Kochav Defense Acquisition Corp. Right

Kochav Defense Acquisition Corp. Right is a special purpose acquisition company (SPAC) derivative security designed for investors seeking eventual participation in a future business combination. Each right entitles the holder to receive one-seventh of a Class A ordinary share upon the successful completion of Kochav Defense Acquisition Corp.'s initial merger or business combination. The company is primarily focused on entering into mergers, asset acquisitions, or similar transactions within the defense and aerospace industries, leveraging its substantial capital base, raised via its initial public offering in 2025. This right structure allows investors an additional way to gain equity exposure in the combined entity, separate from the standard Class A ordinary shares. As an integral component of the SPAC process, Kochav Defense Acquisition Corp. Right plays a role in incentivizing and rewarding investors who remain with the company through the business combination phase, helping facilitate the firm's objective of identifying and merging with a target in high-growth defense and aerospace sectors.