Company: KVACU
Filing Date: 2025-12-22
Form Type: PRE 14A
Source: 0001213900-25-124633
Chunk: 49

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-12-22
Form: PRE 14A
Chunk 49
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2L2, Canada. |
| (5) | Based on the Schedule 13G/A filed by the holder on November 10, 2025. The holder’s address is 475 Steamboat Road, Greenwich, CT 06830.                      |
| (6) | Based on the Schedule 13G/A filed by the holder on August 13, 2025. The holder’s address is 1-5-5, Otemachi, Chiyoda-ku, Tokyo, 100-8176, Japan.            |

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CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS</div>

In September 2021, our sponsor
purchased 3,737,500 founder shares for an aggregate purchase price of $25,000, or approximately $0.01 per share.

Our sponsor purchased an
aggregate of 615,200 private placement units at a price of $10.00 per unit in a private placement that was completed simultaneously with
the closing of our initial public offering. Each unit consists of one private placement share, one private placement warrant. Each private
placement warrant entitles the holder upon exercise to purchase one ordinary share at a price of $11.50 per whole share, subject to adjustment
as provided herein. The private placement units (including the underlying securities) may not, subject to certain limited exceptions,
be transferred, assigned or sold by it until 30 days after the completion of our initial business combination.

In connection with the completion
of our initial public offering, we entered into an Administrative Services Agreement with our sponsor pursuant to which we will pay a
total of $10,000 per month for office space, administrative and support services to such affiliate.

On October 28, 2024, we
issued an unsecured promissory note to the Sponsor, pursuant to which we borrowed an aggregate principal amount of $200,000 in exchange
for Sponsor depositing such amount into the Company’s Trust Account in order to extend the amount of time it has available to complete
a business combination.

On November 20, 2024,
we issued an unsecured promissory note to the Sponsor, pursuant to which we borrowed an aggregate principal amount of $200,000 in exchange
for Sponsor depositing such amount into the Company’s Trust Account in order to extend the amount of time it has available to complete
a business combination.

On December 23, 2024,
we issued an unsecured promissory note