Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 146

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1A
Chunk 146
---
INCOME 

    Years ended December 31, 

    2024  
    2023 

    Formation and operating costs 
    $(1,460,753) 
    $(478,676)

    Other income: 

    Dividend income earned in investments held in Trust Account 
     6,825,942  
     2 
  
    Interest income earned in investments held in Trust Account 
     2,043,965  
     1,933,395 
  
    Interest income 
     26  
     37 
  
    Total other income 
     8,869,933  
     1,933,434 

    NET INCOME 
    $7,409,180  
    $1,454,758 

    Other comprehensive income (loss): 

    Transfer to realized gain in investments held in Trust Account 
     (1,521,171) 
     1,521,171 

    COMPREHENSIVE INCOME 
    $5,888,009  
    $2,975,929 

    Basic and diluted weighted average shares outstanding, ordinary shares subject to possible redemption 
     13,502,427  
     6,430,548 

    Basic and diluted net income per share, ordinary shares subject to possible redemption 
    $0.58  
    $0.25 

    Basic and diluted weighted average shares outstanding, ordinary shares not subject to possible redemption 
     4,416,075  
     4,029,380 

    Basic and diluted net loss per share, attributable to ordinary shares not subject to possible redemption 
    $(0.08) 
    $(0.05)

See accompanying notes to consolidated financial
statements.

F-4

KEEN VISION ACQUISITION CORPORATION

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’
DEFICIT

    For the Year ended December 31, 2024

    Ordinary shares

    Accumulated
    other
    comprehensive

    Accumulated

    Total shareholder’

    No. of shares

    Amount

    income (loss)

    deficit

    deficit

    Balance as of January 1, 2024

    4,416,075

    $
    442

    $
    1,521,171

    $
    (3,659,998
    )