Keen Vision Acquisition Corporation has issued an unsecured promissory note totaling $144,670.38 to its sponsor, KVC Sponsor LLC. The sponsor provided the funds to extend the company's timeline for completing a business combination, depositing the amount into Keen Vision's trust account. The note carries no interest and will mature upon the closing of a business combination. Additionally, the sponsor may convert the note into units of the company at a price of $10.00 per unit, mirroring the terms of Keen Vision's initial public offering.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keen Vision Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-102580), on October 27, 2025, and is solely responsible for the information contained therein.