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

Kochav Defense Acquisition’s (NASDAQ:KCHVU) lock-up period will expire on Monday, November 24th. Kochav Defense Acquisition had issued 22,000,000 shares in its IPO on May 28th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.

Kochav Defense Acquisition Stock Performance

KCHVU stock opened at $10.38 on Monday. The company’s 50-day moving average is $10.36. Kochav Defense Acquisition has a twelve month low of $9.99 and a twelve month high of $10.75.

Hedge Funds Weigh In On Kochav Defense Acquisition

Several large investors have recently made changes to their positions in the business. Wolverine Asset Management LLC purchased a new position in Kochav Defense Acquisition in the 2nd quarter worth approximately $4,992,000. BCK Capital Management LP purchased a new stake in Kochav Defense Acquisition during the 2nd quarter valued at approximately $509,000. Linden Advisors LP bought a new stake in shares of Kochav Defense Acquisition during the second quarter valued at approximately $14,245,000. Berkley W R Corp purchased a new position in shares of Kochav Defense Acquisition in the second quarter worth $10,194,000. Finally, AQR Arbitrage LLC bought a new position in shares of Kochav Defense Acquisition during the second quarter worth $19,078,000.

Kochav Defense Acquisition Company Profile

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.