Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 240

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 240
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 the Company in connection with the Old Bonds and VEON Holdings repay in full the April 2025 Bonds and the June 2025 Bonds and transfer the 2027 Bonds to VEON MidCo as part of the Demerger and pursuant to the 2027 Bonds Consent Solicitation; •each party agrees to notify the other party if there occurs a Sanctions Event and if it would be unlawful for the other parties to consummate the Transactions, the Sanctioned Person agrees to use its best efforts to obtain the relevant consent, permit, license, and/or other formal or informal authorization or guidance from the relevant Sanctions Authority; •Kyivstar Group Ltd., VEON Holdings and Cohen Circle agree to use their reasonable best efforts to deliver all documents that may be required by any financial advisor to facilitate the PIPE Investment; and •VEON Holdings agrees to consummate the Demerger in conjunction with VEON Intermediate Holdings and VEON MidCo. Board of Directors of Kyivstar Group Ltd. The Business Combination Agreement provides that, immediately following the Closing, Kyivstar Group Ltd.’s Board will consist of up to seven directors. The initial composition of Kyivstar Group Ltd.’s Board will include one director designated by Cohen Circle and up to six directors designated by the Seller. Such designations will be made prior to the Merger Effective Time. Any subsequent Kyivstar Group Ltd. Board shall be composed in accordance with and subject to the terms and conditions of the Kyivstar Group Ltd. Governing Documents. 106 Conditions to Complete the Business Combination Unless waived in writing by both Cohen Circle and VEON Holdings, the obligations of the parties to consummate the Business Combination are subject to the satisfaction of the following mutual conditions at or prior to the Closing: •the receipt of Cohen Circle Shareholder Approval; •the receipt of any required regulatory approvals (if any), on terms and conditions reasonably satisfactory to the parties; •the effectiveness of this proxy statement/prospectus and the absence of any stop order or proceeding (or threatened proceeding) by the SEC seeking a stop order with respect to this proxy statement/prospectus; •the absence of any Law, Orders (including any Sanctions Event) or Proceedings that seek to prohibit, enjoin, restrict, invalidate or make illegal consummation or performance of the Business Combination and other related transactions; •the full force and effect of all transaction agreements, having not been rescinded by any of the parties thereto; •(i) Cohen Circle Cash equaling or exceeding the Minimum