Shares of Kochav Defense Acquisition Corp. (NASDAQ:KCHVR – Get Free Report) were down 3.2% during mid-day trading on Thursday . The stock traded as low as $0.22 and last traded at $0.2130. Approximately 1,006 shares traded hands during trading, a decline of 98% from the average daily volume of 45,738 shares. The stock had previously closed at $0.22.
Kochav Defense Acquisition Price Performance
The company’s 50-day simple moving average is $0.23.
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. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.
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