Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 92

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 92
---
   |     |    8,055,836 |   |     |            — |   |
| Diluted net income per Class A and B non-redeemable ordinary share                  |     |         0.01 |   |     |            — |   |     |         0.16 |   |     |            — |   |

19

| Balance sheet data:                                    |     |       As of 
   March 31, 
        2025 |   |     |        As of 
 December 31, 
         2024 |   |     |        As of 
 December 31, 
         2023 |   |
|:-------------------------------------------------------|:----|------------:|:--|:----|-------------:|:--|:----|-------------:|:--|
| Total assets                                           |     | 236,209,156 |   |     |  234,426,767 |   |     |          100 |   |
| Total liabilities                                      |     |  11,507,885 |   |     |    9,964,340 |   |     |      419,607 |   |
| Class A ordinary shares subject to possible redemption |     | 235,813,008 |   |     |  233,369,247 |   |     |            — |   |
| Shareholders’ deficit                                  |     | (11,111,737 | ) |     |   (8,906,820 | ) |     |     (419,507 | ) |

Summary Unaudited Pro Forma Condensed Combined Financial Information The following summary unaudited pro forma condensed combined financial information gives effect to the Business Combination. We expect Kyivstar Group Ltd. will be the accounting “acquirer” and expect to account for the Business Combination as a capital reorganization, in accordance with IFRS. The following summary unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S-X as amended by the final rule, Release 33-10786 “Amendments to Financial Disclosures about Acquired and Disposed Businesses.” The summary unaudited pro forma condensed combined financial information has been derived from, and should be read in conjunction with the following information appearing elsewhere in this proxy statement/prospectus: •the historical audited financial statements of VEON Holdings and Cohen Circle, and their respective related notes, for the applicable periods; •the sections