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.
At the SPAC of Dawn After multiple days of market rallies, traders are set to ingest a full plate of economic indicators today with jobless claims coming first, followed by a GDP growth revisions, home sales and a raft of Fed comments. GDP figures for the first quarter are broadly forecast to be revised downward...
Jena Acquisition Corporation II (NASDAQ:JENAU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE under the symbol “JENA.U”, Thursday, May 29, 2025. The new SPAC plans to combine with a target company in one of the areas of expertise of its founders, which include fintech,...
Wintergreen Acquisition Corp. (NASDAQ:WTGUU) announced the pricing of its $50 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WTGUU”, Thursday, May 29, 2025. The new SPAC plans to combine with a TMT target in Asia-Pacific region such as a developer of technology for intelligent chips, 5G or...
At the SPAC of Dawn The intertwined rebound between SPACs and crypto continues apace this week on all ends of the SPAC lifecycle. Two more de-SPACs announced major moves towards creating Bitcoin treasuries yesterday, with Trump Media (NASDAQ:DJT) of course truly jumping in with both feet. It will use a mix of a $1.5 billion...
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...