Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 438

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 438
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ing a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which Cohen Circle refers to throughout this proxy statement/prospectus as its initial business combination. In October 2024, Cohen Circle consummated its IPO and concurrent private placement, consisting of 23,000,000 Cohen Circle Units (including the exercise in full of the underwriters’ over -allotmentoption) and a private placement of 715,000 Cohen Circle Units. Each Cohen Circle Unit consists of one Cohen Circle Class A Ordinary Share and one -thirdof one redeemable warrant of the Cohen Circle, with each whole Cohen Circle Warrant entitling the holder thereof to purchase one Cohen Circle Class A Ordinary Share for $11.50 per share. Of the proceeds from the IPO and private placement, $231,150,000 was placed in a trust account established for the benefit of its public stockholders, with Continental Stock Transfer & Trust Company acting as trustee. Cohen Circle’s amended and restated memorandum and articles of association provide that it has until October 15, 2026 to consummate a business combination transaction. Prior to the consummation of the Cohen Circle IPO, neither Cohen Circle, nor anyone on its behalf, contacted any prospective target business or had any substantive discussions, formal or otherwise, with respect to a transaction with Cohen Circle. After its IPO, Cohen Circle’s management team commenced an active search for prospective businesses and/or assets to acquire in its initial business combination, using the extensive experience of its board and management in the financial services and financial technology industries as well as with operational management, and investment and financial analysis in order to conduct and analyze the due diligence required for it to identify a merger partner. See the section entitled “ Management of Cohen Circle” for additional information regarding the experience of the Cohen Circle Board and management team. Although Cohen Circle initially focused its efforts on identifying companies in sectors such as financial technology and financial services, it was not required to limit its activities to any particular industry or geographic region. In the evaluation of business combination partners, Cohen Circle’s Board and management team considered many factors. 244 The Cohen Circle Board did not consider it practicable or relevant to quantify or otherwise assign relative weights to the specific factors it considered in reaching its final decision. Important criteria Cohen Circle used in evaluating prospective business transaction opportunities included: •Strong financial profile. •Strong management team. •Opportunities for add -onacquisitions. •Differentiated business niche. Cohen Circle’s management