Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 426

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 426
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 Cantor (270,000 Units) and one of Cohen Circle’s sponsors, Cohen Circle Sponsor I, LLC (445,000 Units). The Warrants included in the Placement Units are identical to the Warrants included in the IPO Units except as otherwise described in the Registration Statement. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the Placement Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended. Administrative Support Agreement Cohen Circle entered into an agreement, commencing on October 11, 2024, through the earlier of Cohen Circle’s consummation of an initial business combination or its liquidation, to pay an affiliate or designee of the Sponsor a total of $25,000 per month for office space, utilities and shared personnel support services. Service Agreement Cohen Circle has agreed, commencing on October 11, 2024, through the earlier of Cohen Circle’s consummation of an initial business combination or its liquidation, to pay its Chief Financial Officer, R. Maxwell Smeal, $12,500 per month. Promissory Note On November 3, 2021, Cohen Circle issued the Promissory Note, pursuant to which Cohen Circle may borrow up to an aggregate principal amount of $500,000. The Promissory Note was non -interestbearing and payable on the earlier of (i) December 31, 2024 or (ii) the consummation of the Initial Public Offering. Cohen Circle repaid the outstanding balance of the Promissory Note at the closing of the Initial Public Offering on October 15, 2024. Borrowings under the Promissory Note are no longer available. 234 Registration Rights Agreement On October 10, 2024, the Sponsor, Cohen Circle and certain other holders of Cohen Circle’s securities entered into the Registration Rights Agreement which provides for customary terms for a transaction of this type, including piggyback registration rights and demand registration rights, subject to underwriter cutbacks and issuer blackout periods. Related Party Loans In addition, in order to fund working capital deficiencies or finance transaction costs in connection with an initial business combination, the Sponsor or an affiliate of the Sponsor has committed to loan Cohen Circle Working Capital Loans. If Cohen Circle completes an initial business combination, Cohen Circle may repay the Working Capital Loans out of the proceeds of the Trust Account released to Cohen Circle. Otherwise, the Working Capital Loans may be repaid only out of