Berkley Insurance Reports Shared Voting Power Over 9.7% of KVACW

Rhea-AI Filing Summary

Keen Vision Acquisition Corporation: W. R. Berkley Corporation and its subsidiary Berkley Insurance Company each report beneficial ownership of 1,046,168 ordinary shares, representing 9.7% of the outstanding class based on the issuer's reported 10,820,727 ordinary shares outstanding. The holders disclose shared voting power and shared dispositive power over 1,046,168 shares and report zero sole voting and zero sole dispositive power.

The filers certify the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer. The disclosure is made on Schedule 13G/A by W. R. Berkley Corporation and Berkley Insurance Company.

Positive

• Significant institutional stake: Reporting persons disclose beneficial ownership of 1,046,168 shares, representing 9.7% of the class.
• Clear power disclosure: The filing specifies shared voting and shared dispositive power for 1,046,168 shares and zero sole voting or dispositive power.

Negative

• None.

Insights

Financial Analyst

Institutional stake of 9.7% by W. R. Berkley is material but not controlling; watch for potential influence.

The reported 1,046,168-share position equals a meaningful minority stake in the issuer (9.7% of the reported 10,820,727 shares outstanding). Because the filing shows shared rather than sole voting or dispositive power, the position is significant for ownership concentration but does not indicate unilateral control. The Schedule 13G/A classification and the filers' certification that holdings are in the ordinary course of business suggest a passive institutional stake rather than an activist intent.

Corporate Governance Expert

Shared voting and dispositive power over 9.7% creates governance relevance without clear control intent.

The disclosure that both W. R. Berkley Corporation and Berkley Insurance Company hold 1,046,168 shares with shared voting and dispositive power signals a concentrated institutional holding that could influence certain shareholder outcomes when combined with other holders. The explicit certification that the securities are not held to change control reduces immediate takeover concerns, but the stake is large enough to matter for board and governance votes if aligned with other shareholders.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Keen Vision Acquisition Corporation

(Name of Issuer)

Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

G52443119

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G52443119

1

Names of Reporting Persons

W. R. Berkley Corporation

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,046,168.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,046,168.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,046,168.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.7 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. G52443119

1

Names of Reporting Persons

Berkley Insurance Company

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,046,168.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,046,168.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,046,168.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.7 %

12

Type of Reporting Person (See Instructions)

IC, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Keen Vision Acquisition Corporation
(b)	Address of issuer's principal executive offices: 37 Greenbriar Drive, Summit, NJ 07901
Item 2.
(a)	Name of person filing: The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(b)	Address or principal business office or, if none, residence: The address of each Reporting Person is: 475 Steamboat Road Greenwich, CT 06830
(c)	Citizenship: The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.
(d)	Title of class of securities: Ordinary Shares, par value $0.0001 per share
(e)	CUSIP No.: G52443119
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. Calculation of the ownership percentage set forth in Row 11 is based on the Issuer's proxy statement filed July 3, 2025, which states that the Issuer had outstanding 10,820,727 ordinary shares as of June 27, 2025.
(b)	Percent of class:
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote:
	(ii) Shared power to vote or to direct the vote:
	(iii) Sole power to dispose or to direct the disposition of:
	(iv) Shared power to dispose or to direct the disposition of:
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.1.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

W. R. Berkley Corporation

Signature:	By: /s/ Richard M. Baio
Name/Title:	Richard M. Baio, Executive Vice President and Chief Financial Officer
Date:	08/08/2025

Berkley Insurance Company

Signature:	By: /s/ Richard M. Baio
Name/Title:	Richard M. Baio, Executive Vice President and Treasurer
Date:	08/08/2025

FAQ

What stake does W. R. Berkley report in KVACW?

W. R. Berkley Corporation and Berkley Insurance Company report beneficial ownership of 1,046,168 shares, equal to 9.7% of the class.

Who are the reporting entities on the Schedule 13G/A for KVACW?

The reporting entities are W. R. Berkley Corporation and Berkley Insurance Company.

Does the filing indicate sole or shared voting power over the shares?

The filing reports shared voting power and shared dispositive power for 1,046,168 shares and 0 sole voting or dispositive power.

How was the 9.7% ownership percentage calculated?

The percentage is based on the issuer's reported outstanding ordinary shares of 10,820,727 and the filers' beneficial ownership of 1,046,168 shares.

Were the securities acquired to influence control of the issuer?

No. The filers certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.