Kochav Defense Acquisition Corp.’s (NASDAQ:KCHVU) Lock-Up Period To Expire on November 24th

Kochav Defense Acquisition’s (NASDAQ:KCHVU) lock-up period is set to end on Monday, November 24th. Kochav Defense Acquisition had issued 22,000,000 shares in its public offering on May 28th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. After the end of Kochav Defense Acquisition’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Kochav Defense Acquisition Trading Up 0.2%

KCHVU opened at $10.40 on Wednesday. The firm’s fifty day moving average is $10.36. Kochav Defense Acquisition has a 52-week low of $9.99 and a 52-week high of $10.75.

Institutional Investors Weigh In On Kochav Defense Acquisition

Institutional investors have recently bought and sold shares of the company. JPMorgan Chase & Co. acquired a new position in shares of Kochav Defense Acquisition during the second quarter valued at approximately $153,000. Boothbay Fund Management LLC acquired a new stake in shares of Kochav Defense Acquisition in the second quarter worth approximately $478,000. BCK Capital Management LP purchased a new stake in shares of Kochav Defense Acquisition during the second quarter worth approximately $509,000. Warberg Asset Management LLC acquired a new position in Kochav Defense Acquisition in the 2nd quarter valued at $796,000. Finally, StoneX Group Inc. purchased a new position in Kochav Defense Acquisition in the 2nd quarter valued at $1,272,000.

About Kochav Defense Acquisition

We are a newly organized blank check company originally formed as Cayman Islands exempted company on January 7, 2025 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.