Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 444

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 444
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 diligence session with Alexander Gotsulenko, Chief Legal Officer of VEON Holdings, Alex Gish, Associate General Counsel at VEON Group and certain representatives of VEON Group and Rothschild & Co, respectively. 246 On February 26, 2025, certain representatives of Cohen Circle, Alex Mestre, a consultant and advisor to Cohen Circle, conducted a technical due diligence session with Artem Pozhidaev, the Chief Executive Officer of the Ukrainian Tower Company, an affiliate of VEON, Ms. Starinets and Ganna Pasichnyk, Head of Network Maintenance at VEON Holdings. From February 22, 2025 through March 3, 2025, certain representatives of Cohen Circle and certain representatives of Detecon, technical consultant to Cohen Circle, conducted technical and infrastructure due diligence sessions with certain members of VEON Holdings’ management team. On January 30, 2025, Latham provided an initial draft of the Business Combination Agreement (the “Business Combination Agreement”) to Morgan Lewis. Between January 30, 2025 and March 18, 2025, Morgan Lewis and Latham exchanged revised drafts of the Business Combination Agreement, the disclosure schedules to the Business Combination Agreement, the SPAC Support Agreement, Sponsor Agreement and the Seller Lock -UpAgreement, and engaged in negotiations of such documents and agreements. Specifically, Latham circulated an initial draft of the Sponsor Agreement on February 21, 2025, and the Seller Lock -UpAgreement on March 14, 2025 and Morgan Lewis circulated an initial draft of the SPAC Support Agreement on February 25, 2025. Representatives from Morgan Lewis, Latham, Cohen Circle and VEON Holdings held numerous conference calls between February 20, 2025 and March 18, 2025 regarding certain terms and conditions of the Business Combination Agreement and the other transaction documents related thereto, including, among other things, (a) the overall suite of representations, warranties and covenants to be provided by each party thereunder, (b) the ability of the parties to take certain actions during the interim period without the prior approval of the other party, (c) certain provisions related to potential sanctions matters and each party’s covenants and rights related to the same; (d) an adjustment to the equity value ascribed to VEON Holdings as a result of changes in Kyivstar’s cash balance; and (e) other covenants and conditions included in the Business Combination Agreement and the Transaction