Vault-13

KOCHAV DEFENSE ACQUI CO KCHVR

RIGHT 05/21/2030 · Right · CUSIP G5304D114

36 institutional holders +0 vs Q1 2026
22,697,92922.7m shares reported held*
$4.6mreported value*
1 new 7 added 7 reduced 1 sold out net sold ≈ $9.2k (-215.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $0.20.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 25: 31Q4 25: 35Q1 26: 36Q2 26: 3636Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q3 202531
Q4 202535
Q1 202636
Q2 202636

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 25: 13 bought or addedQ4 25: 7 cut or sold outQ4 25Q1 26: 3 bought or addedQ1 26: 11 cut or sold outQ1 26Q2 26: 8 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q4 2025137
Q1 2026311
Q2 202688

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10k$20k$30kQ3 25 calls: $22.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$22.0k$00.00
Q4 2025$0$0—
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

SONA ASSET MANAGEMENT (US) LLC New +450,000+450.0k
ARISTEIA CAPITAL, L.L.C. Added +227,200+227.2k
TORONTO DOMINION BANK Added +162,153+162.2k
Decagon Asset Management LLP Added +133,057+133.1k
HIGHBRIDGE CAPITAL MANAGEMENT LLC Added +50,854+50.9k
Shaolin Capital Management LLC Added +32,800+32.8k
AQR Arbitrage LLC Added +12,351+12.4k
StoneX Group Inc. Added +7,462+7.5k

Biggest sellers

Meteora Capital, LLC Reduced -391,888-391.9k
BERKLEY W R CORP Sold out -388,695-388.7k
Parallax Volatility Advisers, L.P. Reduced -183,094-183.1k
WOLVERINE ASSET MANAGEMENT LLC Reduced -148,380-148.4k
GLAZER CAPITAL, LLC Reduced -88,626-88.6k
HEIGHTS CAPITAL MANAGEMENT, INC Reduced -62,270-62.3k
Schonfeld Strategic Advisors LLC Reduced -16,799-16.8k
Clear Street Group Inc. Reduced -11,450-11.4k

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 0 buyingQ1 25: 0 sellingQ1 25Q2 25: 1 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20250—0——
Q2 20251$5.2m0——
Q3 20250—0——
Q4 20250—0——
Q1 20260—0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Harraden Circle Investments, LLC 0.08% of their portfolio NEW YORK, NY 2,987,8963.0m $603.6k $603.6k 0.08% Unchanged
2 Polar Asset Management Partners Inc. 0.01% of their portfolio TORONTO, A6 2,150,0002.1m $434.3k $434.3k 0.01% Unchanged
3 Magnetar Financial LLC 0.00% of their portfolio EVANSTON, IL 1,900,0001.9m $383.8k $383.8k 0.00% Unchanged
4 ARISTEIA CAPITAL, L.L.C. 0.00% of their portfolio GREENWICH, CT 1,552,2001.6m $313.5k $313.5k 0.00% Added +227.2k +227,200
5 Linden Advisors LP 0.00% of their portfolio New York, NY 1,500,0001.5m $322.6k $322.6k 0.00% Unchanged
6 AQR Arbitrage LLC 0.00% of their portfolio Greenwich, CT 1,438,6451.4m $290.6k $290.6k 0.00% Added +12.4k +12,351
7 Decagon Asset Management LLP 0.05% of their portfolio LONDON, X0 1,212,0591.2m $244.8k $244.8k 0.05% Added +133.1k +133,057
8 Westchester Capital Management, LLC 0.01% of their portfolio VALHALLA, NY 1,000,0001.0m $202.0k $202.0k 0.01% Unchanged
9 Meteora Capital, LLC 0.01% of their portfolio Boca Raton, FL 693,822693.8k $140.2k $140.2k 0.01% Reduced -391.9k -391,888
10 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 650,000650.0k $131.3k $131.3k 0.00% Unchanged
11 HIGHBRIDGE CAPITAL MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 647,415647.4k $136.0k $136.0k 0.00% Added +50.9k +50,854
12 Parallax Volatility Advisers, L.P. 0.00% of their portfolio San Francisco, CA 624,695624.7k $126.2k $126.2k 0.00% Reduced -183.1k -183,094
13 Radcliffe Capital Management, L.P. 0.01% of their portfolio BALA CYNWYD, PA 500,000500.0k $103.8k $103.8k 0.01% Unchanged
14 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 500,000500.0k $101.0k $101.0k 0.00% Unchanged
15 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.00% of their portfolio WEST PALM BEACH, FL 499,872499.9k $70.0k $70.0k 0.00% Unchanged
16 Governors Lane LP 0.01% of their portfolio NEW YORK, NY 450,000450.0k $90.9k $90.9k 0.01% Unchanged
17 SONA ASSET MANAGEMENT (US) LLC 0.00% of their portfolio NEW YORK, NY 450,000450.0k $90.9k $90.9k 0.00% New
18 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 440,620440.6k $89.0k $89.0k 0.00% Unchanged
19 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 382,800382.8k $77.3k $77.3k 0.00% Added +32.8k +32,800
20 Periscope Capital Inc. 0.01% of their portfolio Toronto, A6 376,700376.7k $76.1k $76.1k 0.01% Unchanged
21 Context Capital Management, LLC 0.00% of their portfolio LAJOLLA, CA 350,000350.0k $70.7k $70.7k 0.00% Unchanged
22 GLAZER CAPITAL, LLC 0.00% of their portfolio New York, NY 311,374311.4k $63.0k $63.0k 0.00% Reduced -88.6k -88,626
23 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.00% of their portfolio HARRISBURG, PA 299,829299.8k $60.6k $60.6k 0.00% Unchanged
24 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 265,000265.0k $53.5k $53.5k 0.00% Reduced -16.8k -16,799
25 HEIGHTS CAPITAL MANAGEMENT, INC 0.01% of their portfolio SAN FRANCISCO, CA 244,276244.3k $49.3k $49.3k 0.01% Reduced -62.3k -62,270
26 Cable Car Capital, LP 0.00% of their portfolio SAN FRANCISCO, CA 242,953243.0k $49.1k $49.1k 0.00% Unchanged
27 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 225,000225.0k $45.5k $45.5k 0.00% Added +162.2k +162,153
28 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 170,602170.6k $34.5k $34.5k 0.00% Reduced -148.4k -148,380
29 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 161,223161.2k $32.6k $32.6k 0.00% Reduced -11.4k -11,450
30 DLD Asset Management, LP 0.00% of their portfolio NEW YORK, NY 133,333133.3k $26.9k $26.9k 0.00% Unchanged
31 K2 PRINCIPAL FUND, L.P. 0.00% of their portfolio TORONTO, A6 100,000100.0k $20.0k $20.0k 0.00% Unchanged
32 Stoic Point Capital Management LLC 0.01% of their portfolio PALO ALTO, CA 69,70069.7k $14.1k $14.1k 0.01% Unchanged
33 GRITSTONE ASSET MANAGEMENT LLC 0.01% of their portfolio Bethesda, MD 54,37254.4k $11.0k $11.0k 0.01% Unchanged
34 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 47,00047.0k $9.5k $9.5k 0.00% Unchanged
35 RLH Capital LLC 0.00% of their portfolio Great Neck, NY 40,35040.4k $8.2k $8.2k 0.00% Unchanged
36 StoneX Group Inc. 0.00% of their portfolio NEW YORK, NY 26,19326.2k $5.8k $5.8k 0.00% Added +7.5k +7,462