Company: KVACU
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001213900-25-021314
Chunk: 26

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1
Chunk 26
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 impossible.

18

A judgment of a court in the
United States predicated upon U.S. federal or state securities laws may be enforced in Hong Kong at common law by bringing an action in
a Hong Kong court on that judgment for the amount due thereunder, and then seeking summary judgment on the strength of the foreign judgment,
provided that the foreign judgment, among other things, is (1) for a debt or a definite sum of money (not being taxes or similar charges
to a foreign government taxing authority or a fine or other penalty) and (2) final and conclusive on the merits of the claim, but not
otherwise. Such a judgment may not, in any event, be so enforced in Hong Kong if (a) it was obtained by fraud; (b) the proceedings in
which the judgment was obtained were opposed to natural justice; (c) its enforcement or recognition would be contrary to the public policy
of Hong Kong; (d) the court of the United States was not jurisdictionally competent; or (e) the judgment was in conflict with a prior
Hong Kong judgment.

Hong Kong has no arrangement
for the reciprocal enforcement of judgments with the United States. As a result, there is uncertainty as to the enforceability in Hong
Kong, in original actions or in actions for enforcement, of judgments of United States courts of civil liabilities predicated solely upon
the federal securities laws of the United States or the securities laws of any State or territory within the United States.

As a result of all the above,
public shareholders may have more difficulty in protecting their interests in the face of actions taken by management, members of the
board of directors or controlling shareholders than they would as public shareholders of a U.S. company.

Management Operating and Investment Experience

We believe that our executive
officers possess the experience, skills and contacts necessary to source, evaluate, and execute an attractive business combination. See
the section titled “Management” for complete information on the experience of our officers and directors. Notwithstanding
the foregoing, our officers and directors are not required to commit their full time to our affairs and will allocate their time to other
businesses. We presently expect each of our employees to devote such amount of time as they reasonably believe is necessary to our business.
The past successes of our executive officers and directors do not guarantee that we will successfully consummate an initial business combination.

As more fully discussed in
“Conflicts of Interest,” if any of our officers or directors becomes aware of a business combination