Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 446

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 446
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 2025, representatives of VEON Ltd., Kyivstar Group Ltd., Rothschild & Co and their respective counsel approved certain non -disclosureand wall -crossingprocedures required to initiate discussions with certain potential investors who are qualified institutional buyers, institutional accredited investors or other accredited investors relating 247 to potential investments in the form of a private placement and/or potential entry into non -redemptionagreements by such potential investors holding Cohen Circle Class A Ordinary Shares. The potential investors were wall -crossedby representatives of, BTIG, LLC acting as a financial advisor to VEON Amsterdam B.V., Rothschild & Co, acting as lead financial advisor, or Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, solely for the limited purpose of assisting Cohen Circle with wall -crossingprocedures, and not in any advisory capacity. In July 2025, Kyivstar Group Ltd., Rothschild & Co and BTIG, LLC continued to negotiate with certain prospective investors with respect to the terms of potential investments, including on the size of the potential investments, as well as the terms of potential non -redemptionagreements. On July10, 2025, Cohen Circle and Kyivstar Group Ltd. finalized the terms of and entered into Non -RedemptionAgreements with the Non -RedeemingShareholders. On July10, 2025, Cohen Circle, VEON Holdings and certain other parties thereto finalized and executed an amendment to the Business Combination Agreement to adjust the number of Kyivstar Group Ltd. Common Shares allocable to each of VEON Amsterdam B.V. and the Sponsor in connection with the Closing of the Business Combination. On July10, 2025, Cohen Circle, Cantor, Kyivstar Group Ltd. and VEON Amsterdam B.V. finalized and executed an amendment to the Sponsor Agreement to conform its terms to the reduced number of Kyivstar Group Ltd. Common Shares allocable to the Sponsor in connection with the related amendment to the Business Combination Agreement. Reasons for Cohen Circle Board’s Approval of the Business Combination The Cohen Circle Board met telephonically on March 15, 2025 to, among other things, discuss a potential business combination with VEON Holdings, and, unanimously determined that the Business Combination Agreement, the Business Combination and the transactions contemplated thereby are advisable and in the best interest of Cohen Circle and its shareholders and resolved to recommend that Cohen Circle’s shareholders vote to adopt and approve the Business Combination and the Business Combination Agreement and the transactions