Company: KCHVR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076631
Chunk: 70

Company: Kochav Defense Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 70
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0.0001 each. As of June 30, 2025, there were no preference shares issued or outstanding.

Class A Ordinary Shares

The Company is authorized to issue a total of
200,000,000 Class A Ordinary Shares. As of June 30, 2025, there were 524,050 Class A Ordinary Shares issued and outstanding,
excluding 25,300,000 Public Shares subject to possible redemption.

Class B Ordinary Shares

The Company is authorized to issue a total of
20,000,000 Class B Ordinary Shares. As of June 30, 2025, there were 8,433,333 Class B Ordinary Shares issued and outstanding.

The Founder Shares will automatically convert
into Class A Ordinary Shares concurrently with or immediately following the consummation of the initial Business Combination or earlier
at the option of the holder on a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations,
recapitalizations and the like. In the case that additional Class A Ordinary Shares, or any other equity-linked securities, are issued
or deemed issued in excess of the amounts sold in the Initial Public Offering and related to or in connection with the closing of the
initial Business Combination, the ratio at which Class B Ordinary Shares convert into Class A Ordinary Shares will be adjusted
(unless the holders of a majority of the outstanding Class B Ordinary Shares agree to waive such adjustment with respect to any such
issuance or deemed issuance) so that the number of Class A Ordinary Shares issuable upon conversion of all Class B Ordinary
Shares will equal, in the aggregate, 25% of the sum of (i) the total number of all Ordinary Shares outstanding upon the completion
of the Initial Public Offering (including any Class A Ordinary Shares issued pursuant to the Over-Allotment Option and excluding
the securities underlying the Private Placement Units issued to the Sponsor), plus (ii) all Class A Ordinary Shares and equity-linked
securities issued or deemed issued, in connection with the closing of the initial Business Combination (excluding any shares or equity-linked
securities issued, or to be issued, to any seller in the initial Business Combination and any private placement-equivalent units issued
to the Sponsor or any of its affiliates or to the officers or directors of the Company upon conversion of Working Capital Loans) minus
(iii) any redemptions of Class A Ordinary Shares by Public Share