Company: KCHVR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076631
Chunk: 85

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 Such agreements include
the (i) Underwriting Agreement, (ii) the Letter Agreement, (iii) the Registration Rights Agreement, (iii) the Private Placement Units
Purchase Agreement and (iv) the Administrative Services Agreement. These agreements contain various provisions that our Public Shareholders
might deem to be material. For example, our Letter Agreement and the Underwriting Agreement contain certain lock-up provisions with respect
to the Founder Shares and other securities held by our Sponsor, officers and directors, subject to certain exceptions. Amendments or waivers
to such agreements would require the consent of the applicable parties thereto and, in certain cases, the consent of the underwriters
of the Initial Public Offering. Any such modification, such as an amendment to shorten lock-up restrictions, may benefit our Sponsor,
officers and/or directors. Any such amendments would not require approval from our shareholders, may result in the completion of our initial
Business Combination that may not otherwise have been possible, and may have an adverse effect on the value of an investment in our securities.
For example, although we would not amend lock-up provisions to permit securities held by our Sponsor to be freely sold prior to our initial
Business Combination, we may amend such provisions to permit them to be freely sold after the Business Combination earlier than they would
otherwise be permitted, which may have an adverse effect on the price of our securities.

23

Market conditions, economic uncertainty
or downturns could adversely affect our business, financial condition, operating results and our ability to consummate a Business Combination.

In recent years, the United States and other markets
have experienced cyclical or episodic downturns, and worldwide economic conditions remain uncertain, including as a result of the COVID-19
pandemic, supply chain disruptions, the Ukraine-Russia conflict, conflict in the Middle East, instability in the U.S. and global banking
systems, rising fuel prices, increasing interest rates or foreign exchange rates and high inflation and the possibility of a recession.
A significant downturn in economic conditions may make it more difficult for us to consummate a Business Combination.

We cannot predict the timing, strength, or duration
of any future economic slowdown or any subsequent recovery generally, or in any industry. If the conditions in the general economy and
the markets in which we operate worsen from present levels, our business, financial condition, operating results and our ability to consummate
a Business Combination could be adversely affected.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

Unregistered Sales