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 The Fed’s rate decision day has finally come and futures are slightly green in anticipation. De-SPACs have largely opted not to hedge their bets on the event with several making large-scale equity capital raises directly on its eve. Four companies alone raised over $1 billion in secondary offerings this week,...
Pioneer Acquisition I Corp. (NASDAQ:PACHU) announced the pricing of its $220 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PACHU”, Wednesday, June 18, 2025. The new SPAC aims to combine with a target company in the healthcare sector, which could include medical device manufacturers, digital healthcare firms...
Axiom Intelligence Acquisition Corp. 1 (NASDAQ:AXINU) announced the pricing of its $175 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “AXINU”, Wednesday, June 18, 2025. The new SPAC plans to combine a European infrastructure target company potentially in the energy, digitization or transportation spheres. Axiom 1’s management...
Solarius Capital (NASDAQ:INACU) has filed for a $150 million IPO to seek out a financial services target with a team making its first step into SPACs. The new SPAC is offering investors a 1/2 warrant in each unit and it will overfund its trust to 100.5% with $10.05 per unit in the trust account from...
At the SPAC of Dawn Today is a major day of economic indicators with eight different reads on retail sales, import prices, industrial production, as well as both business inventories and home builder confidence index rolling in through the morning. All of this is to come ahead of a Fed interest rate decision tomorrow. This...