VEON Files SEC Registration for Kyivstar Nasdaq Listing

VEON Ltd. has filed a registration statement with the U.S. Securities and Exchange Commission to list its subsidiary, Kyivstar Group Ltd., on the Nasdaq Stock Market following a planned business combination with Cohen Circle Acquisition Corp. I, expected to close in the third quarter of 2025. Upon completion, Kyivstar Group will trade under the ticker symbols "KYIV" and "KYIVW," marking it as the first and only pure-play Ukrainian investment opportunity on U.S. stock markets. This listing is seen as a significant milestone that provides U.S. and global investors direct access to Ukraine’s growing digital economy through a leading telecommunications and digital services operator. VEON’s CEO Kaan Terzioglu and Cohen Circle CEO Betsy Cohen expressed optimism about Kyivstar’s growth potential and its role in supporting Ukraine’s economic resilience amid geopolitical challenges. The transaction is subject to shareholder and regulatory approvals and reflects confidence in Kyivstar Group’s strong operational and financial performance. This development highlights VEON’s strategic commitment to expanding Ukraine’s presence in global capital markets.