Keen Vision Acquisition Corporation has entered into a new financing agreement with its sponsor, KVC Sponsor LLC. On November 18, 2025, the company issued an unsecured promissory note for $144,670.38 to the sponsor. The funds were deposited into Keen Vision's trust account to extend the timeframe for completing a business combination. The note carries no interest and will mature upon the closing of a business combination. Additionally, the sponsor may choose to convert the note into units of the company at a price of $10.00 per unit, matching the terms of the units issued in 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: 0001213900-25-114119), on November 24, 2025, and is solely responsible for the information contained therein.