Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 46

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 46
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star Group Ltd. Warrants deemed received should be equal to the U.S. holder’s basis in its Cohen Circle Public Warrants deemed transferred. It is unclear whether the Merger, in addition to qualifying as an exchange described in Section 351(a) of the Code, will also qualify as a “reorganization” under Section 368 of the Code. There are many requirements that must be satisfied in order for the Merger to qualify as a “reorganization” under Section 368 of the Code, some of which are based upon factual determinations and others are fundamental to corporate reorganizations. There can be no assurance that the Merger qualifies as a reorganization under Section 368 of the Code. A Non -U.S. Holder generally will not be subject to U.S. federal income tax on the exchange of such Non -U.S. holder’s Cohen Circle Class A Ordinary Shares or Cohen Circle Public Warrants unless (i) the gain is effectively connected with the Non -U.S. holder’s conduct of a trade or business in the United States, and if required by an applicable tax treaty, is attributable to a permanent establishment maintained by the Non -U.S. holder in the United States or (ii) the Non -U.S. holder is a non -residentalien individual present in the United States for 183 days or more during the taxable year in which the Business Combination takes place and certain other requirements are met. Holders of Cohen Circle Class A Ordinary Shares and/or Cohen Circle Public Warrants are urged to consult with their tax advisors regarding the U.S. federal income tax treatment to them of the Merger. For an additional discussion of the U.S. federal income tax treatment of the Merger, see the section entitled “ Certain Tax Considerations — U.S. Federal Income Tax Considerations” which qualifies the summary above in its entirety. Q: What are the U.S. federal income tax consequences of exercising my redemption rights? A:The receipt of cash by a holder of Cohen Circle Class A Ordinary Shares in redemption of such shares will be a taxable transaction for U.S. federal income tax purposes in the case of a U.S. Holder (as defined herein) and could be a taxable event for U.S. federal income tax purposes in the case of a Non -U.S. Holder (as defined herein). Please see the section in this proxy statement/prospectus entitled “ Certain Tax Considerations — U.S. Federal Income Tax Considerations— Material U.S. Federal Income Tax Considerations — U.S. holders —