Company: KCHVR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076631
Chunk: 75

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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 The CODM reviews
dividends earned on investments held in Trust Account to measure and monitor shareholder value and determine the most effective strategy
of investment with the Trust Account funds while maintaining compliance with the Investment Management Trust Agreement, dated May 27,
2025, by and between the Company and Continental. General and administrative costs are reviewed and monitored by the CODM to manage and
forecast cash to ensure enough capital is available to complete a Business Combination within the Combination Period. The CODM also reviews
general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements
and budget.

NOTE 10. SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions
that occurred after the accompanying unaudited condensed balance sheet date through the date that the accompanying unaudited condensed
financial statements was issued. Based upon this review, other than as noted below, the Company did not identify any subsequent events
that would have required adjustment or disclosure in the financial statements.

On July 16, 2025, the Company announced that,
commencing on July 21, 2025, the holders of Public Units may elect to separately trade the Public Shares and the Public Rights. Any Public
Units not separated will continue to trade on the Global Market tier of The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol
“KCHVU.” The Public Shares and the Public Rights now trade on the Global Market tier of the Nasdaq under the symbols “KCHV”
and “KCHVR,” respectively.

17

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations.

Cautionary Note Regarding Forward-Looking Statements

All statements other than statements of historical
fact included in this Report including, without limitation, statements under this Item regarding our financial position, business strategy
and the plans and objectives of Management for future operations, are forward-looking statements. When used in this Report, words such
as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions,
as they relate to us or our Management, identify forward-looking statements. Such forward-looking statements are based on the beliefs
of our Management, as well as assumptions made by, and information currently available to, our Management. Actual results could differ
materially from those contemplated by the forward-looking statements as a result of certain factors detailed in our filings with the SEC.
All subsequent written or oral forward-looking statements attributable to us or