debt
confidence high
sentiment neutral
materiality 0.50
SPAC Keen Vision extends business combination deadline to June 27, 2025 with $200K sponsor note
Keen Vision Acquisition Corp.
- Issued $200,000 unsecured promissory note to sponsor KVC Sponsor LLC on May 20, 2025.
- Funds deposited into trust to extend business combination deadline to June 27, 2025.
- Note is non-interest bearing, matures upon business combination, convertible into units at $10 each.
- If no business combination by June 27, note terminates and no amounts due.
- Note may be converted into units identical to those issued in the IPO at $10 per unit.
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