Keen Vision Acquisition Corp. (KVAC) Form 8-K — Jul 27, 2026
Shareholders approved extending the deadline to complete a business combination from July 27, 2026, to July 27, 2027, permitting up to four three-month extensions. To fund the initial extension to October 27, 2026, the Company issued a $30,000 unsecured promissory note to its Sponsor, KVC Sponsor LLC. In connection with the Extraordinary Meeting held on July 21, 2026, 935,966 public shares were tendered for redemption. The Company has deposited the initial $30,000 payment into the Trust Account to secure the first three-month extension period.
Key figures
- Quorum Shares
- 5227979
- Note Principal
- 30000
- Extension Payment
- 30000
- Shares Outstanding
- 5506521
- Note Conversion Price
- 10
- Shares Tendered For Redemption
- 935966
- New Deadline
- July 27, 2027
- Initial Extension Deadline
- October 27, 2026
- Extension Periods Available
- 4
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