Keen Vision Acquisition Registers for $130M IPO

Keen Vision Acquisition today in an S-1 filing announced plans to offer 13 million units at $10 each. This marks the first new SPAC IPO registration in two months.

A unit consists of one ordinary 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. 

EF Hutton and Brookline Capital Markets are joint bookrunners on the deal.

The SPAC said it has applied for a Nasdaq listing but has not yet selected a ticker symbol. Read more.

 

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