Company: KCHVR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109292
Chunk: 71

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 71
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 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
certain actions requires a special resolution under Cayman Islands law, which (except as specified below) requires the affirmative vote
of at least two-thirds 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 (a “Special Resolution”), and pursuant to the Amended and Restated Articles, such
actions include amending the Amended and Restated Articles and approving a statutory merger or consolidation with another company. There
is no cumulative voting with respect to the appointment of directors, meaning, following an initial Business Combination, the holders
of more than 50% of the Ordinary Shares voted for the appointment of directors can elect all of the directors. Prior to the consummation
of the initial Business Combination, only holders of the Class B Ordinary Shares have the right to vote on (i) the appointment and
removal of directors and (ii) continuing the Company in a jurisdiction outside the Cayman Islands (including any Special Resolution required
to amend the constitutional documents or to adopt new constitutional documents, in each case, as a result of the Company approving a
transfer by way of continuation in a jurisdiction outside the Cayman Islands). Holders of the Class A Ordinary Shares are not entitled
to vote on these matters during such time. These provisions of the Amended and Restated Articles may only be amended if approved by a
Special Resolution passed by the affirmative vote of at least 90% (or, where such amendment is proposed in respect of the consummation
of the initial Business Combination, two-thirds) of the votes cast by such shareholders as, being entitled to do so, vote in person