Keen Vision Acquisition Corp. Files Definitive Proxy Statement

Ticker: KVACW · Form: DEF 14A · Filed: Oct 7, 2024 · CIK: 1889983

Keen Vision Acquisition Corp. DEF 14A Filing Summary
FieldDetail
CompanyKeen Vision Acquisition Corp. (KVACW)
Form TypeDEF 14A
Filed DateOct 7, 2024
Risk Levellow
Pages14
Reading Time17 min
Key Dollar Amounts$150,000, $0.03, $1,495,000, $160,571,260.21, $10.74
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, sec-filing, acquisition-corp

TL;DR

Keen Vision Acquisition Corp. filed its proxy statement. Standard procedure.

AI Summary

Keen Vision Acquisition Corp. filed a definitive proxy statement (DEF 14A) on October 7, 2024, for its fiscal year ending December 31, 2024. The company, identified by Central Index Key 0001889983, is involved in the blank checks industry (SIC code 6770) and is headquartered in Summit, NJ. This filing is a standard procedural document related to shareholder matters.

Why It Matters

This filing is a routine regulatory requirement for publicly traded companies, informing shareholders about corporate governance and upcoming decisions.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing, which typically contains standard corporate information and does not indicate new risks.

Key Numbers

  • 20241007 — Filing Date (The date the definitive proxy statement was filed with the SEC.)
  • 20241024 — Period of Report (The fiscal period the proxy statement pertains to.)

Key Players & Entities

  • Keen Vision Acquisition Corp. (company) — Registrant
  • 0001889983 (company) — Central Index Key
  • 6770 (company) — Standard Industrial Classification (Blank Checks)
  • Summit, NJ (company) — Business Address City/State

FAQ

What is the purpose of a DEF 14A filing?

A DEF 14A filing is a definitive proxy statement required by the SEC for companies to solicit proxies from shareholders for annual or special meetings, providing detailed information on matters to be voted upon.

What is Keen Vision Acquisition Corp.'s SIC code?

Keen Vision Acquisition Corp.'s Standard Industrial Classification (SIC) code is 6770, which corresponds to 'Blank Checks'.

When is Keen Vision Acquisition Corp.'s fiscal year end?

Keen Vision Acquisition Corp.'s fiscal year ends on December 31.

Where is Keen Vision Acquisition Corp. located?

Keen Vision Acquisition Corp.'s business and mailing address is 37 Greenbriar Drive, Summit, NJ 07901.

What is the filing number for this DEF 14A?

The SEC file number for this DEF 14A filing is 001-41753.

Filing Stats: 4,341 words · 17 min read · ~14 pages · Grade level 20 · Accepted 2024-10-07 16:05:16

Key Financial Figures

  • $150,000 — Trust Account the lesser of (i) $150,000 for all remaining public shares or (ii)
  • $0.03 — remaining public shares or (ii) $0.03 for each remaining public share (the &#
  • $1,495,000 — monthly extension fee in the amount of $1,495,000 for each extension. The purpose of the
  • $160,571,260.21 — x00a0;13, 2024, there was approximately $160,571,260.21 in the trust account, representing a pe
  • $10.74 — share pro rata amount of approximately $10.74. The closing price of KVAC’s sha
  • $10.76 — ;s shares on October 4, 2024 was $10.76. KVAC cannot assure shareholders that t
  • $100,000 — eposit in the Trust Account (less up to $100,000 of the net interest earned thereon to p
  • $45 — l typically charge the tendering broker $45 and the broker would determine whether

Filing Documents

From the Filing

DEF 14A 1 ea0215497-02.htm PROXY STATEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________________________________ SCHEDULE 14A (Rule 14a-101) _____________________________________ Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant   ☒ Filed by a Party other than the Registrant   Check the appropriate box:   Preliminary Proxy Statement   Confidential, for Use of the Commission Only (as permitted by Rule 14a -6 (e)(2)) ☒   Definitive Proxy Statement   Definitive Additional Materials   Soliciting Material Under Rule 14a -12 Keen Vision Acquisition Corporation (Name of Registrant as Specified In Its Charter) __________________________________________________________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒   No fee required.   Fee paid previously with preliminary materials.   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a -6 (i)(1) and 0 -11 .   Table of Contents KEEN VISION ACQUISITION CORPORATION 37 Greenbriar Drive Summit, New Jersey 07901 (203) 609-1394 NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 24, 2024 TO THE SHAREHOLDERS OF KEEN VISION ACQUISITION CORPORATION: You are cordially invited to attend the 2024 Annual General Meeting of shareholders (the “ Annual General Meeting ”) of Keen Vision Acquisition Corporation (“ KVAC ,” “ Company ,” “ we ,” “ us ” or “ our ”). The Annual General Meeting will be held:   At:   offices of Loeb & Loeb LLP, located at 2206 -19 , 1 Connaught Pl, Central, Hong Kong     On:   October 24, 2024     Time:   10:00 am local time As an annual general meeting of the Company’s shareholders, the Annual General Meeting is being held for the purpose of considering and voting upon the following proposals: 1.        a proposal to elect five directors to serve as members of the Board of Directors to hold office until the next annual meeting of shareholders or until their respective successors have been elected and qualified (the “ Proposal 1 ” or “ Election of Directors Proposal ”); 2.        a proposal to ratify the appointment of ADEPTUS PARTNERS, LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 (the “ Proposal 2 ” or “ Auditor Appointment Ratification Proposal ”); 3.        a proposal to amend the Company’s investment management trust agreement (the “ Trust Agreement ”), dated July 24, 2023 entered into by the Company and Continental Stock Transfer & Trust Company, a New York limited liability trust company, as trustee (the “ trustee ”), to provide the Company with the discretion to extend the date on which to commence liquidating the trust account (the “ Trust Account ”) established in connection with the Company’s initial public offering (the “ IPO ”) up to nine additional times, each by a period of one month (the “ Extension ”), from October 27, 2024 to July 27, 2025 by depositing into the Trust Account the lesser of (i) $150,000 for all remaining public shares or (ii) $0.03 for each remaining public share (the “ Extension Payment ”) for each one -month extension. The Trust Amendment is attached to the accompanying proxy statement as Annex A (the “ Proposal 3 ” or “ Trust Amendment Proposal ”); 4.        a proposal to amend the Company’s amended and restated memorandum and articles of association (the “ Amended and Restated Memorandum and Articles of Association ”) to extend the date by which the Company must consummate a business combination to July 27, 2025 (the “ Extended Date ”), by adopting the second amended and restated memorandum and articles of association (the “ Second Restated Memorandum and Articles ”) in their entirety in place of the Company’s existing Amended and Restated Memorandum and Articles of Association, the form of which is set fort

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