Crossingbridge Advisors LLC Purchases New Shares in Kochav Defense Acquisition Corp. $KCHVU

Crossingbridge Advisors LLC acquired a new position in Kochav Defense Acquisition Corp. (NASDAQ:KCHVU) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 348,164 shares of the company’s stock, valued at approximately $3,543,000. Kochav Defense Acquisition makes up about 3.1% of Crossingbridge Advisors LLC’s investment portfolio, making the stock its 9th largest holding.

Several other hedge funds have also recently modified their holdings of the company. DLD Asset Management LP bought a new position in shares of Kochav Defense Acquisition in the second quarter valued at approximately $2,035,000. Warberg Asset Management LLC purchased a new stake in shares of Kochav Defense Acquisition during the 2nd quarter valued at $796,000. JPMorgan Chase & Co. bought a new stake in shares of Kochav Defense Acquisition during the 2nd quarter worth $153,000. Magnetar Financial LLC purchased a new position in shares of Kochav Defense Acquisition in the 2nd quarter worth about $19,332,000. Finally, BCK Capital Management LP bought a new position in Kochav Defense Acquisition during the second quarter valued at about $509,000.

Kochav Defense Acquisition Stock Performance

KCHVU opened at $10.44 on Friday. Kochav Defense Acquisition Corp. has a twelve month low of $9.99 and a twelve month high of $10.75. The company has a 50-day moving average of $10.39.

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.