Company: KVACU
Filing Date: 2025-06-23
Form Type: PRE 14A
Source: 0001213900-25-056680
Chunk: 29

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-06-23
Form: PRE 14A
Chunk 29
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 an Investment Management Trust Agreement, dated July 24, 2023 (the “Trust Agreement”); and it was
amended on October 25, 2024; and

WHEREAS, at a Shareholders Meeting of the Company held on [*], 2025,
the Company’s shareholders approved a proposal to amend the Trust Agreement to provide the Company the right to extend the date
on which to commence liquidating the Trust Account from July 27, 2025 to January 27, 2026 for an extension fee of $0.03 for each remaining
public share (the “Extension Payment”) for each one-month extension, which payment shall be paid into the trust account.

NOW THEREFORE, IT IS AGREED:

1. Preamble. The third WHEREAS
clause in the preamble of the Trust Agreement is hereby amended and restated to read as follows:

“WHEREAS, as
described Registration Statement and in its Amended and Restated Memorandum and Articles of Association, the Company’s ability
to complete a business combination may be extended in additional increments of one-month up to a total of six additional months from
July 27, 2025 to January 27, 2026, subject to the payment into the Trust Account by the Sponsor (or its designees or affiliates)
$0.03 for each remaining public share (the “Extension Payment”) for each one-month extension, and which Extension
Payments, if any, shall be added to the Trust Account.”

2. Section 1(i) is hereby amended and
restated to read as follows:

Commence liquidation of the Trust Account
only after and promptly after (x) receipt of, and only in accordance with, the terms of a letter from the Company (“Termination
Letter”), in a form substantially similar to that attached hereto as either Exhibit A or Exhibit B, as applicable, signed on behalf
of the Company by its Chief Executive Officer, Chief Financial Officer, President, Executive Vice President, Vice President, Secretary
or Chairman of the board of directors of the Company (the “Board”) or other authorized officer of the Company and, in the
case of Exhibit A, acknowledged and agreed to by EF Hutton, and complete the liquidation of the Trust Account and distribute the Property
in the Trust Account, including interest not previously released to the Company to pay its franchise and income taxes(less up to $50,000
of interest that may be released to the Company to pay dissolution expenses