Company: KCHVR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076631
Chunk: 19

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 2023-07”). The amendments in ASU 2023-07 require disclosures, on an annual and interim basis, of significant segment
expenses that are regularly provided to the chief operating decision maker (“CODM”), as well as the aggregate amount of other
segment items included in the reported measure of segment profit or loss. ASU 2023-07 requires that a public entity disclose the title
and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment
performance and deciding how to allocate resources. Public entities will be required to provide all annual disclosures currently required
by FASB ASC Topic 280, “Segment Reporting,” (“ASC 280”) in interim periods, and entities with a single reportable
segment are required to provide all the disclosures required by the amendments in ASU 2023-07 and existing segment disclosures in ASC
280. ASU 2023-07 is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after
December 15, 2024, with early adoption permitted. The Company adopted ASU 2023-07 on January 7, 2025 (inception).

Management does not believe that any other issued,
but not effective, accounting standards, if currently adopted, would have a material effect on the accompanying unaudited condensed financial
statements.

NOTE 3. INITIAL PUBLIC OFFERING

On May 29, 2025, the Company sold 25,300,000 Public
Units (including 3,300,000 Option Units issued pursuant to the full exercise by the underwriters of their Over-Allotment Option) at a
purchase price of $10.00 per Public Unit. Each Public Unit had an offering price of $10.00 and consists of one Public Share and one Public
Right

NOTE 4. PRIVATE PLACEMENT

Simultaneously with the closing of the Initial
Public Offering, the Sponsor purchased an aggregate of 524,050 Private Placement Units at a price of $10.00 per Private Placement Unit.
Each Private Placement Unit consists of one Private Placement Share and one Private Placement Right. The Private Placement Units are identical
to the Public Units, subject to certain limited exceptions.

If the initial Business Combination is not completed
within the Combination Period, the proceeds from the Private Placement held in the Trust Account will be used to fund the redemption of
the Public Shares (subject to