Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 750

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 750
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 or into which such securities are exchanged or converted. “ Permitted Transferee ” shall mean the Persons to whom the Lock-up Securities may be Transferred in accordance with Section 2.1(b) . Annex D-1 “ Securities Price ” shall mean, on any date after the Closing, the closing sale price per share of the New PubCo Securities reported as of 4:00 p.m., New York, New York time on such date by Bloomberg, or if not available on Bloomberg, as reported by Morningstar. “ SPAC IPO Prospectus ” shall mean the final prospectus of the SPAC filed with the SEC (File No. 333-282271) on October 11, 2024. “ Trading Day ” shall mean any day on which trading is generally conducted on the Nasdaq or such other exchange on which the New PubCo Securities are traded and published, from time to time. “ Transfer ” shall mean: (a) the sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, in each case, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended and the rules and regulations of the Securities and Exchange Commission promulgated thereunder with respect to, any security; (b) the entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise; or (c) the public announcement of any intention to effect any transaction specified in clause (a) or (b). “ Vesting Securities ” shall have the meaning set forth in the Recitals. Article II
LOCK-UP OF SELLERS’ SECURITIES 2.1 Lock-up . (a) Effective at the Merger Effective Time, the Seller shall not Transfer (the “ Lock-up ”) any of the Lock-up Securities until the earlier of (the “ Lock-up Period ”): (i) the date that is 180 days following the Closing Date; (ii) the first date on which the Securities Price meets or exceeds $13.50 for 20 Trading Days out of any consecutive 30 Trading Days (but no earlier than the date that is