Company: KVACU
Filing Date: 2025-12-22
Form Type: PRE 14A
Source: 0001213900-25-124633
Chunk: 31

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-12-22
Form: PRE 14A
Chunk 31
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 Amendment
Proposal is approved, the removal of the Withdrawal Amount from the Trust Account will reduce the amount held in the Trust Account and
KVAC’s net asset value based on the number of shares that seek redemption. KVAC cannot predict the amount that will remain in the
Trust Account if the Charter Amendment Proposal is approved.

The Board’s Reasons for the Charter Amendment Proposal

The Company is proposing
to amend its Amended and Restated Memorandum and Articles of Association to allow the Company to extend the initial business combination
period to July 27, 2026 (assuming full extension).

The Company currently has
until January 27, 2026 to complete its initial business combination. Without the Charter Amendment Proposal, the Company believes that
it will not be able to complete the Business Combination within the permitted time period. If that were to occur, the Company would be
forced to liquidate.

Required Vote

The approval of the Charter
Amendment Proposal requires a resolution of members under the Amended and Restated Memorandum and Articles of Association, being the affirmative
vote of a majority of the Company’s ordinary shares issued and outstanding and entitled to vote and which are present (in person
or by proxy) at the Annual General Meeting and which voted on the matter is required. Abstentions will have no effect with respect to
approval of this Charter Amendment Proposal.

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All of KVAC’s directors,
executive officers and their affiliates are expected to vote any shares owned by them in favor of the Charter Amendment Proposal. On the
Record Date, the sponsor of KVAC beneficially owned and was entitled to vote 4,276,075 ordinary shares of KVAC representing approximately
46.3% of KVAC’s issued and outstanding ordinary shares.

In addition, KVAC’s
directors, executive officers and their affiliates may choose to buy Units or ordinary shares of KVAC in the open market and/or through
negotiated private purchases. In the event that purchases do occur, the purchasers may seek to purchase shares from shareholders who would
otherwise have voted against the Trust Amendment Proposal and elected to redeem their shares for a portion of the Trust Account. Any shares
of KVAC held by affiliates will be voted in favor of the Charter Amendment Proposal. As the Charter Amendment Proposal is not a “routine”
matter, brokers will not be permitted to exercise discretionary voting on this proposal.

Resolution

The resolution to be put
to the shareholders to consider and to vote upon at the