Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 340

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 340
---
 made to the extent such purchases are able to be made in compliance with Rule 10b-18, which is a safe harbor from liability for manipulation under Section 9(a)(2) and Rule 10b-5 of the Exchange Act. None of the funds in the Trust Account will be used to purchase shares in such transactions. |     | If Cohen Circle is unable to complete its initial business combination within 24 months from the closing of its initial public offering, it will redeem all public shares at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account (which is initially anticipated to be $10.05 per share), including interest (less taxes payable and up to $100,000 of interest to pay dissolution expenses) divided by the number of then outstanding public shares. |
| Impact to remaining shareholders |     | The redemptions in connection with Cohen Circle’s initial business combination will reduce the book value per share for its remaining shareholders, who will bear the burden of the deferred underwriting commissions and interest withdrawn in order to pay taxes (to the extent not paid from amounts accrued as interest on the funds held in the Trust Account).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |     | If the permitted purchases described above are made, there will be no impact to Cohen Circle’s remaining shareholders because the purchase price would not be paid by Cohen Circle.                                                                                                                                                                                                                                                                                                                                                                                                                                              |     | The redemption of Cohen Circle’s public shares if it fails to complete its initial business combination will reduce the book value per share for the shares held by its sponsor, who will be its only remaining shareholder after such redemptions.                                                                                                                                                                                                                                                      |

182 Properties Cohen Circle’s executive offices are located at 2929 Arch Street, Suite 1703, Philadelphia, PA 19104 -2870. Cohen Circle pays a total of $25,000 per month to the Sponsor for office space, administrative and support services. Cohen Circle considers its current office space adequate for its current operations. Employees Cohen Circle has two officers. Members of its management team are not obligated to devote any specific number of hours to its matters but they intend to devote as much of their time as they deem necessary to its affairs until it has completed Cohen Circle’s initial business combination. The amount of time that its officers or any other members of its management team will devote in any time period will vary based on whether a target business has been selected for its initial business combination and the current stage of the business combination process. Legal Proceedings There is no material litigation,