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Recent Updates — KCHV
October 28, 2026View Source ↗
Kochav Defense Acquisition Corp.'s sponsor, Kochav Sponsor LLC, has updated the terms of a proposed extension to the deadline for completing an initial business combination by agreeing to contribute cash to the company's trust account. If shareholders approve the extension at the extraordinary general meeting on November 13, 2026, the sponsor will deposit $0.06 per non-redeemed public share for the first three months (capped at $300,000) and $0.02 per share monthly thereafter (capped at $100,000). The sponsor also intends to convert 8,433,332 Class B ordinary shares into Class A ordinary shares upon approval. Kochav Defense Acquisition Corp. is a blank check company focused on acquiring businesses in the defense and aerospace industries.