NOTE 9 – SUBSEQUENT EVENTS

In accordance with ASC Topic 855, Subsequent Events, which establishes general standards of accounting for and disclosure of events that occur after the unaudited condensed consolidated balance sheet date, the Company has evaluated all events or transactions that occurred after the unaudited condensed consolidated balance sheet date.

On July 21, 2026, the Company entered into an amendment to the Investment Management Trust Agreement, with Continental Stock Transfer & Trust Company (the “Trust Amendment VI”). Pursuant to the Trust Amendment VI, the Company has the right to extend the time for KVAC to complete its business combination (the “Business Combination Period”) under the Trust Agreement VI for a period of twelve months from July 27, 2026 to July 27, 2027, by depositing into the Trust Account $30,000 for all remaining public shares (the “Extension Payment”) for each three-month extension.

On July 21, 2026, in connection with the stockholders’ vote at the Annual Meeting, 913,666 shares were redeemed.

On July 24, 2026, the Company deposited in an amount of $30,000 into the Trust Account in order to extend the amount of available time to complete a business combination until October 27, 2026.

On August 3, 2026, the Company was suspended and delisted from the Nasdaq Global Market, subsequently, its securities started trading on the over-the-counter (OTC) market under the ticker symbol “KVACF”.