Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 449

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 3
Chunk 449
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’

    No. of shares

    Amount

    income (loss)

    deficit

    deficit

    Balance as of January 1, 2024

    4,416,075

    $
    442

    $
    1,521,171

    $
    (3,659,998
    )
     
    $
    (2,138,385
    )

    Transfer to realized gain on available held for sale securities

    (1,521,171
    )

    (1,521,171
    )
  
    Accretion of carrying value to redemption value

    -

    -

    -

    (7,948,736
    )

    (7,948,736
    )
  
    Net income for the year

    -

    -

    -

    7,409,180

    7,409,180

    Balance as of December 31, 2024

    4,416,075

    $
    442

    $
    -

    $
    (4,199,554
    )
     
    $
    (4,199,112
    )

    For the Year ended December 31, 2023 

    Ordinary shares  
    Additional paid-in  
    Accumulated other comprehensive  
    Accumulated  
    Total shareholders’
    equity 

    No. of shares  
    Amount  
    capital  
    income  
    deficit  
    (deficit) 

    Balance as of January 1, 2023(1) 
     3,737,500  
    $374  
    $24,626  
    $-  
    $(3,766) 
    $21,234 

    Sale of units in initial public offering, net of offering costs 
     14,950,000  
     1,495  
     142,900,525  
     -  
     -  
     142,902,020 
  
    Sale of units to the founder in private placement 
     678,575  
     68  
     6,785,682  
     -  
     -  
     6,785,750 
  
    Initial classification of common stock subject to possible redemption 
     (14,950,000) 
     (1,495)