secwatch.observer — SEC 8-K summary
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Issuer:     Keen Vision Acquisition Corp. (KVAC)
CIK:        0001889983
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001213900-23-064548
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Keen Vision Acquisition Corp. closes IPO, deposits $151.4M trust; going concern noted
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- IPO of 14.95M units at $10.00/unit; gross proceeds $149.5M including full over-allotment.
- Private placement of 678,575 units to sponsor KVC Sponsor LLC yields $6.8M.
- Trust account holds $151.4M; $1.6M cash outside trust for working capital.
- Must consummate business combination by April 27, 2024; auditor raises going concern doubt.
- Balance sheet shows $1.7M accumulated deficit; deferred underwriting of $3.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889983/000121390023064548/0001213900-23-064548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889983/000121390023064548/ea182884-8k_keenvision.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-064548

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