Company: KVACU
Filing Date: 2025-06-23
Form Type: PRE 14A
Source: 0001213900-25-056680
Chunk: 17

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-06-23
Form: PRE 14A
Chunk 17
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 purposes of winding up of our affairs. Any redemption of public shareholders from the trust account
shall be effected automatically by function of our amended and restated memorandum and articles of association prior to any voluntary
winding up. If we are required to windup, liquidate the trust account and distribute such amount therein, pro rata, to our public shareholders,
as part of any liquidation process, such winding up, liquidation and distribution must comply with the applicable provisions of the Business
Companies Act of the British Virgin Islands (as amended). In that case, investors may be forced to wait beyond July 27, 2025 before the
redemption proceeds of our Trust Account become available to them and they receive the return of their pro rata portion of the proceeds
from our Trust Account. We have no obligation to return funds to investors prior to the date of our redemption or liquidation unless we
consummate our initial business combination prior thereto and only then in cases where investors have sought to redeem their ordinary
shares. Only upon our redemption or any liquidation will public shareholders be entitled to distributions if we are unable to complete
our initial business combination.

You are not being asked to vote on a business combination at this time. If the Trust Amendment Proposal is approved and you do not elect to redeem your Public Shares, you will retain the right to vote on any proposed business combination when it is submitted to shareholders and the right to redeem your Public Shares for a pro rataportion of the trust account in the event such business combination is approved and completed or the Company has not consummated a business combination by July 27, 2025.

If the Trust 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 Trust Amendment Proposal is approved.

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The Board’s Reasons for the Trust Amendment Proposal

The Company is proposing to amend its Trust Agreement to allow the
Company to extend its life monthly until January 27, 2026 by paying a monthly extension fee $0.03 for each remaining public share. Currently,
according to our amended and restated memorandum and articles of association and the Trust Agreement, the Company may, but is not obligated
to, extend the Combination Period to July 27, 2025 to complete a business combination