Liquidation: Keen Vision Acquisition Corp.

Form Type: DEF 14A

Filing Date: 2025-07-03

Corporate Action: Liquidation

Type: New

Accession Number: 000121390025061227

Filing Summary: Keen Vision Acquisition Corp. is calling for an Extraordinary General Meeting on July 22, 2025, aimed at voting on three key proposals: 1) A proposal to amend the investment management trust agreement to extend the time for liquidating the trust account from July 27, 2025, to January 27, 2026. This extension will allow the company to deposit $0.03 for each remaining public share for each monthly extension. 2) A proposal to amend the company’s articles to extend the deadline for consummating a business combination to January 27, 2026. 3) A proposal to authorize adjournment of the meeting if necessary to secure votes for the proposals. The trust account currently holds approximately $73 million, with shareholders entitled to redeem their public shares for a pro-rata portion of the trust assets if the proposals are approved. If the proposals are not approved and no business combination is consummated by July 27, 2025, the company will proceed with liquidation, redeeming all outstanding public shares within ten business days thereafter. The record date for voting is June 27, 2025. The Board believes that extending the deadlines is in the best interest of shareholders and advises voting 'FOR' all proposals.