Keen Vision Acquisition priced its initial public offering of 13 million units at $10 each.
The units list on the Nasdaq and began trading today under the ticker symbol KVACU. Each consists of one share and a warrant.
Keen Vision intends to focus on opportunities in biotechnology, consumer goods, or agriculture, which are evaluated based on sustainability and ESG imperatives.
The SPAC is led by Chairman and CEO Kenneth Wong, the founder, chairman and CEO of both Keen Vision Capital (BVI) Limited, a single-family office specializing in PE investments with minority stakes, which has a track record of exits in the high technology, agriculture, and consumer goods industries, and Keen Vision International Limited, a PE investment firm targeting controlling or majority stakes.
Once the securities begin separate trading, shares and warrants are expected to list under the symbols KVAC and KVACW.
EF Hutton and Brookline Capital Markets are joint book-running managers for the offering.
