Company: KCHVR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109292
Chunk: 63

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 63
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 by the weighted average Ordinary Shares
outstanding for the respective period.

11

KOCHAV
DEFENSE ACQUISITION CORP.

NOTES
TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

SEPTEMBER
30, 2025

At
September 30, 2025, the calculation of diluted net income per Ordinary Share does not consider the effect of the Rights in the calculation
of diluted income per Ordinary Share because their exercise is contingent upon future events. Accretion associated with the redeemable
Class A Ordinary Shares is excluded from earnings per share as the redemption value approximates fair value. At September 30, 2025, the
Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into Ordinary Shares
and then share in the earnings of the Company.

The
following tables present a reconciliation of the numerator and denominator used to compute basic and diluted net income per Ordinary
Share for each class of Ordinary Share:

    For the Three Months Ended September 30, 
2025  
    For the  Period from 
    January 7, 2025 
(Inception) Through September 30, 
2025 

    Redeemable Class A  
    Non-redeemable Class A and Class B  
    Redeemable Class A  
    Non-redeemable Class A and Class B 
  
    Basic net income per Ordinary Share 

    Numerator: 

    Allocation of net income 
    $1,790,223  
    $633,823  
    $1,901,292  
    $1,299,195 
  
    Denominator: 

    Basic weighted average Ordinary Shares outstanding 
     25,300,000  
     8,957,383  
     11,844,569  
     8,093,656 
  
    Basic net income per Ordinary Share 
    $0.07  
    $0.07  
    $0.16  
    $0.16 

    For the Three Months Ended September 30, 
2025  
    For the  Period from 
    January 7, 2025 
(Inception) Through September 30, 
2025 

    Redeemable Class A  
    Non-redeemable Class A and Class B  
    Redeemable Class A  
    Non-redeemable