Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 74

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 74
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 for 715,000 Cohen Circle Private Placement Units. On April 26, 2025, Cantor transferred its 270,000 Cohen Circle Private Placement Units to Cohen Circle Sponsor I, LLC. Cantor remains a party to each of the SPAC Support Agreement and Sponsor Agreement entered into in connection with the Business Combination and no waivers or modifications to such agreements were made in connection with the transfer. Cohen Circle Sponsor I, LLC is a party to the SPAC Support Agreement and Sponsor Agreement and accordingly such transferred Cohen Circle Private Placement Units remain subject to such agreements. (4)In connection with the Closing, 2,609,647 Cohen Circle Class B Ordinary Shares and all of the private placement warrants underlying the Cohen Circle Private Placement Units held by the Sponsors will be surrendered and such shares and warrants shall be automatically cancelled without any conversion thereof or payment or other consideration therefor. (5)At Closing, 757,745 Kyivstar Group Ltd. Common Shares shall, pursuant to the Non -RedemptionAgreements, be issued to certain holders Cohen Circle Class A Ordinary Shares who are parties to the Non -RedemptionAgreements in consideration of such holders agreeing (i) to vote their Cohen Circle Class A Ordinary Shares in favor of the Transactions and (ii) not to redeem such Cohen Circle Class A Ordinary Shares. Description of Kyivstar Group Ltd. Securities If the Business Combination is successfully completed, Kyivstar shareholders and Cohen Circle shareholders will become Kyivstar Group Ltd. shareholders, and their rights as Kyivstar Group Ltd. shareholders will be governed by Kyivstar Group Ltd.’s Governing Documents as of the Closing and Bermuda law. Please see the section entitled “ Description of Kyivstar Group Ltd. Securities” elsewhere in this proxy statement/prospectus for additional information.

6 The Cohen Circle Board’s Reasons for Approval of the Business Combination After careful consideration, the Cohen Circle Board recommends that Cohen Circle shareholders vote “For” the approval of the Business Combination Proposal. For a more complete description of the Cohen Circle Board’s reasons for the approval of the Business Combination and the recommendation of the Cohen Circle Board, see the section entitled “ The Business Combination — Cohen Circle Board’s Reasons for Approval.” Satisfaction of 80% Test It is a requirement under the Cohen Circle’s amended and restated memorandum and articles of association and the Nasdaq listing requirements that the business or assets acquired in an initial business combination have a fair market value equal to at least 80% of the balance of the funds in the Trust Account (excluding