Company: KVACU
Filing Date: 2025-07-03
Form Type: DEF 14A
Source: 0001213900-25-061227
Chunk: 2

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-07-03
Form: DEF 14A
Chunk 2
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”). The purpose of the Trust Amendment Proposal and the Charter Amendment Proposal is to allow KVAC to extend the period of time to consummate a business combination. Our Board has determined that it is in the best interests of our shareholders to make the monthly extension fee $0.03 for each remaining public share. Holders (“ public shareholders”) of KVAC’s ordinary shares (“ Public Shares”) sold in its initial public offering may elect to redeem their Public Shares for their pro rata portion of the funds available in the trust account in connection with the Trust Amendment Proposal (the “ Redemption Election”) regardless of how such public shareholders vote

in regard to those amendments, or whether they were holders of KVAC’s Public Shares on the record date or acquired such shares after such date. This right of redemption is provided for and is required by KVAC’s Amended and Restated Memorandum and Articles of Association and KVAC also believes that such redemption right protects KVAC’s public shareholders from having to sustain their investments for an unreasonably long period if KVAC fails to find a suitable acquisition in the timeframe initially contemplated by its Amended and Restated Memorandum and Articles of Association. If the Trust Amendment Proposal and the Charter Amendment Proposal are approved by the requisite vote of shareholders (and not abandoned), the remaining holders of Public Shares will retain their right to redeem their Public Shares for their pro rata portion of the funds available in the trust account upon consummation of a business combination. To exercise your redemption rights, you must tender your shares to the Company’s transfer agent at least two (2) business days prior to the Extraordinary General Meeting. You may tender your shares by either delivering your share certificates to the transfer agent or by delivering your shares electronically using The Depository Trust Company’s DWAC (Deposit / Withdrawal At Custodian) system. If you hold your shares in street name, you will need to instruct your bank, broker or other nominee to withdraw the shares from your account in order to exercise your redemption rights. As of July2, 2025, there was approximately $73,071,012.90 in the trust account, representing a per share pro rata amount of approximately $11.409. The closing price of KVAC’s shares on July 2, 2025 was $11.33. KVAC cannot assure shareholders that they will be able to sell their shares of KVAC in the open market, as there may not be sufficient liquidity in its securities when shareholders wish to sell their shares. If the Trust Amendment