Company: KVACU
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-043269
Chunk: 1

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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writing compensation 
     2,990,000  
     2,990,000 

    TOTAL LIABILITIES 
     5,058,507  
     4,262,898 

    Commitments and contingencies (Note 7) 
     -  
     - 

    Ordinary shares, 6,404,652 and 6,404,652 shares subject to possible redemption issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 
     71,712,569  
     70,373,065 

    Shareholders’ Deficit: 

    Ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 4,416,075 shares issued and outstanding as of March 31, 2025 and December 31, 2024 (excluding 6,404,652 and 6,404,652 shares subject to possible redemption, respectively) 
     442  
     442 
  
    Accumulated deficit 
     (4,970,887) 
     (4,199,554)

    Total Shareholders’ Deficit 
     (4,970,445) 
     (4,199,112)

    TOTAL LIABILITIES , TEMPORARY EQUITY AND SHAREHOLDERS’ DEFICIT 
    $71,800,631  
    $70,436,851 

See accompanying notes to unaudited condensed consolidated
financial statements.

F-2

KEEN VISION ACQUISITION CORPORATION

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF INCOME AND COMPREHENSIVE INCOME 

    Three Months ended
 March 31, 

    2025  
    2024 

    Formation and operating costs 
    $(171,333) 
    $(266,439)

    Other income: 

    Dividend income earned in investments held in Trust Account 
     739,504  
     1,488,653 
  
    Interest income earned in investments held in Trust Account 
     -  
     2,043,965 
  
    Interest income 
     -  
     14 
  
    Total other income 
     739,504  
     3,532,632 

    NET INCOME 
    $568,171