Company: KVACU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109170
Chunk: 4

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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    $-  
    $(2,405,252) 
    $(2,404,810)

    Accretion of carrying value to redemption value 
     -  
     -  
     -  
     (2,041,870) 
     (2,041,870)
  
    Net income 
     -  
     -  
     -  
     1,774,535  
     1,774,535 

    Balance as of June 30, 2024 
     4,416,075  
    $442  
    $-  
    $(2,672,587) 
    $(2,672,145)

    Accretion of carrying value to redemption value 
     -  
     -  
     -  
     (2,065,583) 
     (2,065,583)
  
    Net income 
     -  
     -  
     -  
     1,559,923  
     1,559,923 

    Balance as of September 30, 2024 
     4,416,075  
    $442  
    $-  
    $(3,178,247) 
    $(3,177,805)

See accompanying notes to unaudited condensed consolidated
financial statements.

3

KEEN VISION ACQUISITION CORPORATION

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS

    Nine Months Ended 
    September 30, 

    2025  
    2024 
  
    Cash flows from operating activities: 

    Net income 
    $1,499,692  
    $6,600,651 
  
    Adjustments to reconcile net income to net cash used in operating activities: 

    Interest income earned in cash and investments held in trust account 
     -  
     (2,043,965)
  
    Dividend income earned in cash and investments held in trust account 
     (2,111,544) 
     (5,596,106)
  
    Changes in operating assets and liabilities: 

    Prepayment 
     6,456  
     231,378 
  
    Accrued expenses 
     (59,067) 
     126,793