Karpus discloses 3.18% Keen Vision (KVAC) ownership stake
Rhea-AI Filing Summary
Karpus Management, Inc. filed an amended Schedule 13G reporting its beneficial ownership of 294,134 common shares of Keen Vision Acquisition Corp., representing 3.18% of the class. The shares are owned by accounts managed by Karpus, a New York-based registered investment adviser.
Karpus states the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Keen Vision. Karpus has sole voting and dispositive power over these shares and reports ownership of five percent or less of the class.
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FAQ
What ownership stake in Keen Vision Acquisition Corp. does Karpus Management report?
Karpus Management reports beneficial ownership of 294,134 common shares, representing 3.18% of Keen Vision Acquisition Corp.’s class. These shares are held in accounts it manages, with Karpus having sole voting and dispositive power, according to the Schedule 13G/A amendment.
Who is the reporting person in the Keen Vision (KVAC) Schedule 13G/A filing?
The reporting person is Karpus Management, Inc., doing business as Karpus Investment Management. It is a New York corporation and a registered investment adviser under the Investment Advisers Act of 1940, managing client accounts that directly own the reported Keen Vision shares.
Does Karpus intend to influence control of Keen Vision Acquisition Corp.?
Karpus certifies the Keen Vision securities were acquired and are held in the ordinary course of business, not to change or influence control. The filing states they are not held in connection with any control-related transaction, except activities solely related to a nomination under Rule 14a-11.