Kochav Defense Acquisition Corp. (NASDAQ:KCHVR – Get Free Report) dropped 1.6% during mid-day trading on Friday . The company traded as low as $0.2449 and last traded at $0.2410. Approximately 2,078 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 47,234 shares. The stock had previously closed at $0.2449.
Kochav Defense Acquisition Trading Down 1.6%
The firm has a 50-day moving average of $0.24.
About Kochav Defense Acquisition
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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