Keen Vision Acquisition Corporation filed a Form 8-K on November 2, 2026, disclosing that it issued a $30,000 unsecured promissory note to its sponsor on October 27, 2026, and extended its business combination deadline to January 27, 2027.

Key Highlights

  • Promissory note issued: The company issued an unsecured promissory note in the aggregate principal amount of $30,000 to KVC Sponsor LLC on October 27, 2026.
  • Trust account deposit: The sponsor deposited $30,000 into the company's trust account to fund the extension.
  • No interest: According to the filing, the note does not bear interest.
  • Maturity: The note matures upon the closing of a business combination by the company.
  • Conversion option: The note may be converted by the holder into units identical to those issued in the company's initial public offering at a price of $10.00 per unit.
  • Deadline extended: The business combination period has been extended to January 27, 2027.

Keen Vision Issues Sponsor Note to Extend Business Combination Window

According to the filing, Keen Vision Acquisition Corporation, incorporated in the British Virgin Islands and headquartered in Summit, New Jersey, entered into a promissory note arrangement with KVC Sponsor LLC, described in the filing as the company's initial public offering sponsor. The note, dated October 27, 2026, carries a principal amount of $30,000 and was issued in exchange for the sponsor depositing that same amount into the company's trust account.

The filing discloses that the note does not bear interest and that repayment is due upon the closing of a business combination. The holder of the note also holds the option to convert it into units of the company, with those units described as identical to the units issued in the company's initial public offering, at a conversion price of $10.00 per unit. The filing does not specify a fixed maturity date independent of the business combination closing.

Separately, under Item 8.01, the company disclosed that the business combination period has been extended to January 27, 2027, with the $30,000 trust account deposit on October 27, 2026, serving as the mechanism for that extension. The filing notes that securities registered pursuant to Section 12(b) of the Act are listed as "None." The report was signed by Chief Executive Officer WONG, Kenneth KC.

What Was Disclosed

Keen Vision Acquisition Corporation disclosed the issuance of a $30,000 non-interest-bearing promissory note to KVC Sponsor LLC, the deposit of those funds into the company's trust account, and the resulting extension of the business combination deadline to January 27, 2027.