Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 333

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 2
Chunk 333
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ITEM 2. PROPERTIES

We maintain our principal
executive office at 37 Greenbriar Drive, Summit, NJ 07901. The cost for this space is provided to us by KVC Sponsor LLC as part of the
$10,000 per month payment commencing on the closing date of the Initial Public Offering for 9 months (or 21 months if we extend the Combination
Period, including Automatic Extension Period) we make to it for office space and related services. We consider our current office space
adequate for our current operations.

ITEM 3. LEGAL PROCEEDINGS

We may be subject to legal
proceedings, investigations and claims incidental to the conduct of our business from time to time. We are not currently a party to any
material litigation or other legal proceedings brought against us. We are also not aware of any legal proceeding, investigation or claim,
or other legal exposure that has a more than remote possibility of having a material adverse effect on our business, financial condition
or results of operations.

ITEM 4. MINE SAFETY DISCLOSURES

Not Applicable.

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ITEM 5. MARKET FOR REGISTRANT’S COMMON
EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Our units began to trade on
Nasdaq, under the symbol “KVACU” on July 25, 2023. On September 14, 2023, the Company announced that holders of its units
may elect to separately trade the ordinary shares and warrants included in its units, commencing on or about September 15, 2023. The ordinary
shares and warrants started trading on the Nasdaq under the symbols “KVAC,” and “KVACW,” respectively. Units not
separated continue to trade on Nasdaq under the symbol “KVACU.” After separation, the ordinary shares and warrants may be
recombined to create units.

Holders of Record

At February 27, 2025, there
were 10,820,727 of our ordinary shares held by 2 shareholders issued and outstanding. The number of record holders was determined from
the records of our transfer agent and does not include beneficial owners of ordinary shares whose shares are held in the names of various
security brokers, dealers, and registered clearing agencies.

Dividends

We have not paid any cash
dividends on our ordinary shares to date and do