Kochav Defense Acquisition Corp. (KCHVU) Prices $220M IPO

Kochav Defense Acquisition Corp. (NASDAQ:KCHVU) announced the pricing of its $220 million IPO and its units began trading on the Nasdaq under the symbol “KCHVU”, Wednesday, May 28, 2025.

The new SPAC plans to combine with a target company in the aerospace or defense sectors that has a consistent track record of financial performance.

Kochav Defense’s management team is led by Chief Executive Officer Menachem Shalom and Chief Financial Officer Asaf Yarkoni. The Board also includes Doron Dovrat, Yair Ramati and Gill Zaphrir.

Total SPAC deal count for 2025 year-to-date is now 51. This offering is expected to close on Thursday, May 29, 2025.

SPAC Advisory Partners, a division of Kingswood Capital partners LLC, is acting as sole book-running manager in the offering. Ellenoff, Grossman & Schole LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.