Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 2

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 2
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 Unit (as defined below) that is issued and outstanding immediately prior to the Merger Effective Time, comprised of one of the Cohen Circle’s Class A ordinary shares, par value $0.0001 per share (each, a “Cohen Circle Class A Ordinary Share”) and one -thirdof one Cohen Circle Public Warrant (as defined below), shall be automatically detached and the holder thereof shall be deemed to hold one Cohen Circle Class A Ordinary Share and one -thirdof one Cohen Circle Public Warrant (the “Unit Separation”); (B)(i) the 2,609,647 Cohen Circle Class B Ordinary Shares held by Cohen Circle Sponsor I, LLC or Cohen Circle Advisors I, LLC (together the “Sponsors”) shall be surrendered by the Sponsors to Cohen Circle and such shares shall be automatically cancelled without any conversion thereof or payment or other consideration therefor (the “Forfeited Sponsor Shares”); and (ii) each Cohen Circle Ordinary Share, that is issued and outstanding immediately prior to the Merger Effective Time, owned by Cohen Circle as a treasury share immediately prior to the Merger Effective Time, shall automatically be cancelled without any conversion thereof or payment or other consideration therefor (the “Cancelled Treasury Shares”); (C)(i) each eligible outstanding share of the Cohen Circle’s Class B ordinary shares, par value $0.0001 per share (each, a “Cohen Circle Class B Ordinary Share” and, together with the Cohen Circle Class A Ordinary Share, the “Cohen Circle Ordinary Shares”), (excluding the Forfeited Sponsor Shares and the Cancelled Treasury Shares), shall automatically convert into a Cohen Circle Class A Ordinary Share; and (ii) each Cohen Circle Class A Ordinary Share (including the Cohen Circle Class A Ordinary Shares held as a result of the Unit Separation described above and the Cohen Circle Class A Ordinary Shares converted as a result of clause (C)(i) above) shall convert into the right to receive one Kyivstar Group Ltd. common share, par value $0.01 per share (each, a “Kyivstar Group Ltd. Common Share”); and (D) 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 described in clause (A) above, shall convert into a Kyivstar Group Ltd. Warrant to purchase Kyivstar Group Ltd. Common Shares, and each