Company: KYIV
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077507
Chunk: 11

Company: Kyivstar Group Ltd.
Filing Date: 2025-08-15
Form: 20-F
Item: Item 9
Chunk 11
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Item 9.  The Offer and Listing
 A. Offer and Listing Details 
 
Nasdaq Listing of PubCo Common Shares and PubCo Warrants
 
PubCo’s common shares and PubCo’s warrants are listed on Nasdaq under the symbols KYIV and KYIVW, respectively. Holders of PubCo common shares and PubCo warrants should obtain current market quotations for their securities. There can be no assurance that the PubCo common shares and/or the PubCo warrants will remain listed on Nasdaq. If PubCo fails to comply with the Nasdaq listing requirements, the PubCo common shares and/or the PubCo warrants could be delisted from Nasdaq. A delisting of the PubCo common shares will likely affect their liquidity and could inhibit or restrict the ability of PubCo to raise additional financing.
Lock-up Agreements
 
Information regarding the lock-up restrictions applicable to certain PubCo common shares held by the Sponsor and VEON Holdings is included in the Proxy Statement/Prospectus under the section titled “The Business Combination Agreement and Transaction Documents — Transaction Documents” and is incorporated herein by reference.
 
Warrants
 
Upon the completion of the Transactions, there were 7,666,638 PubCo warrants outstanding, all of which represent publicly held warrants not subject to lock-up provisions. Each PubCo warrant entitles the holder to purchase one PubCo common share at an exercise price of $11.50 per share, and will become exercisable 30 days after the completion of the Transactions. The PubCo warrants will expire five years after the completion of Transactions or earlier upon redemption or liquidation in accordance with their terms.
 
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 B. Plan of Distribution 
 
Not applicable.
 
 C. Markets
 
PubCo’s common shares and PubCo’s warrants are listed on Nasdaq under the symbols KYIV and KYIVW, respectively. There can be no assurance that the PubCo common shares and/or the PubCo warrants will remain listed on Nasdaq. If PubCo fails to comply with the Nasdaq listing requirements, the PubCo common shares and/or the PubCo warrants could be delisted from Nasdaq. A delisting of the PubCo common shares will likely affect their liquidity and could inhibit or restrict the ability of PubCo to raise additional financing.
 D. Selling Shareholders 
 
Not Applicable.
 
 E. Dilution
 
Not applicable.
 
 F. Expenses of the Issue
 
Not applicable.