Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 358

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 358
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 that would (i) modify the substance or timing of Cohen Circle’s obligation to redeem 100% of its public shares if it does not complete an initial business combination within the completion window or (ii) with respect to the other provisions relating to shareholders’ rights or pre -businesscombination activity, unless Cohen Circle provides its public shareholders with the opportunity to redeem their Class A Ordinary Shares upon approval of any such amendment at a per -shareprice, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of taxes payable) divided by the number of then outstanding public shares. If this optional redemption right is exercised with respect to an excessive number of public shares such that Cohen Circle cannot satisfy the net tangible asset requirement (described above), Cohen Circle may determine not to proceed with the amendment or the related redemption of its public shares. The non -managingsponsor investors are not required to (i) hold any Units, Cohen Circle Class A Ordinary Shares or Cohen Circle Public Warrants they may purchase in its initial public offering or thereafter for any amount of time, (ii) vote any Cohen Circle Class A Ordinary Shares they may own at the applicable time in favor of Cohen Circle’s initial business combination or (iii) refrain from exercising their right to redeem their public shares at the time of an initial business combination. The non -managingsponsor investors will have the same rights to the funds held in the Trust Account with respect to the Class A Ordinary Shares underlying the units they purchased in the initial public offering as the rights afforded to Cohen Circle’s other public shareholders. However, if the non -managingsponsor investors hold any Cohen Circle Securities at the time of the Cohen Circle EGM, then the non -managingsponsor investors will potentially have different interests than Cohen Circle’s other public shareholders in approving the initial business combination and otherwise exercising their rights as public shareholders because of their indirect ownership of Founder Shares. Cohen Circle expects that all costs and expenses associated with implementing its plan of dissolution, as well as payments to any creditors, will be funded from amounts remaining out of the $1,330,000 of proceeds held outside the Trust Account, although it cannot assure that there will be sufficient funds for such purpose. However, if those funds are not sufficient to cover the costs and expenses associated with implementing its plan of dissolution, to the extent that there is any interest accrued in the Trust Account not required to pay taxes, Cohen Circle may request the trustee to release to an additional amount of