Complex sentence: Kayo Dot was formed after the disbanding of Maudlin of the Well, a highly-acclaimed progressive heavy metal band in late 2002, and many of the members from Maudlin went on to form Kayo Dot with the multi-instrumentalist Toby Driver leading the group.
Split into simpler sentences: Kayo Dot was formed after the disbanding of Maudlin of the Well, a highly-acclaimed progressive heavy metal band in late 2002. Several members of Maudlin went on to form Kayo Dot, with multi-instrumentalist Toby Driver leading the group.