Company: KYIV
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077507
Chunk: 17

Company: Kyivstar Group Ltd.
Filing Date: 2025-08-15
Form: 20-F
Item: Item 17
Chunk 17
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EXPLANATORY NOTE                                                         ii     
  CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS                     iii    
  PART I                                                                   5      
  item 1. identity of directors, senior management and advisers            5      
  Item 2. Offer Statistics and Expected Timetable                          5      
  Item 3. Key Information                                                  5      
  Item 4. Information on the Company                                       6      
  Item 4A. Unresolved Staff Comments                                       6      
  Item 5. Operating and Financial Review and Prospects                     7      
  Item 6. Directors, Senior Management and Employees                       7      
  Item 7. Major Shareholders and Related Party Transactions                7      
  Item 8. Financial Information                                            9      
  Item 9. The Offer and Listing                                            9      
  Item 10. Additional Information                                          10     
  Item 11. Quantitative and Qualitative Disclosures About Market Risk      11     
  Item 12. Description of Securities Other Than Equity Securities          11     
  PART II                                                                  II-1   
 ──────────────────────────────────────────────────────────────────────────────────
                                                                           Page   
  PART III                                                                 III-1  
  Item 17. Financial Statements                                            III-1  
  Item 18. Financial Statements                                            III-1  
  Item 19. Exhibits                                                        III-1  

Explanatory
Note

On August 14, 2025 (the “ Closing Date”),
Kyivstar Group Ltd., an exempted company limited by shares, incorporated and existing under the laws of Bermuda (“ PubCo”),
consummated the previously announced business combination pursuant to the Business Combination Agreement, dated as of March 18, 2025 (as
amended, the “ Business Combination Agreement”), by and among PubCo, Cohen Circle Acquisition Corp. I, a Cayman Islands exempted
company (“ Cohen Circle”), VEON Amsterdam B. V., a private company with limited liability ( besloten vennootschap met beperkte
aansprakelijkheid) incorporated under Dutch law (the “ Seller”), VEON Holdings B. V., a private company with limited liability
( besloten vennootschap met beperkte aansprakelijkheid) incorporated under Dutch law (“ VEON Holdings”) and Varna Merger
Sub Corp., an exempted company incorporated with limited liability in the Cayman Islands (“ Merger Sub”). Unless otherwise