Keen Vision extends business combination deadline to July 2025; 8.5M shares redeemed

Keen Vision Acquisition Corp.

Shareholders approved extending the business combination deadline from Oct 27, 2024 to July 27, 2025 via monthly $200k deposits.
Sponsor deposited the first $200k, extending the deadline to Nov 27, 2024; a promissory note for that amount was issued to the sponsor.
8,545,348 shares were tendered for redemption, representing ~44% of outstanding shares, reflecting significant shareholder exit.
Note is unsecured, bears no interest, and is convertible into units at $10/unit upon closing of a business combination.

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