Company: KCHVR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076631
Chunk: 68

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 68
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inception)
through June 30, 2025, $22,900 was incurred in this service and was netted with an amount due from Sponsor on the accompanying condensed
unaudited condensed balance sheet.

Working Capital Loans

In order to finance transaction costs in connection
with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may,
but are not obligated to, loan the Company Working Capital Loans as may be required. If the Company completes a Business Combination,
the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion
of the working capital held outside the Trust Account to repay the Working Capital Loans, but no proceeds from the Trust Account would
be used to repay the Working Capital Loans. Up to $1,500,000 of such Working Capital Loans may be convertible into units of the post-Business
Combination entity at a price of $10.00 per unit at the option of the lender. As of June 30, 2025, no such Working Capital Loans were
outstanding.

NOTE 6. COMMITMENTS AND CONTINGENCIES RISKS
AND UNCERTAINTIES

Risks and Uncertainties

The Company’s ability
to complete an initial Business Combination may be adversely affected by various factors, many of which are beyond the Company’s
control. The Company’s ability to consummate an initial Business Combination could be impacted by, among other things, changes in
laws or regulations, downturns in the financial markets or in economic conditions, inflation, fluctuations in interest rates, increases
in tariffs, supply chain disruptions, declines in consumer confidence and spending, public health considerations, and geopolitical instability,
such as the military conflicts in Ukraine and the Middle East. The Company cannot at this time predict the likelihood of one or more of
the above events, their duration or magnitude or the extent to which they may negatively impact the Company’s ability to complete
an initial Business Combination.

Registration Rights

The holders of Founder Shares, Private Placement
Units (and their underlying securities) and units (and their underlying securities) that may be issued upon conversion of Working Capital
Loans, if any, and any Class A Ordinary Shares issuable upon conversion of the Founder Shares and any Class A Ordinary Shares held by
the Company’s initial shareholders at the completion of the Initial Public Offering or acquired prior to or in connection with the
initial Business Combination, are entitled to registration rights