Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 1302

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 12
Chunk 1302
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    Accumulated  
    Total shareholders’
    equity 

    No. of shares  
    Amount  
    capital  
    income  
    deficit  
    (deficit) 

    Balance as of January 1, 2023(1) 
     3,737,500  
    $374  
    $24,626  
    $-  
    $(3,766) 
    $21,234 

    Sale of units in initial public offering, net of offering costs 
     14,950,000  
     1,495  
     142,900,525  
     -  
     -  
     142,902,020 
  
    Sale of units to the founder in private placement 
     678,575  
     68  
     6,785,682  
     -  
     -  
     6,785,750 
  
    Initial classification of common stock subject to possible redemption 
     (14,950,000) 
     (1,495) 
     (147,853,763) 
     -  
     -  
     (147,855,258)
  
    Allocation of offering costs to common stock subject to redemption 
     -  
     -  
     6,525,391  
     -  
     -  
     6,525,391 
  
    Accretion of carrying value to redemption value 
     -  
     -  
     (8,382,461) 
     -  
     (5,110,990) 
     (13,493,451)
  
    Net income for the year 
     -  
     -  
     -  
     -  
     1,454,758  
     1,454,758 
  
    Unrealized gain on available held for sale securities 
     -  
     -  
     -  
     1,521,171  
     -  
     1,521,171 

    Balance as of December 31, 2023 
     4,416,075  
    $442  
    $-  
    $1,521,171  
    $(