Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 329

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 329
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 payable). Voting Obligations in Connection with the Cohen Circle EGM The Cohen Circle EGM to which this proxy statement/prospectus relates is being held to solicit your approval of, among other things, the Business Combination, which would constitute the initial business combination of Cohen Circle under the terms of its charter. Unlike many other blank check companies, Public Shareholders are not required to vote against the Business Combination in order to exercise their redemption rights. If the Business Combination is not completed, then Public Shareholders electing to exercise their redemption rights will not be entitled to receive such payments. Pursuant to the Sponsor Agreement, the Sponsors have agreed to vote its respective Founder Shares (together with any other equity securities of Cohen Circle owned by them) in favor of the Business Combination. As of the Record Date, the Sponsors owned approximately% of the issued and outstanding Cohen Circle Ordinary Shares (includingFounder Shares). Redemption Rights for Public Shareholders upon Completion of the Business Combinations Cohen Circle is providing its Public Shareholders with the opportunity to redeem all or a portion of their Cohen Circle Class A Ordinary Shares at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the Trust Account as of two business days prior to the Closing Date, including interest (which interest shall be net of taxes payable) divided by the number of then outstanding public shares, subject to the limitations described herein. The per -shareamount Cohen Circle will distribute to investors who properly redeem their shares will not be reduced by the deferred underwriting commissions Cohen Circle will pay to the underwriters. Cohen Circle’s sponsors, officers and directors have entered into a letter agreement with Cohen Circle, pursuant to which they have agreed to waive their redemption rights with respect to their founder shares, placement shares and any public shares they may hold in connection with the completion of Cohen Circle’s initial business combination. However, Cohen Circle’s sponsors, officers and directors will be entitled to redemption rights with respect to any public shares held by them if Cohen Circle fails to consummate a business combination or liquidate within the completion window. The non -managingsponsor investors are not required to (i) hold any units, Class A Ordinary Shares or public warrants they may purchase in its initial public offering or thereafter for any amount of time, (ii) vote any Class A Ordinary Shares they may own at the applicable time in favor of Cohen Circle’s initial business combination or (iii) refrain from exercising their right to redeem their public shares at the time of Cohen Circle’s initial business combination.