Keen Vision Acquisition Corp. 8-K

What Happened
Keen Vision Acquisition Corporation (the Parent) announced it entered into a binding letter of intent (LOI) with Medera Inc. (the Company) and Novoheart Group Limited (NVH), a wholly owned Novoheart subsidiary, to replace a prior Merger Agreement. The prior Merger Agreement dated September 3, 2024 was terminated by mutual release when the LOI was executed. Under the LOI the parties agreed to use their best efforts to negotiate and execute a Replacement Merger Agreement; the original execution deadline of April 10, 2026 was extended to April 30, 2026 by an LOI amendment dated April 14, 2026.

Key Details

• Parties: Keen Vision Acquisition Corporation (Parent, BVI), Medera Inc. (Company, Cayman), Novoheart Group Limited (NVH, BVI, wholly owned subsidiary).
• Prior agreement: Merger Agreement dated September 3, 2024 was terminated concurrently with execution of the LOI.
• Replacement deal timeline: LOI required execution of a Replacement Merger Agreement by April 10, 2026; amended April 14, 2026 to extend deadline to April 30, 2026.
• Commitment level: Parties agreed to use their "best efforts" to negotiate and execute the Replacement Merger Agreement.

Why It Matters
This filing signals that the proposed business combination remains under negotiation but is not yet finalized; the LOI replaces the prior merger agreement and provides a short extension for completing a definitive agreement. For investors, the update affects the timing and certainty of the potential merger—further SEC filings will be needed to disclose the definitive agreement terms, financing, required shareholder approvals, and any material changes. Monitor subsequent 8-Ks for the executed Replacement Merger Agreement or further extensions.