Kochav Defense Acquisition closes $253 million IPO of 25.3 million units
Kochav Defense Acquisition Corp., a blank check company, closed its initial public offering on May 29, 2025, selling 25,300,000 units at $10.00 each for gross proceeds of $253 million, including the full exercise of the underwriters' over-allotment option. The full $253 million was placed in a U.S.-based trust account, and the company must complete an initial business combination within a set period or return the trust funds to public shareholders.
Key points
- 25,300,000 units sold at $10.00 each, including 3,300,000 over-allotment units, for gross proceeds of $253,000,000 on May 29, 2025
- Private placement of 524,050 units to the sponsor at $10.00 each, for gross proceeds of $5,240,500
- $253,000,000 placed in a trust account maintained by Continental Stock Transfer & Trust Company
- Company has 18 months to complete a business combination, extendable twice by three months each, for a total of 24 months
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.