Company: KCHVR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076631
Chunk: 2

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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 Class A and Class B Ordinary Shares outstanding – Diluted 
     8,623,373  
     8,532,154 
  
    Diluted net income per Non-redeemable Class A and Class B Ordinary Shares 
    $0.05  
    $0.06 

    (1)
    Includes up to 1,100,000 Class B Ordinary Shares that were subject to forfeiture if the Over-Allotment Option was not exercised in full or in part by the underwriters (see Note 5). On May 29, 2025, the Company consummated the Initial Public Offering of 25,300,000 Public Units at $10.00 per Public Unit, which included the full exercise of the Over-Allotment Option; consequently, such 1,100,000 Founder Shares are no longer subject to forfeiture.
  
    (2)
    On April 3, 2025, the Company issued an additional 4,598,333 Founder Shares to the Sponsor in a share capitalization, resulting in the Sponsor holding an aggregate of 8,433,333 Founder Shares.

The accompanying notes are an integral part of
the unaudited condensed financial statements.

2

KOCHAV DEFENSE ACQUISITION CORP.

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’
DEFICIT

FOR THE THREE MONTHS ENDED JUNE 30, 2025 AND FOR THE PERIOD

FROM JANUARY 7, 2025 (INCEPTION) THROUGH JUNE 30, 2025

(UNAUDITED)

    Class A
    Ordinary Shares  
    Class B
    Ordinary Shares  
    Additional Paid-in  
    Accumulated  
    Total Shareholders’ 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance – January 7, 2025 (inception) 
     —  
    $—  
     —  
    $—  
    $—  
    $—  
    $— 

    Issuance
    of Class B Ordinary Shares to Sponsor(1) (2) 
     —  
     —  
     8,433,333  
     844  
     24,156  
     —  
     25,000