Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 256

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 256
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 “ The Business Combination Agreement and Transaction Documents.” The unaudited pro forma financial information should also be read together with the sections entitled “ Kyivstar Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “ Cohen Circle Management’s Discussion and Analysis of Financial Condition and Results of Operations” and other financial information included elsewhere in this proxy statement/prospectus. Description of the Business Combination For more information about the transactions, please see the section entitled “ The Business Combination Agreement and Transaction Documents.” 114 Basis of Pro Forma Presentation The unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S -X. The adjustments in the unaudited pro forma condensed combined financial information have been identified and presented to provide relevant information necessary for an illustrative understanding of Kyivstar Group Ltd. upon consummation of the Business Combination. Assumptions and estimates underlying the unaudited pro forma adjustments set forth in the unaudited pro forma condensed combined financial information are described in the accompanying notes. The unaudited pro forma condensed combined financial information has been prepared assuming that the Minimum Cash Condition will be satisfied at the time of Closing. Cohen Circle and the Seller may each elect to waive the Minimum Cash Condition for any number of reasons, including to facilitate the consummation of the Business Combination. However, if such Minimum Cash Condition is not satisfied or waived, the expectation is that the proposed Business Combination will not be consummated and the Transaction will not close. Following the Business Combination, Kyivstar Group Ltd. is expected to qualify as a foreign private issuer under the Exchange Act and will prepare its financial statements in accordance with IFRS as issued by the IASB. Accordingly, the unaudited pro forma condensed combined financial information has been prepared in accordance with IFRS as issued by the IASB. The unaudited pro forma condensed combined financial information has been presented for illustrative purposes only and is not necessarily indicative of the operating results and financial position that would have been achieved had the Business Combination occurred on the date indicated, and does not reflect adjustments for any anticipated synergies, operating efficiencies, tax savings or cost savings. Any cash proceeds remaining after the consummation of the Business Combination are expected to be used for general corporate purposes. The unaudited pro forma condensed combined financial information does not purport to project the future operating results or financial position of Kyivstar Group Ltd. following the completion of the Business Combination. The unaudited pro forma adjustments represent management’s