Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 60

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 60
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 Cohen Circle Class A Ordinary Shares converted as a result of clause (C)(i) above) shall convert into the right to receive one PubCo common share, par value $0.001 per share (each, a “PubCo Common Share”); and •each Cohen Circle Public Warrant outstanding and unexercised immediately prior to the Merger Effective Time, whether or not vested, including the Cohen Circle Public Warrants held as a result of the Unit Separation shall convert into a Kyivstar Group Ltd. Warrant to purchase Kyivstar Group Ltd. Common Shares, and each Cohen Circle Private Placement Warrant will be canceled for no consideration. Conditions to the Closing Under the Business Combination Agreement, the Closing is subject to customary and other conditions (subject to the parties’ ability to waive such conditions permitted by the Business Combination Agreement), including, among other things: •approval by Cohen Circle’s shareholders of the Business Combination Agreement, the Merger, and certain other actions related thereto; •the receipt of all Agreed Regulatory Approvals (if any); •completion of the Demerger; •the Registration Statement / Proxy Statement having become effective in accordance with the provisions of the Securities Act and not subject to any stop order or proceeding (or threatened proceeding) by the SEC; •the absence of certain Laws, Orders (including any Sanctions Event (as defined in the Business Combination Agreement) or Proceedings that seek to prohibit, enjoin, restrict, invalidate, or make illegal consummation or performance of the Transactions; •the completion of the New Bonds Repayment and the 2027 Bonds Transfer; 3 •the Kyivstar Group Ltd. Common Shares to be issued in connection with the Business Combination Agreement having been approved for listing upon the Closing on the Nasdaq Stock Market LLC (“Nasdaq”) subject to official notice of issuance thereof; and •the number of Kyivstar Group Ltd. Common Shares to be issued to the Seller in consideration for the Sale is not less than 80% of the Fully Diluted Share Count (as defined in the Business Combination Agreement). The obligations of the parties to the Business Combination Agreement to consummate the Business Combination are subject to additional conditions, as described more fully below in the section entitled “The Business Combination Agreement — Closing Conditions.” Transaction Documents SPAC Support Agreement Concurrently with the execution of the Business Combination Agreement, SPAC, Cohen Circle Sponsor I, LLC (“CCS I”), Cohen Circle Advisors I, LLC (“CCA I,” and together with CCS I, the “