Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 459

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 459
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 factors identified and discussed in the section of this proxy statement/prospectus titled “ Proposal One — The Business Combination Proposal — Reasons for Cohen Circle’s Board’s Approval of the Business Combination,” the Cohen Circle Board concluded that the Business Combination met the requirements disclosed in the prospectus of the Cohen Circle IPO with respect to Cohen Circle’s initial business combination, including that the Business Combination had a fair market value of at least 80% of the balance of the funds in the Trust Account at the time of execution of the Business Combination Agreement. Interests of Cohen Circle’s Directors, Officers and the Sponsor in the Business Combination When considering the Cohen Circle Board’s recommendation to vote in favor of approving the Business Combination Proposal and the Merger Proposal described herein, Cohen Circle shareholders should keep in mind that the Sponsors and Cohen Circle’s directors and officers have interests in such proposals that are different from, or in addition to (and which may conflict with), those of Cohen Circle shareholders and warrant holders generally. These interests include, among other things, the interests listed below: •the fact that the Sponsors paid an aggregate of $25,000 for 7,905,000 Cohen Circle Class B Ordinary Shares, which will have a significantly higher value at the time of the Business Combination but will become worthless if a business combination is not consummated by October10, 2026. Based on the closing price for the Public Shares of $11.07 on Nasdaq on July21, 2025, the value of the Founder Shares held by the Sponsors would be $87,508,350; •the fact that the Sponsors and Cantor paid an aggregate of approximately $7,150,000 for their 715,000 Cohen Circle Private Placement Units and that the Cohen Circle Private Placement Warrants underlying such units will expire worthless if a business combination is not consummated by October10, 2026; •the fact that the Sponsors are anticipated to hold 2.2% of issued and outstanding shares of Kyivstar Group Ltd. immediately following the Business Combination (assuming no redemptions by Cohen Circle shareholders and excluding the Vesting Securities, which will not have vested at the time of Closing); •the fact that, given the differential in the purchase price that the Sponsors paid for the Founder Shares and the purchase price that the Sponsor paid for the Cohen Circle Private Placement Units as compared to the price of the Cohen Circle public shares and Cohen Circle Units and the substantial number of 255 Cohen Circle Class A Ordinary Shares that the Sponsors