09:11 AM EDT, 07/11/2025 (MT Newswires) -- Veon ( VEON ) and Cohen Circle Acquisition (CCIR) said Friday that they have signed non-redemption agreements totaling $52.3 million with accredited institutional investors, including Helikon and Clearline.

The companies said the agreements cover 5.05 million Cohen Circle class A shares, helping the parties in meeting the minimum cash condition of $50 million for the planned merger of Kyivstar Group and Cohen Circle.

The business combination is expected to be completed in Q3, and if completed, Kyivstar Group will list on Nasdaq under the ticker 'KYIV.'