Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 256

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 256
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 at the Cohen Circle EGM, (ii) to vote against any proposal that would impede the Business Combination and (iii) waive certain anti -dilutionrights in the Cohen Circle’s governing documents with respect to any founder shares. Each officer and director of Cohen Circle previously entered into a letter agreement with Cohen Circle in connection with Cohen Circle’s initial public offering, pursuant to which they agreed to vote any founder shares held by them and any public shares purchased during or after the initial public offering (including in open market and privately negotiated transactions) in favor of the Business Combination. During the term of the SPAC Support Agreement, and subject to certain exceptions therein, the Sponsors and Cantor will be contractually restricted from selling or transferring any of the securities of Cohen Circle beneficially owned by them. Any securities of Cohen Circle that the Sponsors or Cantor newly acquire or purchase after the date of the SPAC Support Agreement will also be subject to the terms of the SPAC Support Agreement. Sponsor Agreement Concurrently with the execution of the Business Combination Agreement, Cohen Circle entered into the Sponsor Agreement, a copy of which is attached to this proxy statement/prospectus as Annex C, with Kyivstar Group Ltd., the Sponsors, Cantor and the Seller. Pursuant to the Sponsor Agreement, among other things, on the Closing Date, effective immediately prior to the Merger Effective Time and conditioned upon the Closing, (i) the Sponsors have agreed to irrevocably surrender for cancellation and forfeit to Cohen Circle the Forfeited Sponsor Shares (as defined in the Sponsor Agreement) and (ii) Cohen Circle Sponsor I, LLC, and Cantor have agreed to irrevocably surrender for cancellation and forfeit to SPAC each of their respective Forfeited Sponsor Warrants (as defined in the Sponsor Agreement). The Sponsor Agreement also provides for (i) certain restrictions on the transfer of certain Kyivstar Group Ltd. Common Shares to be issued to the Sponsors at Closing (the “Sponsor Lock -upSecurities”), subject to certain permitted transfers as set forth therein and (ii) certain vesting conditions on certain Kyivstar Group Ltd. Common Shares to be issued to the Sponsors at Closing (the “Vesting Securities”), in each case as further described below and on the terms and subject to the conditions set forth in the Sponsor Agreement. Pursuant to the Sponsor Agreement, effective at the Merger Effective Time, the Sponsors shall not Transfer (as defined in the Sponsor Agreement) any of the