KEEN VISION ACQUISITION CORPORATION
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- sustainability
- environmental, social, and corporate governance (ESG)
Climate Goals & Targets
Environmental Challenges
- Risks Associated with Our Search for, and Consummation of or Inability to Consummate a Business Combination
- Risks Relating to Our Securities
- Risks Relating to Acquiring a Company with Operations in China
- General Risk Factors
- Risks Associated with Acquiring and Operating a Business Outside of the United States
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- sustainability
- environmental, social, and corporate governance (ESG)
Climate Goals & Targets
Environmental Challenges
- perceived ties to China may make the company a less attractive partner to non-China-based target companies
- potential limitations or negative impacts on the search for an initial business combination due to ties to China
- potential for increased likelihood of consummating a business combination with a China-based company due to perceived ties to China
- potential difficulties for U.S. investors to enforce legal rights against officers and directors located outside the U.S.
- risks associated with operating in China, including vague and uncertain laws and regulations
- potential government intervention or influence on operations post-business combination
- uncertainty about future actions of the PRC government
- potential sanctions from PRC regulatory agencies
- restrictions on dividend payments following a business combination with a China-based company
- governmental control of currency conversion
- PRC withholding tax on dividends paid to overseas shareholders
- potential difficulties in enforcing legal rights against officers and directors located outside the U.S.
Mitigation Strategies
- The company will not undertake its initial business combination with any PRC entity with a variable interest entity (VIE) structure.