Company: KVACU
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001213900-25-043269
Chunk: 64

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 64
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net income (loss) per share, since the exercise of the warrants is contingent upon the occurrence of future events and the inclusion of
such warrants would be anti-dilutive and the Company did not have any other dilutive securities and other contracts that could, potentially,
be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, the diluted income (loss) per
share is the same as basic income (loss) per share for the period presented.

The net income (loss) per share presented in the unaudited condensed consolidated statements of income and comprehensive income is based
on the following:

    For the Three Months Ended March 31, 2025  
    For the Three Months Ended March 31, 2024 

    Redeemable Ordinary Share  
    Non- Redeemable Ordinary Share  
    Redeemable Ordinary Share  
    Non- Redeemable Ordinary Share 
  
    Basic and diluted net income (loss) per share: 

    Numerators: 

    Interest income earned in investments held in Trust Account 
    $739,504  
    $-  
    $3,532,632  
    $- 
  
    Total expenses 
     (101,410) 
     (69,923) 
     (205,683) 
     (60,756)
  
    Total allocation to redeemable and non-redeemable ordinary shares 
    $638,094  
    $(69,923) 
    $3,326,949  
    $(60,756)
  
    Denominators: 

    Weighted-average shares outstanding 
     6,404,652  
     4,416,075  
     14,950,000  
     4,416,075 
  
    Basic and diluted net income (loss) per share 
    $0.10  
    $(0.02) 
    $0.22  
    $(0.01)

F-14

KEEN VISION ACQUISITION CORPORATION

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS

●Related parties

Parties, which can be a corporation or individual,
are considered to be related if either the Company or the other party have the ability, directly or indirectly, to control the other party
or exercise significant influence over the other party in making financial and operational decisions