Company: KCHVR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109292
Chunk: 41

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 the quarterly period covered by this Report. However, simultaneously with the closing
of the Initial Public Offering and pursuant to the Private Placement Units Purchase Agreement, we completed the sale of an aggregate
of 524,050 Private Placement Units to our Sponsor in the Private Placement at a purchase price of $10.00 per Private Placement Unit,
generating gross proceeds to us of $5,240,500. The Private Placement Units (and underlying securities) are identical to the Public
Units (and underlying securities), except as otherwise disclosed in the IPO Registration Statement. No underwriting discounts or commissions
were paid with respect to such sale. The issuance of the Private Placement Units was made pursuant to the exemption from registration
contained in Section 4(a)(2) of the Securities Act.

Use
of Proceeds

There
were no offerings of registered securities and therefore no planned use of proceeds from such offerings during the quarterly period covered
by this Report. For a description of the use of proceeds
generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our 2025 Q2 Form 10-Q. There has been no material
change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration Statement.
The specific investments in our Trust Account may change from time to time.

To
mitigate the risk that we might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases
the longer that we hold investments in the Trust Account, we may, at any time, (based on our Management Team’s ongoing assessment
of all factors related to our potential status under the Investment Company Act) instruct the Continental to liquidate the investments
held in the Trust Account and instead to hold the funds in the Trust Account in cash or in an interest-bearing demand deposit account
at a bank.

27

Purchases
of Equity Securities by the Issuer and Affiliated Purchasers

There
were no repurchases of our equity securities by us or an affiliate during the quarterly period covered by this Report.

Item
3. Defaults Upon Senior Securities.

None.

Item
4. Mine Safety Disclosures.

Not
applicable.

Item
5. Other Information.

Trading
Arrangements

During
the quarterly period ended September 30, 2025, none of our directors or officers (as defined in Rule 16a-1(f) promulgated under
the Exchange Act) adopted or terminated