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Cohen Circle Acquisition Corp. I Class A ( (CCIR) ) has shared an announcement.
On March 18, 2025, Cohen Circle Acquisition Corp. I entered into a business combination agreement with VEON Amsterdam B.V., VEON Holdings B.V., Kyivstar Group Ltd., and Varna Merger Sub Corp. The agreement involves a business combination with Kyivstar Group, which is expected to be listed on Nasdaq under the ticker symbol ‘KYIV’ by the third quarter of 2025. VEON and Cohen Circle have secured non-redemption agreements totaling approximately USD 52.3 million with institutional investors, ensuring the minimum cash condition for the business combination. This move positions Kyivstar Group as the first pure-play Ukrainian company to be publicly listed on a U.S. stock exchange, highlighting its long-term potential and investment appeal.
More about Cohen Circle Acquisition Corp. I Class A
Kyivstar Group operates as Ukraine’s leading digital operator, providing services to over 23 million mobile customers and more than 1.1 million home internet fixed-line customers as of December 31, 2024. The company offers a range of services including 4G, big data, cloud solutions, cybersecurity, and digital TV. VEON, in partnership with Kyivstar Group, plans to invest USD 1 billion in Ukraine from 2023 to 2027 for infrastructure and technological development.
Average Trading Volume: 306,523
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