Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 430

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 430
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 without interest, or, at the lender’s discretion, up to $2,000,000 of such Working Capital Loans may be convertible into units upon consummation of the initial business combination at a price of $10.00 per unit. The units would be identical to the Placement Units. As of March31, 2025 and December 31, 2024, no such Working Capital Loans were outstanding. Sponsor Agreement In connection with the execution of the Business Combination Agreement, SPAC, CCS, CCA I, Cantor Fitzgerald & Co. and Kyivstar Group Ltd. have entered into the Sponsor Support Agreement. Pursuant to the Sponsor Agreement, on the terms and subject to the conditions set forth therein, the Voting Parties have agreed, among other things, to (i) not redeem any Voting Shares (as defined therein) in connection with the vote to approve the SPAC Shareholder Matters; (ii) vote in favor of the Merger and the Business Combination Agreement and the other Transactions and against any alternative transaction; (iii) during the term of the Sponsor Agreement, not to transfer any of such party’s Voting Shares except as permitted thereby; (iv) waive appraisal and dissenters’ rights with respect to the Merger; and (v) contingent upon the Closing, waive certain anti -dilutionprovisions contained in the SPAC Governing Documents in connection with the Merger. The Sponsor Agreement will terminate in its entirety, and be of no further force or effect, upon the earliest to occur of (i) the Merger Effective Time and (ii) the date on which the Business Combination Agreement is terminated for any reason in accordance with its terms. Non-Redemption Agreements On July 10, 2025, Cohen Circle and Kyivstar Group Ltd. entered into non -redemptionagreements (each, a “Non -RedemptionAgreement”) with one or more unaffiliated third parties (the “Investors”) in exchange for such third party or third parties agreeing to vote in favor of the Business Combination and not to redeem certain public Cohen Circle Class A Ordinary Shares, $0.0001 par value per share of Cohen Circle sold in its initial public offering (the “Non -RedeemedShares”) at the Cohen Circle EGM. In exchange for the foregoing commitments not to redeem such Non -RedeemedShares, Kyivstar Group Ltd. will issue a number of Kyivstar Group Ltd. Common Shares equal to the number of Cohen Circle Class A Ordinary Shares