneurial vision, unique and diversified experiences in investing,
operating and transforming businesses will uniquely position them to identify and execute attractive business combination opportunities.
Our efforts to identify a prospective target business is not limited to any particular industry or geographic region, although we intend
to capitalize on the management team’s global network and focus our search of target businesses on the following areas:

Biotechnology: any technology
involving the use of living systems and/or organisms to develop or make products. This includes, and is not limited to, biotechnology
for medical, pharmaceutical, and health preservation applications, agricultural processes and food production, environmental applications,
and industrial processes.

Consumer goods: everyday necessities
including durable and nondurable goods bought by the average consumer.

Agriculture: activities related
to growing crops or raising livestock. This includes, and is not limited to, producing agricultural commodities, producing agricultural
fertilizers and chemicals, manufacturing equipment, and processing or distributing agricultural products.

All potential target companies
will be evaluated based on sustainability and ESG imperatives, in order to enhance value creation, to mitigate potential risks and to
identify sustainable growth opportunities for the target company.

We believe each of the foregoing
sectors has considerable growth potential and contains a rich universe of potential target companies ready to present solutions to a global
market.

2

Initial Public Offering and Private Placement

On July 27, 2023, the Company
consummated its initial public offering (the “IPO” or “Initial Public Offering”) of 14,950,000 Units, which includes
the full exercise of the over-allotment option granted to the underwriters. Each