Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 81

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 81
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 Public Warrant was $, $and $, respectively. Cohen Circle has not paid any cash dividends on its Cohen Circle Class A Ordinary Shares to date and does not intend to pay cash dividends prior to the Closing of the Business Combination. VEON Holdings and Kyivstar Historical market price information regarding the common shares of VEON Holdings and JSC Kyivstar is not provided because neither have a public market. Kyivstar Group Ltd. Historical market price information regarding Kyivstar Group Ltd. Common Shares is not provided because, as of the date of this proxy statement/prospectus, there is no public market for the Kyivstar Group Ltd. Common Shares. Please see the section entitled “ Price Range of Securities and Dividends” elsewhere in this proxy statement/prospectus for additional information. 14 Risk Factor Summary Kyivstar’s business and an investment in Kyivstar Group Ltd. Common Shares and Kyivstar Group Ltd. Warrants are subject to numerous risks and uncertainties. In evaluating the Proposals, you should carefully read this proxy statement / prospectus, including the financial statements and annexes attached hereto, and especially consider the factors discussed in the section entitled “Risk Factors.” Some of these risks include: •risks relating to the ongoing war in Ukraine, such as its adverse impact on the economic conditions and outlook of Ukraine; physical damage to property, infrastructure and assets; the effect of sanctions and export controls on our supply chain, the ability to transact with key counterparties; the resulting volatility in the Ukrainian hryvnia; our ability to operate and maintain our infrastructure; sanctions (including any reputational harm from certain of the beneficial owners of one of VEON’s shareholders, L1T VIP Holdings S.à r.l. (“LetterOne”), being subject to sanctions) and other legal considerations that could increase the risk of nationalization; and its impact on our liquidity, financial condition and our ability to operate as a going concern; •risks related to JSC Kyivstar’s ability to declare and pay dividends and restrictions on its ability to make certain payments abroad (such as investments, interest and principal payments on loans, financing of any affiliate companies or representative offices offshore) resulting from the imposition of martial law in Ukraine and/or other legal restrictions in Ukraine relating to the ongoing war; •risks related to Kyivstar Group Ltd.’s principal asset following the Business Combination being its interest in Kyivstar, and its dependence on Kyivstar for distributions, which may be restricted or prohibited; •