Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 338

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 338
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. None of the funds held in the Trust Account will be used to purchase public shares or public warrants in such transactions. They will be restricted from making any such purchases when they are in possession of any material non -publicinformation not disclosed to the seller or if such purchases are prohibited by Regulation M under the Exchange Act. Such a purchase may include a contractual acknowledgement that such shareholder, although still the record holder of Cohen Circle’s shares, is no longer the beneficial owner thereof and therefore agrees not to exercise its redemption rights. Subsequent to the consummation of in its initial public offering, Cohen Circle will adopt an insider trading policy which will require insiders to (1) refrain from purchasing securities during certain blackout periods and when they are in possession of any material non -publicinformation and (2) clear certain trades prior to execution. Cohen Circle cannot currently determine whether Cohen 180 Circle’s insiders will make such purchases pursuant to a Rule 10b5 -1plan, as it will be dependent upon several factors, including but not limited to, the timing and size of such purchases. Depending on such circumstances, Cohen Circle’s insiders may either make such purchases pursuant to a Rule 10b5 -1plan or determine that such a plan is not necessary. In the event that Cohen Circle’s sponsor, directors, officers, advisors or any of their affiliates purchase public shares in privately negotiated transactions from public shareholders who have already elected to exercise their redemption rights or submitted a proxy to vote against Cohen Circle’s initial business combination, such selling shareholders would be required to revoke their prior elections to redeem their shares and any proxy to vote against Cohen Circle’s initial business combination. Cohen Circle does not currently anticipate that such purchases, if any, would constitute a tender offer subject to the tender offer rules under the Exchange Act or a going -privatetransaction subject to the going -privaterules under the Exchange Act; however, if the purchasers determine at the time of any such purchases that the purchases are subject to such rules, the purchasers will be required to comply with such rules. The purpose of any such transaction could be to (1) vote in favor of the business combination and thereby increase the likelihood of obtaining shareholder approval of Cohen Circle’s initial business combination, (2) reduce the number of public warrants outstanding or vote such public warrants on any matters submitted to the public warrant holders for approval in connection with Cohen Circle’s initial business combination or (3) satisfy a closing condition in an agreement with a target that requires Cohen Circle to have a minimum net worth or a