Keen Vision Acquisition Corp. 8-K

What Happened Keen Vision Acquisition Corp. filed an 8-K reporting that on July 27, 2026 it received a Nasdaq notice that its securities will be suspended and removed from The Nasdaq Global Market for failure to meet listing requirements. Nasdaq cited non-compliance with the SPAC 36-month completion rule (IM-5101-2), and shortfalls in the minimum publicly held shares (1,100,000) and minimum total holders (400). Trading is scheduled to be suspended at the opening of business on August 3, 2026, and the Company will not appeal Nasdaq’s delisting decision.

Key Details

• Notice received: July 27, 2026; trading suspension effective at open on August 3, 2026.
• Nasdaq rules cited: IM-5101-2 (36-month SPAC deadline), Listing Rule 5450(b)(2)(B) (1,100,000 publicly held shares), Listing Rule 5450(a)(2) (minimum 400 holders).
• Company will allow Nasdaq’s Form 25-NSE removal filing and will not seek a hearing or appeal.
• Upon delisting, the Company’s securities are expected to trade over-the-counter (OTC); the Company intends to apply to re-list on Nasdaq in connection with closing a potential business combination.

Why It Matters Delisting changes where and how shareholders can trade Keen Vision’s units, ordinary shares and warrants—moving from Nasdaq to OTC markets typically reduces liquidity and can affect price discovery. The cited compliance failures reflect that the SPAC did not complete a business combination within the regulatory timeframe and lacks required public float and holder counts. Investors should be aware of the August 3, 2026 suspension date and monitor any disclosures about the Company’s planned business combination or efforts to re-list.