Kenn Vision Acquisition in a regulatory filing said Professor Ronald Adolphus Li resigned from his positions as a director and from positions on the Audit, Compensation and Nominating committees, effective immediately. Professor Li’s resignation is not as a result of any disagreement with the Company relating to its operations, policies or practices, the SPAC said.
The Keen Vision board appointed William Chu as a director, including positions as a member on the Audit and the Compensation committee, as well as chairman of the Nominating committee.
The SPAC raised $130 million in a July IPO. Keen Vision is focused 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. Read more.
