Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 244

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 244
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 the Seller, VEON Holdings, Kyivstar Group Ltd. or Merger Sub, or if any representation or warranty of the Seller, VEON Holdings, Kyivstar Group Ltd. or Merger Sub shall have become untrue, in either case, such that the conditions to the Business Combination would not be satisfied as of the time of such breach or as of the time such representation or warranty shall have become untrue, and if such breach cannot be or has not been cured within 30 days following delivery by Cohen Circle of written notice to the Seller of such breach (or by the Outside Date, whichever is earlier); provided that if he Seller, VEON Holdings, Kyivstar Group Ltd. or Merger Sub, as applicable, continues to exercise commercially reasonable efforts to cure such breach, Cohen Circle cannot terminate if such breach by Cohen Circle is cured within such 30 -dayperiod; •by the Seller, if the board of directors of Cohen Circle shall have publicly withdrawn, modified or changed, in any manner that is adverse to the other Parties, its approval or Cohen Circle Recommendation; •by Cohen Circle, if a Sanctions Event occurs in respect of the Seller or a Group Company and either such Sanctions Event is not resolved by the Outside Date or Cohen Circle determines in good faith on the advice of outside legal counsel that the failure to terminate prior to the Outside Date would or would reasonably be expected to result in any of Cohen Circle, the Sponsors or their respective directors or officers being subject to any monetary or criminal liability applicable Law in connection with such Sanctions Event; or •by the Seller, if a Sanctions Event occurs in respect of Cohen Circle and either such Sanctions Event is not resolved by the Outside Date or the Seller determines in good faith on the advice of outside legal counsel that the failure to terminate prior to the Outside Date would or would reasonably be expected to result in any of the Seller or a Group Company or their respective directors or officers being subject to any monetary or criminal liability under applicable Law in connection with such Sanctions Event; or •by Cohen Circle, if the Kyivstar Group fails to deliver the PCAOB Audited Financials for the year ended December31, 2024, on or before June30, 2025. Effect of Termination In the event of termination of the Business Combination Agreement, the Business Combination Agreement will be of no further force and effect and the Transactions including the Business Combination will be abandoned; provided that obligations under the Confidentiality Agreement, certain obligations related to the Trust Account, and