Company: KVACU
Filing Date: 2025-07-03
Form Type: DEF 14A
Source: 0001213900-25-061227
Chunk: 21

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-07-03
Form: DEF 14A
Chunk 21
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075 ordinary shares of KVAC representing approximately 39.5% 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 Trust Amendment Proposal. As the Trust 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 Extraordinary General Meeting in relation to Trust Amendment Proposal is as follows: “RESOLVED that, the proposed amendment to the Trust Agreement attached to the proxy statement as Annex A be confirmed, adopted, approved and ratified in all respects.” Recommendation of the Board The Board recommends that you vote “FOR” the Trust Amendment Proposal. The Board expresses no opinion as to whether you should elect to redeem your Public Shares. 13 PROPOSAL 2 THE CHARTER AMENDMENT PROPOSAL The proposed Charter Amendment would amend our existing Amended and Restated Memorandum and Articles of Association to extend the date by which the Company has to consummate a business combination to January 27, 2026 (the termination date as so extended, the “ Extended Date”). Currently, the Company shall consummate its initial business combination by July 27, 2025. 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. The full proposed Third Restated Memorandum and Articles to be adopted by the Company is attached to this proxy statement as Annex B. All shareholders are encouraged to read the proposed amendment in its entirety for a more complete description of its terms. If the Charter Amendment Proposal is not approved and we do not consummate a business combination by July 27, 2025 in accordance with our current Amended and Restated Memorandum and Articles of Association, we will distribute the aggregate amount then on deposit in the Trust Account (less up to $50,000 of the net interest earned thereon to pay dissolution expenses), pro rata to our public shareholders by way of redemption and cease all