Company: KVACU
Filing Date: 2025-06-23
Form Type: PRE 14A
Source: 0001213900-25-056680
Chunk: 15

Company: Keen Vision Acquisition Corp.
Filing Date: 2025-06-23
Form: PRE 14A
Chunk 15
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 to review transactions that could result in control of a U.S. business directly or indirectly by
a foreign person, certain non-controlling investments that afford the foreign investor non-passive rights in a “TID U.S. business”
(defined as a U.S. business that (1) produces, designs, tests, manufactures, fabricates, or develops one or more critical technologies;
(2) owns or operates certain critical infrastructure; or (3) collects or maintains directly or indirectly sensitive personal
data of U.S. citizens), and certain acquisitions, leases, and concessions involving real estate even with no underlying U.S. business.
Certain categories of acquisitions of and investments in a U.S. business also may be subject to a mandatory notification requirement.

Our sponsor, KVC Sponsor LLC,
is controlled by our Chairman and Chief Executive Officer WONG, Kenneth Ka Chun, who is a Canadian citizen. We are therefore likely considered
a “foreign person” under the regulations administered by CFIUS and will continue to be considered as such in the future for
so long as our sponsor has the ability to exercise control over us for purposes of CFIUS’s regulations. As such, an initial business
combination with a U.S. business may be subject to CFIUS review, the scope of which was expanded by the Foreign Investment Risk Review
Modernization Act of 2018 (“FIRRMA”), to include certain non-passive, non-controlling investments in sensitive
U.S. businesses and certain acquisitions of real estate even with no underlying U.S. business. FIRRMA, and subsequent implementing
regulations that are now in force, also subjects certain categories of investments to mandatory filings. If our potential initial business
combination with a U.S. business falls within CFIUS’s jurisdiction, we may determine that we are required to make a mandatory
filing or that we will submit a voluntary notice to CFIUS, or to proceed with the initial business combination without notifying CFIUS
and risk CFIUS intervention, before or after closing the initial business combination. CFIUS may decide to block or delay our initial
business combination, impose conditions to mitigate national security concerns with respect to such initial business combination or order
us to divest all or a portion of a U.S. business of the combined company without first obtaining CFIUS clearance, which may limit
the attractiveness of or prevent us from pursuing certain initial business combination opportunities that we believe would otherwise be
beneficial to us and our shareholders. As a