Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 448

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 448
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 from Northland and representatives from Morgan Lewis. Representatives of Morgan Lewis reviewed the proposed transaction documentation and answered questions from the Cohen Circle Board. Following review and discussion, the Business Combination Agreement and the other transaction documents and agreements related thereto were unanimously approved by the Cohen Circle Board, subject to final negotiations and modifications, and the Cohen Circle Board determined to recommend the approval of the Business Combination Agreement to the Cohen Circle shareholders. On March 18, 2025, Cohen Circle, VEON Holdings and certain other parties thereto finalized and executed the Business Combination Agreement. In connection with the execution of the Business Combination Agreement, Cohen Circle and VEON and certain other parties thereto executed the Support Agreement, and the Sponsor, Cantor, Cohen Circle’s underwriter, and certain other parties executed the SPAC Support Agreement and the Sponsor Agreement. Before the market opened on March 18, 2025, the parties issued a press release publicly announcing the transaction together with the execution of the Business Combination Agreement. On June24, 2025, Cohen Circle, VEON Holdings and certain other parties thereto finalized and executed an amendment to the Business Combination Agreement to, among other things, (A) update the size of the board of directors to not less than five (5) and not more than eleven (11) directors, with one director designated by Cohen Circle and up to ten (10) directors designated by VEON Amsterdam B.V. and (B) agree that the long -termequity incentive plan will be adopted as soon as practicable following the Closing. On June 19, 2025, representatives of VEON Ltd., Kyivstar Group Ltd., Rothschild & Co and their respective counsel approved certain non -disclosureand wall -crossingprocedures required to initiate discussions with certain potential investors who are qualified institutional buyers, institutional accredited investors or other accredited investors relating 247 to potential investments in the form of a private placement and/or potential entry into non -redemptionagreements by such potential investors holding Cohen Circle Class A Ordinary Shares. The potential investors were wall -crossedby representatives of, BTIG, LLC acting as a financial advisor to VEON Amsterdam B.V., Rothschild & Co, acting as lead financial advisor, or Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, solely for the limited purpose of assisting Cohen Circle with wall -crossingprocedures, and not in any advisory capacity. In July 2025, Kyivstar Group Ltd., Rothschild & Co