Company: KYIV
Filing Date: 2025-07-17
Form Type: F-4/A
Source: 0001213900-25-064873
Chunk: 260

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-17
Form: F-4/A
Chunk 260
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31, 2024 on a pro forma basis as if the Business Combination had occurred on January1, 2024. The unaudited pro forma condensed combined financial information was derived from and should be read in conjunction with the following historical financial statements and the accompanying notes, which are included elsewhere in this proxy statement/prospectus: •VEON Holdings’ unaudited combined statement of financial position as of March31, 2025; •Cohen Circle’s unaudited balance sheet as of March31, 2025; •Kyivstar Group Ltd.’s audited statement of financial position as of March31, 2025; •VEON Holdings’ unaudited combined income statement for the three -monthperiod ended March31, 2025; •Cohen Circle’s unaudited statement of operations for the three -monthperiod ended March31, 2025; •VEON Holdings’ audited combined income statement for the year ended December31, 2024; •Cohen Circle’s audited statement of operations for the year ended December31, 2024; and •other information relating to VEON Holdings and Cohen Circle included in this proxy statement/prospectus, including the Business Combination Agreement and the description of the terms thereof set forth under the section entitled “ The Business Combination Agreement and Transaction Documents.” The unaudited pro forma financial information should also be read together with the sections entitled “ Kyivstar Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “ Cohen Circle Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other financial information included elsewhere in this proxy statement/prospectus. Description of the Business Combination For more information about the transactions, please see the section entitled “ The Business Combination Agreement and Transaction Documents.” 114 Basis of Pro Forma Presentation The unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S -X. The adjustments in the unaudited pro forma condensed combined financial information have been identified and presented to provide relevant information necessary for an illustrative understanding of Kyivstar Group Ltd. upon consummation of the Business Combination. Assumptions and estimates underlying the unaudited pro forma adjustments set forth in the unaudited pro forma condensed combined financial information are described in the accompanying notes. The unaudited pro forma condensed combined financial information has been prepared assuming that the Minimum Cash Condition will be satisfied at the time of Closing. Cohen Circle and the Seller may each elect to waive the Minimum Cash