Company: KG
Filing Date: 2025-03-24
Form Type: S-4/A
Source: 0001104659-25-027242
Chunk: 12

Company: Kestrel Group Ltd
Filing Date: 2025-03-24
Form: S-4/A
Chunk 12
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 Sub II;

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“mergers” refers collectively to the first merger and the second merger;

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“Nasdaq” means the Nasdaq Capital Market;

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“Paul, Weiss” means Paul, Weiss, Rifkind, Wharton & Garrison LLP;

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“Sarbanes-Oxley Act” means the Sarbanes-Oxley Act of 2002;

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“SEC” means the U.S. Securities and Exchange Commission;

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“second merger” means the merger through which Merger Sub II merges with and into US NewCo, with US NewCo surviving the merger as a direct wholly owned subsidiary of Bermuda NewCo;

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“second merger effective time” means the effective time of the second merger;

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“Securities Act” means the Securities Act of 1933, as amended;

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“Skadden” means Skadden, Arps, Slate, Meagher & Flom LLP;

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“Statutory Merger Agreement” means the statutory merger agreement required by Section 105 of the Bermuda Companies Act, in the form attached as Exhibit B to the combination agreement;

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“transaction” means the combination and the other transactions contemplated by the combination agreement and described in this proxy statement/prospectus;

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“US NewCo” means Ranger U.S. Newco LLC, a Delaware limited liability company and a direct wholly owned subsidiary of Maiden;

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“voting cutback proposal” means the proposal to approve the amendment to Bye-Law 1.1 and Bye-Law 33 of the Maiden bye-laws to remove the 9.5% voting limitation contained therein; and

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“we”, “our” and “us” refer to Maiden and Kestrel, collectively.

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### QUESTIONS AND ANSWERS ABOUT THE TRANSACTION AND THE MAIDEN SPECIAL MEETING
The following questions and answers are intended to address briefly some commonly asked questions regarding the transaction and the Maiden special meeting. These questions and answers may not address all questions that may be important to you as a shareholder. To better understand these matters, and for a description of the legal terms governing the transaction, you should carefully read this entire proxy statement/prospectus, including the annexes, as well as the documents that have been incorporated by reference in this proxy statement/ prospectus. See “Where You Can Find More Information” beginning on page 190.

#### About the transaction
Q: