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Market Impact: 0.15
Kochav Defense Acquisition Corp. Announces Sponsor Cash Contribution to Trust Account in Connection with Proposed Extension
Source: globenewswire.com
IPOs & SPACs
The sponsor will deposit $0.06 per non-redeemed public share for the first three months, capped at $300,000 in aggregate, then $0.02 per share per month, capped at $100,000 per month. The fragment provides no further context on the transaction or its market implications.
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