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

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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of the initial Business Combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment for share subdivisions,
share capitalizations, reorganizations, recapitalizations and the like. In the case that additional Class A Ordinary Shares, or
any other equity-linked securities, are issued or deemed issued in excess of the amounts sold in the Initial Public Offering and related
to or in connection with the closing of the initial Business Combination, the ratio at which Class B Ordinary Shares convert into
Class A Ordinary Shares will be adjusted (unless the holders of a majority of the outstanding Class B Ordinary Shares agree
to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of Class A Ordinary Shares issuable
upon conversion of all Class B Ordinary Shares will equal, in the aggregate, 25% of the sum of (i) the total number of all
Ordinary Shares outstanding upon the completion of the Initial Public Offering (including any Class A Ordinary Shares issued pursuant
to the Over-Allotment Option and excluding the securities underlying the Private Placement Units issued to the Sponsor), plus (ii) all
Class A Ordinary Shares and equity-linked securities issued or deemed issued, in connection with the closing of the initial Business
Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller in the initial Business Combination
and any private placement-equivalent units issued to the Sponsor or any of its affiliates or to the officers or directors of the Company
upon conversion of Working Capital Loans) minus (iii) any redemptions of Class A Ordinary Shares by Public Shareholders in
connection with an initial Business Combination; provided that such conversion of Founder Shares will never occur on a less than one-for-one
basis.

Holders
of record of the Ordinary Shares are entitled to one vote for each share held on all matters to be voted on by shareholders. Unless specified
in the Amended and Restated Articles or as required by the Companies Act (As Revised) of the Cayman Islands or stock exchange rules,
an ordinary resolution under Cayman Islands law and the Amended and Restated Articles, which requires the affirmative vote of at least
a majority of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy
at the applicable general meeting of the Company is generally required to approve any matter voted on by our shareholders. Approval of