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Keen Vision Acquisition Corporation ( (KVAC) ) has shared an announcement.
On July 22, 2025, Keen Vision Acquisition Corporation (KVAC) held an extraordinary shareholders meeting where shareholders approved amendments to extend the Business Combination Period. The amendments allow KVAC to extend this period from July 27, 2025, to January 27, 2026, by depositing $0.03 per public share for each month extended. This decision was supported by a significant majority of shareholders, with 8,213,544 votes in favor and only 11 abstentions. Additionally, KVAC issued a promissory note to its sponsor, KVC Sponsor LLC, for $144,670.38 to fund the extension, which can be converted into company units. This move reflects KVAC’s strategic efforts to secure more time for potential business combinations, impacting its operational timeline and stakeholder expectations.
More about Keen Vision Acquisition Corporation
Average Trading Volume: 6,301
Technical Sentiment Signal: Buy
Learn more about KVAC stock on TipRanks’ Stock Analysis page.