Kochav Defense Acquisition Corp.

Kochav Defense Acquisition Corp. reported substantial doubt about its ability to continue as a going concern due to insufficient liquidity to meet obligations for the next twelve months. The SPAC has not yet identified a definitive business combination target as of June 30, 2026, despite its Initial Public Offering in May 2025. For the six months ended June 30, 2026, the company reported net income of $4.21 million, primarily from trust account dividends, but experienced a decrease in cash and an increase in shareholders' deficit.

Kochav Defense Acquisition Corp. reported a net income of $2.08 million for the first quarter of 2026, primarily driven by $2.28 million in interest earned on its Trust Account. Total assets increased to $261.96 million, with the Trust Account growing to $261.32 million. However, the company noted substantial doubt about its ability to continue as a going concern if it fails to complete a business combination by the November 29, 2026 deadline.