Kochav Defense Acquisition Corp. (NASDAQ: KCHV; rights: KCHVR) is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Incorporated in the Cayman Islands in January 2025 and headquartered at 575 Fifth Avenue, 14th Floor, New York, New York, the company focuses its acquisition efforts primarily on the defense and aerospace industries, though it may pursue targets in any sector or geography. It currently has no operating businesses or revenue-generating products and services, instead holding cash proceeds from its initial public offering and private placement in trust pending a business combination.
In May 2025, Kochav Defense Acquisition Corp. completed a $253 million initial public offering of 25.3 million units at $10.00 each on the Nasdaq Global Market under the ticker "KCHVU," including the full exercise of the underwriters' over-allotment option for 3.3 million additional units; each unit consists of one Class A ordinary share and one right to receive one-seventh of one Class A ordinary share upon consummation of an initial business combination. SPAC Advisory Partners LLC served as sole book-running manager, with Loeb & Co. providing legal representation to the sponsor. Separate trading of the Class A ordinary shares under "KCHV" and rights under "KCHVR" commenced on July 21, 2025. The company also conducted a concurrent private placement of 524,050 sponsor units, generating $5.24 million in additional proceeds. As of late 2025, no business combination target has been announced or pursued.