Company: KYIV
Filing Date: 2025-12-18
Form Type: 424B3
Source: 0001213900-25-123334
Chunk: 285

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-18
Form: 424B3
Chunk 285
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loss) by the weighted average number of Ordinary Shares outstanding for the period. Accretion associated with the redeemable Ordinary Shares is excluded from net income (loss) per Ordinary Share as the redemption value approximates fair value. The calculation of diluted income (loss) per Ordinary Share does not consider the effect of the Warrants issued in connection with the (i) Initial Public Offering, (ii) the exercise of the over -allotmentoption and (iii) Private Placement, since the average price of the Ordinary Shares for the three and six months ended June 30, 2025 was less than the exercise price and therefore, the inclusion of such Warrants under the Treasury stock method would be anti -dilutiveand the exercise is contingent upon the occurrence of future events:

| Basic and diluted net income (loss) per common share  
 Numerator:                                            |     | For the Three Months Ended June 30, 
 2025                                
 Class A                             
 redeemable                          |            |     | Class A and B  
 non-redeemable |           |     | 2024    
 Class A |   |     | Class B |           |   |
|:------------------------------------------------------|:----|:------------------------------------|-----------:|:----|:---------------|----------:|:----|:--------|:--|:----|:--------|----------:|:--|
| Allocation of net income (loss)                       |     | $                                   |  1,059,415 |     | $              |   397,051 |     | $       | — |     | $       |   (29,487 | ) |
| Denominator:                                          |     |                                     |            |     |                |           |     |         |   |     |         |           |   |
| Basic and diluted weighted average shares outstanding |     |                                     | 23,000,000 |     |                | 8,620,000 |     |         | — |     |         | 6,900,000 |   |
| Basic and diluted net income (loss) per common share  |     | $                                   |       0.05 |     | $              |      0.05 |     | $       | — |     | $       |     (0.00 | ) |

F-34

COHEN CIRCLE ACQUISITION CORP. I
NOTES TO CONDENSED FINANCIAL STATEMENTS
JUNE 30, 2025 (