Company: KYIV
Filing Date: 2025-07-17
Form Type: F-4/A
Source: 0001213900-25-064873
Chunk: 188

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-17
Form: F-4/A
Chunk 188
---
 If Kyivstar Group Ltd. decides to follow some or all of these home country practices, such home country practices may afford less protection to holders of Kyivstar Group Ltd.’s securities. For additional information, see the section of this proxy statement/prospectus entitled “ Management of Kyivstar Group Ltd. After the Business Combination — Foreign Private Issuer Exemption.” Kyivstar Group Ltd. could cease to be considered a “foreign private issuer” under current SEC rules and regulations if more than 50% of Kyivstar Group Ltd.’s outstanding voting securities become directly or indirectly held of record by U.S. holders and one of the following is true: (i) the majority of Kyivstar Group Ltd.’s directors or executive officers are U.S. citizens or residents; (ii) more than 50% of Kyivstar Group Ltd.’s assets are located in the United States; or (iii) Kyivstar Group Ltd.’s business is administered principally in the United States. If Kyivstar Group Ltd. loses its status as a foreign private issuer in the future, it will no longer be exempt from the rules described above and, among other things, will be required to file periodic reports and annual and quarterly financial statements as if it were a company incorporated in the United States. In the event that Kyivstar Group Ltd. loses its foreign private issuer status, the regulatory and compliance costs to under U.S. securities laws as a U.S. domestic issuer may be significantly higher than costs incurred as a foreign private issuer and Kyivstar Group Ltd.’s management would likely have to divert time and resources from other responsibilities to ensuring these additional regulatory requirements are fulfilled. If securities or industry analysts do not publish research or reports about Kyivstar Group Ltd.’s business or the Business Combination or publish negative reports, the market price of Kyivstar Group Ltd. Common Shares could decline. The trading market for Kyivstar Group Ltd. Common Shares will be influenced by the research and reports that industry or securities analysts publish about Kyivstar Group Ltd., Kyivstar Group Ltd.’s business or the Business Combination. Kyivstar Group Ltd. may be unable or slow to attract research coverage and if one or more analysts cease coverage of Kyivstar Group Ltd., the price and trading volume of Kyivstar Group Ltd.’s securities would likely be negatively impacted. If any of the analysts that may cover Kyivstar Group Ltd. change their recommendation regarding Kyivstar Group Ltd.’s securities adversely, or provide