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8-K//Current report

Keen Vision Acquisition Corp. 8-K

Accession 0001213900-26-001105

$KVACCIK 0001889983operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 4:05 PM ET

Size

290.5 KB

Accession

0001213900-26-001105

Research Summary

AI-generated summary of this filing

Updated

Keen Vision Acquisition Corp. Files Sponsor Promissory Note to Extend SPAC

What Happened Keen Vision Acquisition Corp. announced on its Form 8‑K that on December 19, 2025 it issued an unsecured promissory note for $144,670.38 to KVC Sponsor LLC (the Company’s IPO sponsor). The sponsor deposited that amount into the Company’s trust account to extend the period available to complete a business combination. The Note bears no interest and matures upon the closing of a business combination; the holder may convert the Note into the Company’s IPO-style units at $10.00 per unit.

Key Details

  • Promissory Note date: December 19, 2025; principal amount: $144,670.38.
  • Lender/holder: KVC Sponsor LLC (the Company’s initial public offering sponsor).
  • Interest and maturity: no interest; matures upon closing of a business combination.
  • Conversion: may be converted into Company units at $10.00 per unit (equivalent to roughly 14,467 units).

Why It Matters This is a common SPAC-era financing step: the sponsor provided cash to the trust to extend the SPAC’s life and continue pursuing a merger or acquisition. For investors, the filing signals that the company has temporarily extended its runway without incurring interest expense, but the note is a direct obligation of the company and could convert into additional units (potentially dilutive) if converted.